Florida Senate - 2008 COMMITTEE AMENDMENT

Bill No. CS for SB 2002

641406

CHAMBER ACTION

Senate

Comm: RCS

4/2/2008

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House



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The Committee on General Government Appropriations (Lawson)

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recommended the following amendment:

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     Senate Amendment

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     Delete lines 11-55

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and insert:

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     Section 1.  Subsection (3) of section 121.71, Florida

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Statutes, is amended to read:

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     121.71  Uniform rates; process; calculations; levy.--

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     (3)  Required employer retirement contribution rates for

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each membership class and subclass of the Florida Retirement

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System for both retirement plans are as follows:

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Membership ClassPercentage of Gross Compensation,Effective July 1, 2008 2007Percentage of Gross Compensation,Effective July 1, 2009 2008

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Regular Class8.69%9.60% 9.59%

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Special Risk Class19.76%22.03% 22.01%

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Special Risk Administrative   Support Class11.39%11.98% 11.90%

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Elected Officers' Class -   Legislators, Governor,   Lt. Governor,   Cabinet Officers,   State Attorneys,   Public Defenders13.32%14.56% 14.99%

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Elected Officers' Class -  Justices, Judges18.40%20.37% 20.46%

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Elected Officers' Class -  County Elected Officers15.37%17.06% 17.15%

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Senior Management Class11.96%13.36% 13.35%

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DROP9.80%10.96% 10.89%

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3/31/2008  9:06:00 PM     6-06177-08

CODING: Words stricken are deletions; words underlined are additions.