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The Florida Senate

CS/CS/SB 1114: Retirement

GENERAL BILL by Appropriations ; Governmental Oversight and Accountability ; Community Affairs

Retirement; Revising the definition of “vested” or “vesting” to provide that a member initially enrolled in the Florida Retirement System after a certain date is vested in the pension plan after completing 10 years of creditable service; providing for compulsory membership in the Florida Retirement System Investment Plan for certain members of the Elected Officers’ Class initially enrolled after a certain date; authorizing renewed membership in the retirement system for retirees who are reemployed in a position eligible for the Elected Officers’ Class under certain circumstances, etc.

Effective Date: 7/1/2014
Last Action: 5/2/2014 Senate - Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Governmental Oversight and Accountability (GO)
  2. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    2/19/2014 Senate SPB 7046 submitted as a committee bill (SB 1114) by Community Affairs
    • Filed
    2/26/2014 Senate • Referred to Governmental Oversight and Accountability; Appropriations -SJ 90
    3/4/2014 Senate • Introduced -SJ 90
    4/7/2014 Senate • On Committee agenda-- Governmental Oversight and Accountability, 04/10/14, 9:00 am, 412 Knott Building
    4/10/2014 Senate • CS by Governmental Oversight and Accountability; YEAS 7 NAYS 2 -SJ 515
    4/14/2014 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    4/18/2014 Senate • Now in Appropriations -SJ 515
    • On Committee agenda-- Appropriations, 04/22/14, 9:00 am, 412 Knott Building
    4/22/2014 Senate • CS by Governmental Oversight and Accountability read 1st time -SJ 518
    • CS/CS by- Appropriations; YEAS 10 NAYS 8 -SJ 698
    4/25/2014 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
    • Placed on Calendar, on 2nd reading -SJ 698
    • Placed on Special Order Calendar, 04/30/14
    • CS/CS by Appropriations read 1st time -SJ 699
    4/30/2014 Senate • Read 2nd time -SJ 850
    • Amendment(s) adopted (364164, 446396, 730910) -SJ 851
    5/2/2014 Senate • Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)

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  • CS/CS/SB 1114, Engrossed 1 (Current Bill Version) Posted 4/30/2014 at 5:40 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (7)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1112 Florida Retirement System Cash Balance Plan Trust Fund Community Affairs Linked Last Action: 5/2/2014 S Died in Governmental Oversight and Accountability
    Location: In committee/council (GO)
    H 5005 (er) State-Administered Retirement Systems Appropriations Committee Compare Last Action: 6/2/2014 Chapter No. 2014-54, companion bill(s) passed, see HB 5001 (Ch. 2014-51)
    Location: Became Law
    H 7173 Florida Retirement System State Affairs Committee Compare Last Action: 5/2/2014 H Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)
    Location: On 2nd Reading Calendar
    H 7181 (e2) Public Retirement Plans State Affairs Committee Compare Last Action: 5/2/2014 S Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)
    Location: On 2nd Reading Calendar
    S 184 Florida Retirement System Brandes Compare Last Action: 3/20/2014 S Withdrawn from further consideration, companion bill(s) passed, see HB 5005 (Ch. 2014-54) -SJ 303
    Location: Withdrawn from consideration
    S 1692 Florida Retirement System Governmental Oversight and Accountability Compare Last Action: 5/2/2014 S Died in Community Affairs
    Location: In committee/council (CA)
    S 2506 State-administered Retirement Systems Governmental Oversight and Accountability Compare Last Action: 4/3/2014 S Laid on Table, companion bill(s) passed, see HB 5005 (Ch. 2014-54), HB 5001 (Ch. 2014-51) -SJ 410
    Location: Laid on Table

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    860600 - Amendment
    Between lines 1550 and 1551 insert:
    Bradley 4/30/2014
    7:06 PM
    Web Page
    PDF

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    121.021 Definitions. Page 4 (pdf)
    121.051 Participation in the system. Page 6 (pdf)
    121.052 Membership class of elected officers. Page 7 (pdf)
    121.053 Participation in the Elected Officers’ Class for retired members. Page 8 (pdf)
    121.055 Senior Management Service Class. Page 9 (pdf)
    121.091 Benefits payable under the system. Page 14 (pdf)
    121.122 Renewed membership in system. Page 16 (pdf)
    121.35 Optional retirement program for the State University System. Page 20 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 22 (pdf)
    121.591 Payment of benefits. Page 49 (pdf)
    238.072 Special service provisions for extension personnel. Page 52 (pdf)
    413.051 Eligible blind persons; operation of vending stands. Page 53 (pdf)

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  • CS/CS/SB 1114, Committee Substitute 2 Posted 4/25/2014 at 8:15 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (7)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1112 Florida Retirement System Cash Balance Plan Trust Fund Community Affairs Linked Last Action: 5/2/2014 S Died in Governmental Oversight and Accountability
    Location: In committee/council (GO)
    H 5005 Florida Retirement System Appropriations Committee Compare Last Action: 6/2/2014 Chapter No. 2014-54, companion bill(s) passed, see HB 5001 (Ch. 2014-51)
    Location: Became Law
    H 7173 Florida Retirement System State Affairs Committee Compare Last Action: 5/2/2014 H Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)
    Location: On 2nd Reading Calendar
    H 7181 (e2) Public Retirement Plans State Affairs Committee Compare Last Action: 5/2/2014 S Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)
    Location: On 2nd Reading Calendar
    S 184 Florida Retirement System Brandes Compare Last Action: 3/20/2014 S Withdrawn from further consideration, companion bill(s) passed, see HB 5005 (Ch. 2014-54) -SJ 303
    Location: Withdrawn from consideration
    S 1692 Florida Retirement System Governmental Oversight and Accountability Compare Last Action: 5/2/2014 S Died in Community Affairs
    Location: In committee/council (CA)
    S 2506 State-administered Retirement Systems Governmental Oversight and Accountability Compare Last Action: 4/3/2014 S Laid on Table, companion bill(s) passed, see HB 5005 (Ch. 2014-54), HB 5001 (Ch. 2014-51) -SJ 410
    Location: Laid on Table

    Floor Amendments (4)

    Amendment Sponsor Filed Last Floor Action Format
    446396 - Amendment
    Delete lines 150 - 178 and insert:
    Simpson 4/29/2014
    4:20 PM
    Senate: Adopted
    4/30/2014
    Web Page
    PDF
    730910 - Amendment
    Delete lines 1114 - 1141 and insert:
    Simpson 4/29/2014
    4:20 PM
    Senate: Adopted
    4/30/2014
    Web Page
    PDF
    545414 - Amendment
    Between lines 1531 and 1532 insert:
    Bradley 4/30/2014
    2:14 PM
    Web Page
    PDF
    364164 - Amendment
    Between lines 1557 and 1558 insert:
    Simpson 4/29/2014
    4:20 PM
    Senate: Adopted
    4/30/2014
    Web Page
    PDF

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    121.021 Definitions. Page 4 (pdf)
    121.051 Participation in the system. Page 6 (pdf)
    121.052 Membership class of elected officers. Page 7 (pdf)
    121.053 Participation in the Elected Officers’ Class for retired members. Page 8 (pdf)
    121.055 Senior Management Service Class. Page 9 (pdf)
    121.091 Benefits payable under the system. Page 13 (pdf)
    121.122 Renewed membership in system. Page 15 (pdf)
    121.35 Optional retirement program for the State University System. Page 19 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 21 (pdf)
    121.591 Payment of benefits. Page 48 (pdf)
    238.072 Special service provisions for extension personnel. Page 52 (pdf)
    413.051 Eligible blind persons; operation of vending stands. Page 52 (pdf)

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  • CS/SB 1114, Committee Substitute 1 Posted 4/14/2014 at 11:26 AM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations (Pre-Meeting) 4/21/2014 (pdf)
    Appropriations (Post-Meeting) 4/24/2014 (pdf)

    Related Bills (6)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1112 Florida Retirement System Cash Balance Plan Trust Fund Community Affairs Linked Last Action: 5/2/2014 S Died in Governmental Oversight and Accountability
    Location: In committee/council (GO)
    H 7173 Florida Retirement System State Affairs Committee Similar Last Action: 5/2/2014 H Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)
    Location: On 2nd Reading Calendar
    H 5005 Florida Retirement System Appropriations Committee Compare Last Action: 6/2/2014 Chapter No. 2014-54, companion bill(s) passed, see HB 5001 (Ch. 2014-51)
    Location: Became Law
    H 7181 (e1) Public Retirement Plans State Affairs Committee Compare Last Action: 5/2/2014 S Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)
    Location: On 2nd Reading Calendar
    S 184 Florida Retirement System Brandes Compare Last Action: 3/20/2014 S Withdrawn from further consideration, companion bill(s) passed, see HB 5005 (Ch. 2014-54) -SJ 303
    Location: Withdrawn from consideration
    S 2506 State-administered Retirement Systems Governmental Oversight and Accountability Compare Last Action: 4/3/2014 S Laid on Table, companion bill(s) passed, see HB 5005 (Ch. 2014-54), HB 5001 (Ch. 2014-51) -SJ 410
    Location: Laid on Table

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    938756 - Amendment
    Delete lines 140 - 1791 and insert:
    Appropriations
    (Ring)
    4/21/2014
    8:54 AM
    Withdrawn
    4/21/2014
    Web Page
    PDF
    343792 - Amendment
    Delete lines 140 - 1791 and insert:
    Appropriations
    (Galvano)
    4/21/2014
    6:51 PM
    Replaced by Committee Substitute
    4/23/2014
    Web Page
    PDF
    hierarchy 388390 - Amendment to Amendment (343792)
    Delete lines 14 - 15 and insert:
    Appropriations
    (Galvano)
    4/22/2014
    9:09 AM
    Replaced by Committee Substitute
    4/23/2014
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/22/2014 9:00 AM Appropriations 10 Yeas - 8 Nays

    Citations - Statutes (14)

    Citation Catchline Location in Bill Location In Bill Help
    121.021 Definitions. Page 4 (pdf)
    121.051 Participation in the system. Page 5 (pdf)
    121.052 Membership class of elected officers. Page 12 (pdf)
    121.053 Participation in the Elected Officers’ Class for retired members. Page 13 (pdf)
    121.055 Senior Management Service Class. Page 14 (pdf)
    121.091 Benefits payable under the system. Page 18 (pdf)
    121.122 Renewed membership in system. Page 20 (pdf)
    121.35 Optional retirement program for the State University System. Page 24 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 27 (pdf)
    121.591 Payment of benefits. Page 55 (pdf)
    121.71 Uniform rates; process; calculations; levy. Page 58 (pdf)
    238.072 Special service provisions for extension personnel. Page 61 (pdf)
    413.051 Eligible blind persons; operation of vending stands. Page 62 (pdf)
    1012.875 State Community College System Optional Retirement Program. Page 63 (pdf)

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  • SB 1114, Original Filed Version Posted 2/19/2014 at 10:41 AM

    Bill Text:   Web Page | PDF
    Analyses:   Community Affairs (Post-Meeting) 2/19/2014 (pdf)
    Governmental Oversight and Accountability (Pre-Meeting) 4/9/2014 (pdf)
    Governmental Oversight and Accountability PCS 776102 (Pre-Meeting) 4/9/2014 (pdf)
    Governmental Oversight and Accountability (Post-Meeting) 4/14/2014 (pdf)

    Related Bills (5)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1112 Florida Retirement System Cash Balance Plan Trust Fund Community Affairs Linked Last Action: 5/2/2014 S Died in Governmental Oversight and Accountability
    Location: In committee/council (GO)
    H 5005 Florida Retirement System Appropriations Committee Compare Last Action: 6/2/2014 Chapter No. 2014-54, companion bill(s) passed, see HB 5001 (Ch. 2014-51)
    Location: Became Law
    H 7173 Florida Retirement System State Affairs Committee Compare Last Action: 5/2/2014 H Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)
    Location: On 2nd Reading Calendar
    S 184 Florida Retirement System Brandes Compare Last Action: 3/20/2014 S Withdrawn from further consideration, companion bill(s) passed, see HB 5005 (Ch. 2014-54) -SJ 303
    Location: Withdrawn from consideration
    S 2506 State-administered Retirement Systems Governmental Oversight and Accountability Compare Last Action: 4/3/2014 S Laid on Table, companion bill(s) passed, see HB 5005 (Ch. 2014-54), HB 5001 (Ch. 2014-51) -SJ 410
    Location: Laid on Table

    Proposed Committee Substitutes (1)

    PCS and Amendments Sponsor Filed Last Committee Action Format
    776102 - Proposed Committee Substitute Governmental Oversight and Accountability 4/8/2014
    12:07 PM
    Replaced by Committee Substitute
    4/10/2014
    Web Page
    PDF
    hierarchy 636584 - Amendment (776102)
    Delete line 230 and insert:
    Governmental Oversight and Accountability
    (Ring)
    4/10/2014
    8:24 AM
    Withdrawn
    4/10/2014
    Web Page
    PDF
    hierarchy 255982 - Amendment (776102)
    Delete lines 291 - 293 and insert:
    Governmental Oversight and Accountability
    (Simmons)
    4/9/2014
    2:11 PM
    Withdrawn
    4/10/2014
    Web Page
    PDF
    hierarchy 904516 - Amendment to Amendment (255982)
    Delete line 7 and insert:
    Governmental Oversight and Accountability
    (Montford)
    4/10/2014
    8:24 AM
    Withdrawn
    4/10/2014
    Web Page
    PDF
    hierarchy 927262 - Amendment (776102)
    Delete lines 311 - 993 and insert:
    Governmental Oversight and Accountability
    (Ring)
    4/9/2014
    11:10 AM
    Replaced by Committee Substitute
    4/10/2014
    Web Page
    PDF
    hierarchy 597574 - Amendment to Amendment (927262)
    Delete line 230 and insert:
    Governmental Oversight and Accountability
    (Ring)
    4/9/2014
    1:39 PM
    Withdrawn
    4/10/2014
    Web Page
    PDF
    hierarchy 778906 - Amendment to Amendment (927262)
    Delete line 230 and insert:
    Governmental Oversight and Accountability
    (Ring)
    4/10/2014
    11:52 AM
    Replaced by Committee Substitute
    4/10/2014
    Web Page
    PDF
    hierarchy 593622 - Amendment (776102)
    Delete lines 524 - 544 and insert:
    Governmental Oversight and Accountability
    (Ring)
    4/9/2014
    3:36 PM
    Withdrawn
    4/10/2014
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/10/2014 9:00 AM Governmental Oversight and Accountability 7 Yeas - 2 Nays

    Citations - Statutes (23)

    Citation Catchline Location in Bill Location In Bill Help
    112.363 Retiree health insurance subsidy. Page 35 (pdf)
    121.011 Florida Retirement System. Page 36 (pdf)
    121.012 Inclusive provisions. Page 36 (pdf)
    121.021 Definitions. Page 36 (pdf)
    121.051 Participation in the system. Page 37 (pdf)
    121.052 Membership class of elected officers. Page 43 (pdf)
    121.055 Senior Management Service Class. Page 44 (pdf)
    121.091 Benefits payable under the system. Page 48 (pdf)
    121.151 Investments. Page 49 (pdf)
    121.35 Optional retirement program for the State University System. Page 49 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 51 (pdf)
    121.601 Page 4 (pdf)
    121.602 Page 7 (pdf)
    121.70 Legislative purpose and intent. Page 64 (pdf)
    121.71 Uniform rates; process; calculations; levy. Page 65 (pdf)
    121.721 Page 70 (pdf)
    121.73 Allocations for member disability coverage; percentage amounts. Page 75 (pdf)
    121.74 Administrative and educational expenses. Page 79 (pdf)
    121.76 Contributions for social security and for retiree health insurance subsidy. Page 80 (pdf)
    121.78 Payment and distribution of contributions. Page 80 (pdf)
    216.136 Consensus estimating conferences; duties and principals. Page 84 (pdf)
    238.072 Special service provisions for extension personnel. Page 85 (pdf)
    413.051 Eligible blind persons; operation of vending stands. Page 85 (pdf)

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