HOUSE AMENDMENT
Bill No. HB 651 Barcode 463431
Amendment No. ___ (for drafter's use only)
CHAMBER ACTION
Senate House
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5 ORIGINAL STAMP BELOW
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11 The Committee on State Administration offered the following:
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13 Amendment
14 On page 4, line 28 through page 5, line 10,
15 remove from the bill: all of said lines
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17 and insert in lieu thereof:
18 Section 2. A cost-of-living-allowance of 3 percent per
19 year calculated pursuant to s. 121.101 shall be applied to the
20 retirement benefit for those with creditable service between
21 these dates and who have retired, who are participants in the
22 deferred retirement option program, or who have terminated
23 employment with vested rights before July 1, 2001. The
24 cost-of-living-allowance shall be applied prospectively over
25 the same interval of time as creditable service recognized
26 under this subparagraph, but may not be applied twice to the
27 same creditable service to produce an amount greater than 3
28 percent per year.
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File original & 9 copies 04/03/01
hsa0005 02:36 pm 00651-sa -463431