The Police Benevolent Association (PBA) Bargaining Unit Members ratified the current three-year Labor Agreement on March 13, 2020.  The parties bargained to close the Riviera Beach Police Pension Fund to new hires at acceptance into the Florida State Retirement System (FRS).

On August 19, 2020, the Council, by Resolution 71-20, approved the enrollment of newly sworn police officers into the Florida Retirement System (FRS). The resolution required all police officers, hired after FRS enrollment, except those excluded by law, to participate in the Florida Retirement System as compulsory members.  The Department of Management Services has provided an enrollment date of December 1, 2020. 

Florida is a divided vote referendum state, meaning two votes are required. The first vote is a by secret ballot.  An affirmative vote of the majority of the eligible persons in the Retirement Plan and Trust for the police officers of the City of Rivera Beach must vote affirmatively in favor of the City joining the FRS. Following a favorable majority vote referendum, each eligible police officer will vote a second time. The second vote is not a secret ballot.

The first vote occurred on April 30 and May 1, 2020. Eighty-one (81) members of the eligible one-hundred ten (110) members voted in the affirmative to join FRS. 

Each police officer will elect to transfer to the FRS or remain in Police Pension Fund. All police officers hired after December 1, 2020 will be members of the FRS with Social Security coverage.

The First Reading of Ordinance to close the Riviera Beach Police Pension Fund to New Members was approved by City Council at the Wednesday, November 18, 2020 meeting.