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CS/SB 1352: Retirement

GENERAL BILL by Governmental Oversight and Productivity ; Governmental Oversight and Productivity

Retirement; redefines terms "system," "average final compensation," "normal retirement date," "System Trust Fund," "vested," & "vesting" re FRS; directs State Board of Administration to establish optional defined contribution retirement program for members of FRS; provides for eligibility & retirement service credit; provides vesting requirements & benefits; provides for social security & health insurance subsidy coverage, etc. Amends Ch. 121, 112.363. APPROPRIATION: $1,550,000.

Effective Date: 07/01/2000 except as otherwise provided
Last Action: 5/5/2000 Senate - House Bill substituted -SJ 01717; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to HB 2393 (Ch. 2000-169)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/11/2000 Senate • Prefiled
    2/16/2000 Senate • Referred to Governmental Oversight and Productivity; Fiscal Policy
    3/2/2000 Senate • On Committee agenda-- Governmental Oversight and Productivity, 03/07/00, 1:30 pm, 37-S
    3/7/2000 Senate • Introduced, referred to Governmental Oversight and Productivity; Fiscal Policy -SJ 00080; On Committee agenda-- Governmental Oversight and Productivity, 03/07/00, 1:30 pm, 37-S --Temporarily postponed
    4/20/2000 Senate • On Committee agenda-- Governmental Oversight and Productivity, 04/25/00, 9:00 am, 37-S --Temporarily postponed
    4/25/2000 Senate • On Committee agenda-- Governmental Oversight and Productivity, 04/26/00, 3:30 pm, 37-S
    4/26/2000 Senate • Comm. Action: CS by Governmental Oversight and Productivity; YEAS 7 NAYS 0 -SJ 00582; CS read first time on 04/27/00 -SJ 00587
    4/27/2000 Senate • Now in Fiscal Policy -SJ 00582; Withdrawn from Fiscal Policy -SJ 00543; Placed on Calendar
    4/28/2000 Senate • Placed on Special Order Calendar -SJ 00581; Read second time -SJ 00622; Amendment(s) adopted -SJ 00622; Ordered engrossed -SJ 00623
    5/5/2000 Senate • House Bill substituted -SJ 01717; Laid on Table, Iden./Sim./Compare Bill(s) passed, refer to HB 2393 (Ch. 2000-169)

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  • CS/SB 1352, Engrossed 1 (Current Bill Version) Posted 8/25/2000 at 4:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (13)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 2393 (e2) Goode Similar Last Action: 6/1/2000 Approved by Governor; Chapter No. 2000-169
    Location:
    H 99 FRS/Average Final Compensation Fiorentino, Fasano Compare Last Action: 9/28/1999 H Withdrawn from Governmental Operations (PRC); Finance & Taxation (FRC); General Appropriations (FRC); Withdrawn prior to introduction, I/S/C Bill(s) passed, refer to HB 2393 (Ch. 2000-169) -HJ 00016
    Location:
    H 101 FRS/Optional Retirement Program Sanderson Compare Last Action: 3/29/2000 H Withdrawn from Governmental Operations (PRC); Finance & Taxation (FRC); General Appropriations (FRC); Withdrawn from further cons.,Iden/Sim/Compare Bill(s) passed, refer to HB 2393 (Ch. 2000-169) -HJ 00341
    Location:
    H 191 FRS/Average Final Compensation Fiorentino, Fasano, Feeney Compare Last Action: 5/5/2000 H Died on Calendar, Iden./Sim./Compare Bill(s) passed, refer to HB 2393 (Ch. 2000-169)
    Location:
    H 235 (c1) FRS/Vested After 5 Years Lawson Compare Last Action: 5/5/2000 H Died in Committee on General Appropriations (FRC), Iden./Sim./Compare Bill(s) passed, refer to HB 2393 (Ch. 2000-169)
    Location:
    H 369 (e1) Judicial Employees/FRS Garcia Compare Last Action: 5/5/2000 S Died in Committee on Governmental Oversight and Productivity, Iden./Sim./Compare Bill(s) passed, refer to HB 2393 (Ch. 2000-169)
    Location:
    H 805 (c1) FRS/Special Risk & Senior Management Kilmer Compare Last Action: 5/5/2000 H Died in Committee on General Appropriations (FRC), Iden./Sim./Compare Bill(s) passed, refer to HB 2393 (Ch. 2000-169)
    Location:
    H 2265 Retirement Div./Transferred from DMS Governmental Operations Compare Last Action: 5/5/2000 H Died in Committee on Governmental Rules & Regulations (PRC)
    Location:
    H 2395 Public Employee Optional Retirement General Government Appropriations Compare Last Action: 5/5/2000 S Died in Committee on Governmental Oversight and Productivity, Iden./Sim./Compare Bill(s) passed, refer to HB 2393 (Ch. 2000-169)
    Location:
    S 1026 (e1) Florida Retirement System Silver Compare Last Action: 5/5/2000 H Died in Messages, Iden./Sim./Compare Bill(s) passed, refer to HB 2393 (Ch. 2000-169)
    Location:
    S 1054 (c1) Florida Retirement System Silver Compare Last Action: 5/5/2000 S Died in Committee on Fiscal Policy, Iden./Sim./Compare Bill(s) passed, refer to HB 2393 (Ch. 2000-169)
    Location:
    S 1360 FRS/Vested After 5 Years Mitchell Compare Last Action: 5/5/2000 S Died in Committee on Governmental Oversight and Productivity, Iden./Sim./Compare Bill(s) passed, refer to HB 2393 (Ch. 2000-169)
    Location:
    S 1440 Judicial Employees/FRS Silver Compare Last Action: 3/7/2000 S Introduced, referred to Governmental Oversight and Productivity; Fiscal Policy -SJ 00085; On Committee agenda-- Governmental Oversight and Productivity, 03/07/00, 1:30 pm, 37-S; CS combines this bill with 1054; Comm. Action: CS by Governmental Oversight and Productivity; YEAS 7 NAYS 0 -SJ 00172; Original bill laid on Table, refer to combined CS/SB 1054 (Died in Senate Fiscal Policy Committee); Refer to HB 2393 (Ch. 2000-169)
    Location:

    Citations - Statutes (14)

    Citation Catchline Location in Bill Location In Bill Help
    112.363 Retiree health insurance subsidy.
    121.021 Definitions.
    121.031 Administration of system; appropriation; oaths; actuarial studies; public records.
    121.0515 Special risk membership; criteria; designation and removal of classification; credits for past service and prior service; retention of special risk normal retirement date.
    121.052 Membership class of elected officers.
    121.053 Participation in the Elected Officers' Class for retired members.
    121.055 Senior Management Service Class.
    121.081 Past service; prior service; contributions.
    121.091 Benefits payable under the system.
    121.1115 Purchase of retirement credit for out-of-state and federal service.
    121.1122 Purchase of retirement credit for in-state public service and in-state service in accredited nonpublic schools and colleges, including charter schools and charter technical career centers.
    121.121 Authorized leaves of absence.
    121.36
    121.571

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  • CS/SB 1352, Committee Substitute 1 Posted 8/25/2000 at 4:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   Governmental Oversight and Productivity (Post-Meeting) 4/27/2000 (pdf)

    Floor Amendments (8)

    Amendment Sponsor Filed Last Floor Action Format
    115298 - Amendment
    Brown-Waite 4/28/2000
    3:52 AM
    Web Page
    PDF
    360756 - Amendment
    Burt 4/28/2000
    3:57 AM
    Web Page
    PDF
    722012 - Amendment
    Brown-Waite 4/28/2000
    4:02 AM
    Web Page
    PDF
    100430 - Amendment
    Latvala 5/3/2000
    3:53 AM
    Web Page
    PDF
    491426 - Amendment
    Brown-Waite 5/3/2000
    4:12 AM
    Web Page
    PDF
    775962 - Amendment
    Latvala 5/3/2000
    4:22 AM
    Web Page
    PDF
    882494 - Amendment
    Latvala 5/3/2000
    4:25 AM
    Web Page
    PDF
    984158 - Amendment
    Latvala 5/3/2000
    4:28 AM
    Web Page
    PDF

    Citations - Statutes (14)

    Citation Catchline Location in Bill Location In Bill Help
    112.363 Retiree health insurance subsidy.
    121.021 Definitions.
    121.031 Administration of system; appropriation; oaths; actuarial studies; public records.
    121.0515 Special risk membership; criteria; designation and removal of classification; credits for past service and prior service; retention of special risk normal retirement date.
    121.052 Membership class of elected officers.
    121.053 Participation in the Elected Officers' Class for retired members.
    121.055 Senior Management Service Class.
    121.081 Past service; prior service; contributions.
    121.091 Benefits payable under the system.
    121.1115 Purchase of retirement credit for out-of-state and federal service.
    121.1122 Purchase of retirement credit for in-state public service and in-state service in accredited nonpublic schools and colleges, including charter schools and charter technical career centers.
    121.121 Authorized leaves of absence.
    121.36
    121.571

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  • SB 1352, Original Filed Version Posted 8/25/2000 at 4:12 PM

    Bill Text:   Web Page
    Analyses:   None

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