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HB 4045

City Pension Fund for Firefighters and Police Officers in the City of Tampa, Hillsborough County

2025 Regular Session Introduced by Danny Alvarez and 4 co-sponsors

HB 4045 creates a dedicated pension fund for Tampa firefighters and police officers, establishing separate retirement benefits for these public safety employees.

Chapter No. 2025-239
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Bill Summary · HB 4045

Legislative bill overview

HB 4045 establishes a dedicated city pension fund for firefighters and police officers in Tampa, Hillsborough County, creating a separate retirement benefit system for these municipal employees. The bill was enacted into law in June 2025 after passing through the legislative process and receiving gubernatorial approval.

Why is this important

Public safety pension funds directly affect municipal budgets, employee recruitment/retention, and taxpayer costs. This legislation determines how Tampa funds retirement benefits for its police and fire departments—a significant long-term financial obligation that impacts both city services and employees' financial security in retirement.

Potential points of contention

  • Funding mechanism: Whether the city or employees (or both) bear pension contribution costs and how this affects municipal budgets or employee take-home pay
  • Benefit levels: The generosity of pension formulas compared to other Florida municipalities or private sector retirement plans, which could create budget pressures
  • Governance and management: How the fund is overseen, invested, and protected from political interference or mismanagement

Compiled from official sources — confirm details with the bill’s official record.

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