Florida Senate - 2009 COMMITTEE AMENDMENT Bill No. CS for CS for SB 1182 Barcode 526914 LEGISLATIVE ACTION Senate . House Comm: FAV . 04/16/2009 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Governmental Oversight and Accountability (Dean) recommended the following: 1 Senate Substitute for Amendment (841212) (with title 2 amendment) 3 4 Delete lines 675 - 698 5 and insert: 6 (b) The limitations on receiving a retirement benefit while 7 reemployed by an employer participating in a state-administered 8 retirement system are: 9 1. For persons who retire under this chapter on or after 10 January 1, 2010, or for DROP participation ending on or after 11 January 1, 2010: 12 a. Except as provided in sub-subparagraphs b. and d., a 13 retiree may not receive a retirement benefit if the retiree is 14 receiving a salary or wages from reemployment with an employer 15 participating in the Florida Retirement System after the date of 16 retirement. However, a DROP participant may continue employment 17 and receive a salary during the period of participation in DROP, 18 as provided in subsection (13). Any retiree employed in 19 violation of this subparagraph, and any agency that employs or 20 appoints such person without notifying the Division of 21 Retirement to suspend retirement benefits are jointly and 22 severally liable for any retirement benefits paid during 23 reemployment. Any benefits received by a retiree while 24 reemployed must be repaid to the Florida Retirement System Trust 25 Fund, and his or her benefits remain suspended until repayment 26 is made. 27 b. A district school board may reemploy a retiree, after he 28 or she has met the definition of termination in s. 121.021(39), 29 as a substitute or hourly teacher, an education paraprofessional 30 transportation assistant, bus driver, or food service worker for 31 up to 780 hours per year. A retiree reemployed for more than 780 32 hours per year must give notice in writing on forms prescribed 33 by the Division of Retirement to the employer or employers and 34 to the division within 30 days before the date he or she will 35 exceed the 780-hour limitation, and his or her retirement 36 benefits will be suspended in the month the reemployed retiree 37 works 780 or more hours and for the balance of a 12-month 38 limitation period. Any retiree employed in violation of this 39 sub-subparagraph and any agency that employs or appoints such 40 person without notifying the division to suspend retirement 41 benefits is jointly and severally liable for any benefits paid 42 during the reemployment limitation period. Any retirement 43 benefits received by a retiree while reemployed during the 44 reemployment limitation period must be repaid to the Florida 45 Retirement System Trust Fund. The retirement benefits of a 46 retiree who violates this limitation remain suspended until 47 repayment is made. Benefits suspended apply toward repayment of 48 benefits received in violation of the reemployment limitation. 49 c. Except as provided in sub-subparagraph b., there are no 50 exceptions to the reemployment limitations in sub-subparagraph 51 a. and the exceptions in subparagraphs (b)3. and 4. do not 52 apply. 53 d. A retiree may be reemployed with an employer 54 participating in the Florida Retirement System if his or her 55 spouse was also an retiree of an employer that participated in 56 the Florida Retirement System and upon the spouse’s death there 57 is no continuing benefit paid to the survivor. 58 e. The employment of a retiree or DROP participant of a 59 state-administered retirement system does not affect the average 60 final compensation or years of creditable service of the retiree 61 or DROP participant. The employer must pay retirement 62 contributions in an amount equal to the unfunded actuarial 63 liability portion of the employer contribution which would be 64 required for members of the Florida Retirement System. 65 f. This subparagraph regarding reemployment after 66 retirement applies to DROP participants effective upon 67 termination from employment and the end of DROP participation. 68 69 ================= T I T L E A M E N D M E N T ================ 70 And the title is amended as follows: 71 Delete lines 13 - 23 72 and insert: 73 121.091, F.S.; revising and clarifying provisions 74 relating to retirement benefits; providing that 75 persons employed by an employer participating in the 76 state-retirement system after a certain date may not 77 receive retirement benefits and a salary or wages; 78 providing an exception; deleting a restriction on the 79 reemployment of certain personnel by the Florida 80 School for the Deaf and the Blind; authorizing 81 developmental research school and charter schools to 82 reemploy certain retirees under specified conditions; 83 extending the period of time that instructional 84 personnel employed by a developmental research school 85 may participate in the Deferred Retirement Option 86 Program (DROP); providing applicability; clarifying 87 that DROP participation