HB 4063: West Palm Beach Police Pension Fund - Special Act Amendment
HB 4063 status: Introduced — Chapter No. 2026-213 (updated Jul 1, 2026).
What this bill does
Overall score
Bill summary
OfficialWest Palm Beach Police Pension Fund - Special Act Amendment; Revises professional & clerical services; revises West Palm Beach Police Pension Fund membership; age & service requirements for retirement; retirement pension calculation; optional forms of retirement income; chapter 185 share accounts; supplemental pension ...
Key analysis
Impact analysis
Environment
Benefits
- No direct effect identified.
Risks
- No direct effect identified.
Economy
Benefits
- Updates fund management to comply with current IRS standards.
- Potentially improves long-term pension fund stability.
Risks
- Possible adjustment to local government fiscal liabilities.
- Operational costs for administrative changes.
Society
Benefits
- Provides updated benefits and structures for police personnel.
- Clarifies retirement and reemployment rules for members.
Risks
- Changes to pension calculations may favor some members over others.
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
Pension adjustments can have long-term unintended impacts on municipal budget solvency.
Analysis based on abstract only; full text not provided.
Where it stands
Introduced
CurrentChapter No. 2026-213
Committee
UpcomingFloor
UpcomingGovernor
UpcomingEnacted
UpcomingHow it affects your district
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