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CS/CS/SB 286: Retirement Division/Transfer

GENERAL BILL by Appropriations ; Comprehensive Planning ; Bennett

Retirement Division/Transfer; transfers Division of Retirement & its powers, duties, functions, components, & assets from DMS to State Board of Administration; provides status of division personnel under Career Service System; amends provisions to conform to such transfer; provides duties of Financial Services Dept. re issuing benefit payments under retirement plans, etc. Amends FS.

Effective Date: 07/01/2004
Last Action: 4/30/2004 Senate - Died in Committee on Rules and Calendar
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    10/17/2003 Senate • Prefiled
    10/23/2003 Senate • Referred to Governmental Oversight and Productivity; Comprehensive Planning; Appropriations Subcommittee on General Government; Appropriations; Rules and Calendar
    12/17/2003 Senate • On Committee agenda-- Governmental Oversight and Productivity, 01/07/04, 9:00 am, 110-S
    1/7/2004 Senate • Favorable by Governmental Oversight and Productivity; YEAS 10 NAYS 0; Now in Comprehensive Planning
    1/26/2004 Senate • On Committee agenda-- Comprehensive Planning, 02/02/04, 2:00 pm, 412-K
    2/2/2004 Senate • CS by Comprehensive Planning; YEAS 7 NAYS 0
    2/4/2004 Senate • Now in Appropriations Subcommittee on General Government
    3/2/2004 Senate • Introduced, referred to Governmental Oversight and Productivity; Comprehensive Planning; Appropriations Subcommittee on General Government; Appropriations; Rules and Calendar -SJ 00022; On Committee agenda-- Governmental Oversight and Productivity, 01/07/04, 9:00 am, 110-S; Favorable by Governmental Oversight and Productivity; YEAS 10 NAYS 0 -SJ 00151; Now in Comprehensive Planning -SJ 00151; On Committee agenda-- Comprehensive Planning, 02/02/04, 2:00 pm, 412-K; CS by Comprehensive Planning; YEAS 7 NAYS 0 -SJ 00153; CS read first time on 03/02/04 -SJ 00133; Now in Appropriations Subcommittee on General Government -SJ 00153
    3/11/2004 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 03/16/04, 5:00 pm, 301-C
    3/16/2004 Senate • CS/CS by Appropriations Subcommittee on General Government; YEAS 5 NAYS 0 -SJ 00353; CS read first time on 03/24/04 -SJ 00379
    3/17/2004 Senate • Now in Appropriations -SJ 00354
    3/24/2004 Senate • Withdrawn from Appropriations -SJ 00365; Now in Rules and Calendar
    4/30/2004 Senate • Died in Committee on Rules and Calendar

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  • CS/CS/SB 286, Committee Substitute 2 (Current Bill Version) Posted 3/24/2004 at 11:23 AM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Subcommittee on General Government (Post-Meeting) 3/17/2004 (pdf)
    Appropriations (Post-Meeting) 3/17/2004 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 587 Retirement Division/Transfer Domino Similar Last Action: 4/30/2004 H Died in Committee on State Administration
    Location:

    Citations - Statutes (92)

    Citation Catchline Location in Bill Location In Bill Help
    20.22 Department of Management Services.
    20.28 State Board of Administration.
    110.205 Career service; exemptions.
    112.05 Retirement; cost-of-living adjustment; employment after retirement.
    112.3173 Felonies involving breach of public trust and other specified offenses by public officers and employees; forfeiture of retirement benefits.
    112.363 Retiree health insurance subsidy.
    112.625 Definitions.
    112.63 Actuarial reports and statements of actuarial impact; review.
    112.64 Administration of funds; amortization of unfunded liability.
    112.658 Office of Program Policy Analysis and Government Accountability to determine compliance of the Florida Retirement System.
    112.661 Investment policies.
    112.665 Duties of Department of Management Services.
    121.021 Definitions.
    121.025 Administrator; powers and duties.
    121.031 Administration of system; appropriation; oaths; actuarial studies; public records.
    121.051 Participation in the system.
    121.0511 Revocation of election and alternative plan.
    121.0515 Special risk membership.
    121.052 Membership class of elected officers.
    121.055 Senior Management Service Class.
    121.081 Past service; prior service; contributions.
    121.085 Creditable service.
    121.091 Benefits payable under the system.
    121.095 Florida Retirement System Preservation of Benefits Plan Trust Fund.
    121.101 Cost-of-living adjustment of benefits.
    121.111 Credit for military service.
    121.133 Cancellation of uncashed warrants.
    121.135 Annual report to Legislature concerning state-administered retirement systems.
    121.136 Annual benefit statement to members.
    121.1905 Division of Retirement; creation.
    121.192 State retirement actuary.
    121.193 External compliance audits.
    121.22 State Retirement Commission; creation; membership; compensation.
    121.23 Disability retirement and special risk membership applications; Retirement Commission; powers and duties; judicial review.
    121.24 Conduct of commission business; legal and other assistance; compensation.
    121.30 Statements of purpose and intent and other provisions required for qualification under the Internal Revenue Code of the United States.
    121.35 Optional retirement program for the State University System.
    121.40 Cooperative extension personnel at the Institute of Food and Agricultural Sciences; supplemental retirement benefits.
    121.45 Interstate compacts relating to pension portability.
    121.4501 Public Employee Optional Retirement Program.
    121.4503 Florida Retirement System Contributions Clearing Trust Fund.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    121.5911 Disability retirement program; qualified status; rulemaking authority.
    121.72 Allocations to optional retirement program participant accounts; percentage amounts.
    121.73 Allocations for optional retirement program participant disability coverage; percentage amounts.
    121.74 Administrative and educational expenses.
    122.02 Definitions.
    122.03 Contributions; participants; prior service credit.
    122.05 Legislator services included.
    122.06 Legislative employee services included.
    122.07 Seasonal state employment included; time limit and procedure for claiming.
    122.08 Requirements for retirement; classifications.
    122.09 Disability retirement; medical examinations.
    122.10 Separation from service; refund of contributions.
    122.12 Designation of beneficiary; death of participant; forfeiture of contributions after benefits paid; survivor benefits.
    122.13 Administration of law; appropriation.
    122.15 Benefits exempt from taxes and execution.
    122.16 Employment after retirement.
    122.23 Definitions; ss. 122.21-122.321.
    122.30 Appropriations.
    122.34 Special provisions for certain sheriffs and full-time deputy sheriffs.
    122.351 Funding by local agencies.
    175.032 Definitions.
    175.121 Department of Revenue and Division of Retirement to keep accounts of deposits; disbursements.
    175.1215 Police and Firefighters' Premium Tax Trust Fund.
    175.341 Duties of Division of Retirement; rulemaking authority; investments by State Board of Administration.
    185.02 Definitions.
    185.10 Department of Revenue and Division of Retirement to keep accounts of deposits; disbursements.
    185.105 Police and Firefighters' Premium Tax Trust Fund.
    185.23 Duties of Division of Retirement; rulemaking authority; investments by State Board of Administration.
    215.20 Certain income and certain trust funds to contribute to the General Revenue Fund.
    215.28 United States securities, purchase by state and county officers and employees; deductions from salary.
    215.44 Board of Administration; powers and duties in relation to investment of trust funds.
    215.50 Custody of securities purchased; income.
    215.52 Rules and regulations.
    238.01 Definitions.
    238.02 Name and date of establishment.
    238.03 Administration.
    238.05 Membership.
    238.07 Regular benefits; survivor benefits.
    238.08 Optional benefits.
    238.09 Method of financing.
    238.10 Management of funds.
    238.11 Collection of contributions.
    238.12 Duties of employers.
    238.14 Protection against fraud.
    238.15 Exemption of funds from taxation, execution, and assignment.
    238.171 Monthly allowance; when made.
    238.181 Reemployment after retirement; conditions and limitations.
    238.32 Service credit in disputed cases.
    650.02 Definitions.
    650.06 Social Security Contribution Trust Fund.

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  • CS/SB 286, Committee Substitute 1 Posted 2/4/2004 at 12:45 PM

    Bill Text:   Web Page | PDF
    Analyses:   Comprehensive Planning (Post-Meeting) 2/3/2004 (pdf)

    Committee Votes (1)

    Date Committee Result
    3/16/2004 5:00 PM Appropriations Subcommittee on General Government 5 Yeas - 0 Nays

    Citations - Statutes (92)

    Citation Catchline Location in Bill Location In Bill Help
    20.22 Department of Management Services.
    20.28 State Board of Administration.
    110.205 Career service; exemptions.
    112.05 Retirement; cost-of-living adjustment; employment after retirement.
    112.3173 Felonies involving breach of public trust and other specified offenses by public officers and employees; forfeiture of retirement benefits.
    112.363 Retiree health insurance subsidy.
    112.625 Definitions.
    112.63 Actuarial reports and statements of actuarial impact; review.
    112.64 Administration of funds; amortization of unfunded liability.
    112.658 Office of Program Policy Analysis and Government Accountability to determine compliance of the Florida Retirement System.
    112.661 Investment policies.
    112.665 Duties of Department of Management Services.
    121.021 Definitions.
    121.025 Administrator; powers and duties.
    121.031 Administration of system; appropriation; oaths; actuarial studies; public records.
    121.051 Participation in the system.
    121.0511 Revocation of election and alternative plan.
    121.0515 Special risk membership.
    121.052 Membership class of elected officers.
    121.055 Senior Management Service Class.
    121.081 Past service; prior service; contributions.
    121.085 Creditable service.
    121.091 Benefits payable under the system.
    121.095 Florida Retirement System Preservation of Benefits Plan Trust Fund.
    121.101 Cost-of-living adjustment of benefits.
    121.111 Credit for military service.
    121.133 Cancellation of uncashed warrants.
    121.135 Annual report to Legislature concerning state-administered retirement systems.
    121.136 Annual benefit statement to members.
    121.1905 Division of Retirement; creation.
    121.192 State retirement actuary.
    121.193 External compliance audits.
    121.22 State Retirement Commission; creation; membership; compensation.
    121.23 Disability retirement and special risk membership applications; Retirement Commission; powers and duties; judicial review.
    121.24 Conduct of commission business; legal and other assistance; compensation.
    121.30 Statements of purpose and intent and other provisions required for qualification under the Internal Revenue Code of the United States.
    121.35 Optional retirement program for the State University System.
    121.40 Cooperative extension personnel at the Institute of Food and Agricultural Sciences; supplemental retirement benefits.
    121.45 Interstate compacts relating to pension portability.
    121.4501 Public Employee Optional Retirement Program.
    121.4503 Florida Retirement System Contributions Clearing Trust Fund.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    121.5911 Disability retirement program; qualified status; rulemaking authority.
    121.72 Allocations to optional retirement program participant accounts; percentage amounts.
    121.73 Allocations for optional retirement program participant disability coverage; percentage amounts.
    121.74 Administrative and educational expenses.
    122.02 Definitions.
    122.03 Contributions; participants; prior service credit.
    122.05 Legislator services included.
    122.06 Legislative employee services included.
    122.07 Seasonal state employment included; time limit and procedure for claiming.
    122.08 Requirements for retirement; classifications.
    122.09 Disability retirement; medical examinations.
    122.10 Separation from service; refund of contributions.
    122.12 Designation of beneficiary; death of participant; forfeiture of contributions after benefits paid; survivor benefits.
    122.13 Administration of law; appropriation.
    122.15 Benefits exempt from taxes and execution.
    122.16 Employment after retirement.
    122.23 Definitions; ss. 122.21-122.321.
    122.30 Appropriations.
    122.34 Special provisions for certain sheriffs and full-time deputy sheriffs.
    122.351 Funding by local agencies.
    175.032 Definitions.
    175.121 Department of Revenue and Division of Retirement to keep accounts of deposits; disbursements.
    175.1215 Police and Firefighters' Premium Tax Trust Fund.
    175.341 Duties of Division of Retirement; rulemaking authority; investments by State Board of Administration.
    185.02 Definitions.
    185.10 Department of Revenue and Division of Retirement to keep accounts of deposits; disbursements.
    185.105 Police and Firefighters' Premium Tax Trust Fund.
    185.23 Duties of Division of Retirement; rulemaking authority; investments by State Board of Administration.
    215.20 Certain income and certain trust funds to contribute to the General Revenue Fund.
    215.28 United States securities, purchase by state and county officers and employees; deductions from salary.
    215.44 Board of Administration; powers and duties in relation to investment of trust funds.
    215.50 Custody of securities purchased; income.
    215.52 Rules and regulations.
    238.01 Definitions.
    238.02 Name and date of establishment.
    238.03 Administration.
    238.05 Membership.
    238.07 Regular benefits; survivor benefits.
    238.08 Optional benefits.
    238.09 Method of financing.
    238.10 Management of funds.
    238.11 Collection of contributions.
    238.12 Duties of employers.
    238.14 Protection against fraud.
    238.15 Exemption of funds from taxation, execution, and assignment.
    238.171 Monthly allowance; when made.
    238.181 Reemployment after retirement; conditions and limitations.
    238.32 Service credit in disputed cases.
    650.02 Definitions.
    650.06 Social Security Contribution Trust Fund.

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  • SB 286, Original Filed Version Posted 10/17/2003 at 1:53 PM

    Bill Text:   Web Page | PDF
    Analyses:   Governmental Oversight and Productivity (Post-Meeting) 12/11/2003 (pdf)

    Committee Votes (2)

    Date Committee Result
    1/7/2004 9:00 AM Governmental Oversight and Productivity 10 Yeas - 0 Nays
    2/2/2004 2:00 PM Comprehensive Planning 7 Yeas - 0 Nays

    Citations - Statutes (92)

    Citation Catchline Location in Bill Location In Bill Help
    20.22 Department of Management Services.
    20.28 State Board of Administration.
    110.205 Career service; exemptions.
    112.05 Retirement; cost-of-living adjustment; employment after retirement.
    112.3173 Felonies involving breach of public trust and other specified offenses by public officers and employees; forfeiture of retirement benefits.
    112.363 Retiree health insurance subsidy.
    112.625 Definitions.
    112.63 Actuarial reports and statements of actuarial impact; review.
    112.64 Administration of funds; amortization of unfunded liability.
    112.658 Office of Program Policy Analysis and Government Accountability to determine compliance of the Florida Retirement System.
    112.661 Investment policies.
    112.665 Duties of Department of Management Services.
    121.021 Definitions.
    121.025 Administrator; powers and duties.
    121.031 Administration of system; appropriation; oaths; actuarial studies; public records.
    121.051 Participation in the system.
    121.0511 Revocation of election and alternative plan.
    121.0515 Special risk membership.
    121.052 Membership class of elected officers.
    121.055 Senior Management Service Class.
    121.081 Past service; prior service; contributions.
    121.085 Creditable service.
    121.091 Benefits payable under the system.
    121.095 Florida Retirement System Preservation of Benefits Plan Trust Fund.
    121.101 Cost-of-living adjustment of benefits.
    121.111 Credit for military service.
    121.133 Cancellation of uncashed warrants.
    121.135 Annual report to Legislature concerning state-administered retirement systems.
    121.136 Annual benefit statement to members.
    121.1905 Division of Retirement; creation.
    121.192 State retirement actuary.
    121.193 External compliance audits.
    121.22 State Retirement Commission; creation; membership; compensation.
    121.23 Disability retirement and special risk membership applications; Retirement Commission; powers and duties; judicial review.
    121.24 Conduct of commission business; legal and other assistance; compensation.
    121.30 Statements of purpose and intent and other provisions required for qualification under the Internal Revenue Code of the United States.
    121.35 Optional retirement program for the State University System.
    121.40 Cooperative extension personnel at the Institute of Food and Agricultural Sciences; supplemental retirement benefits.
    121.45 Interstate compacts relating to pension portability.
    121.4501 Public Employee Optional Retirement Program.
    121.4503 Florida Retirement System Contributions Clearing Trust Fund.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    121.5911 Disability retirement program; qualified status; rulemaking authority.
    121.72 Allocations to optional retirement program participant accounts; percentage amounts.
    121.73 Allocations for optional retirement program participant disability coverage; percentage amounts.
    121.74 Administrative and educational expenses.
    122.02 Definitions.
    122.03 Contributions; participants; prior service credit.
    122.05 Legislator services included.
    122.06 Legislative employee services included.
    122.07 Seasonal state employment included; time limit and procedure for claiming.
    122.08 Requirements for retirement; classifications.
    122.09 Disability retirement; medical examinations.
    122.10 Separation from service; refund of contributions.
    122.12 Designation of beneficiary; death of participant; forfeiture of contributions after benefits paid; survivor benefits.
    122.13 Administration of law; appropriation.
    122.15 Benefits exempt from taxes and execution.
    122.16 Employment after retirement.
    122.23 Definitions; ss. 122.21-122.321.
    122.30 Appropriations.
    122.34 Special provisions for certain sheriffs and full-time deputy sheriffs.
    122.351 Funding by local agencies.
    175.032 Definitions.
    175.121 Department of Revenue and Division of Retirement to keep accounts of deposits; disbursements.
    175.1215 Police and Firefighters' Premium Tax Trust Fund.
    175.341 Duties of Division of Retirement; rulemaking authority; investments by State Board of Administration.
    185.02 Definitions.
    185.10 Department of Revenue and Division of Retirement to keep accounts of deposits; disbursements.
    185.105 Police and Firefighters' Premium Tax Trust Fund.
    185.23 Duties of Division of Retirement; rulemaking authority; investments by State Board of Administration.
    215.20 Certain income and certain trust funds to contribute to the General Revenue Fund.
    215.28 United States securities, purchase by state and county officers and employees; deductions from salary.
    215.44 Board of Administration; powers and duties in relation to investment of trust funds.
    215.50 Custody of securities purchased; income.
    215.52 Rules and regulations.
    238.01 Definitions.
    238.02 Name and date of establishment.
    238.03 Administration.
    238.05 Membership.
    238.07 Regular benefits; survivor benefits.
    238.08 Optional benefits.
    238.09 Method of financing.
    238.10 Management of funds.
    238.11 Collection of contributions.
    238.12 Duties of employers.
    238.14 Protection against fraud.
    238.15 Exemption of funds from taxation, execution, and assignment.
    238.171 Monthly allowance; when made.
    238.181 Reemployment after retirement; conditions and limitations.
    238.32 Service credit in disputed cases.
    650.02 Definitions.
    650.06 Social Security Contribution Trust Fund.

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