Florida Senate - 2011 COMMITTEE AMENDMENT Bill No. CS for SB 1128 Barcode 263354 LEGISLATIVE ACTION Senate . House Comm: RCS . 04/15/2011 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Budget (Richter) recommended the following: 1 Senate Amendment to Amendment (138858) (with title 2 amendment) 3 4 Between lines 236 and 237 5 insert: 6 Section 6. Paragraph (b) of subsection (1) of section 7 175.061, Florida Statutes, is amended to read: 8 175.061 Board of trustees; members; terms of office; 9 meetings; legal entity; costs; attorney’s fees.—For any 10 municipality, special fire control district, chapter plan, local 11 law municipality, local law special fire control district, or 12 local law plan under this chapter: 13 (1) In each municipality and in each special fire control 14 district there is hereby created a board of trustees of the 15 firefighters’ pension trust fund, which shall be solely 16 responsible for administering the trust fund. Effective October 17 1, 1986, and thereafter: 18 (b) The membership of boards of trustees for local law 19 plans shall be as follows: 20 1. If a municipality or special fire control district has a 21 pension plan for firefighters only, the provisions of paragraph 22 (a)shallapply. 23 2. If a municipality has a pension plan for firefighters 24 and police officers, the provisions of paragraph (a)shall25 apply, except that one member of the board mustshallbe a 26 firefighteras defined in s.175.032and one member of the board 27 mustshallbe a police officer as defined in s. 185.02, 28 respectively elected by a majority of the active firefighters or 29 police officers who are members of the plan. 30 3. AAnyboard of trustees operating a local law plan on 31 July 1, 1999, which is combined with a plan for general 32 employees shall hold an election of the firefighters, or 33 firefighters and police officers, if included, to determine 34 whether a plan is to be established for firefighters only, or 35 for firefighters and police officers where included. Based on 36 the election results, a new board shall be established as 37 provided in subparagraph 1. or subparagraph 2., as appropriate. 38 The municipality or fire control district shall enact an 39 ordinance or resolution to implement the new board by October 1, 40 1999. The newly established board shall take whatever action is 41 necessary to determine the amount of assetswhich is42 attributable to firefighters, or firefighters and police 43 officers where included. Such assetsshallinclude all employer, 44 employee, and state contributions made by or on behalf of 45 firefighters, or firefighters and police officers where 46 included, and any investment income derived from such 47 contributions. All such moneys shall be transferred into the 48 newly established retirement plan, as directed by the board. 49 50 With respect to aanyboard of trustees operating a local law 51 plan on June 30, 1986,nothing inthis paragraph does notshall52 permit the reduction of the membership percentage of 53 firefighters, or of firefighters and police officers where a 54 joint or mixed fund exists. However, for the sole purpose of 55 changing municipal representation, a municipality may, by 56 ordinance, change the municipal representation on the board of 57 trustees operating a local law plan by ordinance, only if such 58 change does not reduce the membership percentage of 59 firefighters, or firefighters and police officers. 60 61 Between lines 401 and 402 62 insert: 63 Section 8. Paragraph (b) of subsection (1) of section 64 185.05, Florida Statutes, is amended to read: 65 185.05 Board of trustees; members; terms of office; 66 meetings; legal entity; costs; attorney’s fees.—For any 67 municipality, chapter plan, local law municipality, or local law 68 plan under this chapter: 69 (1) In each municipality described in s. 185.03 there is 70 hereby created a board of trustees of the municipal police 71 officers’ retirement trust fund, which shall be solely 72 responsible for administering the trust fund. Effective October 73 1, 1986, and thereafter: 74 (b) The membership of boards of trustees for local law 75 plans isshall beas follows: 76 1. If a municipality has a pension plan for police officers 77 only, the provisions of paragraph (a) shall apply. 78 2. If a municipality has a pension plan for police officers 79 and firefighters, the provisions of paragraph (a)shallapply, 80 except that one member of the board shall be a police officeras81defined in s.185.02and one member shall be a firefighter as 82 defined in s. 175.032, respectively, elected by a majority of 83 the active firefighters and police officers who are members of 84 the plan. 85 3. Any board of trustees operating a local law plan on July 86 1, 1999, which is combined with a plan for general employees 87 shall hold an election of the police officers, or police 88 officers and firefighters if included, to determine whether a 89 plan is to be established for police officers only, or for 90 police officers and firefighters where included. Based on the 91 election results, a new board shall be established as provided 92 in subparagraph 1. or subparagraph 2., as appropriate. The 93 municipality shall enact an ordinance to implement the new board 94 by October 1, 1999. The newly established board shall take 95 whatever action is necessary to determine the amount of assets 96 which is attributable to police officers, or police officers and 97 firefighters where included. Such assets shall include all 98 employer, employee, and state contributions made by or on behalf 99 of police officers, or police officers and firefighters where 100 included, and any investment income derived from such 101 contributions. All such moneys shall be transferred into the 102 newly established retirement plan, as directed by the board. 103 104 With respect to any board of trustees operating a local law plan 105 on June 30, 1986,nothing inthis paragraph does notshall106 permit the reduction of the membership percentage of police 107 officers or police officers and firefighters. However, for the 108 sole purpose of changing municipal representation, a 109 municipality may, by ordinance, change the municipal 110 representation on the board of trustees operating a local law 111 plan by ordinance, only if such change does not reduce the 112 membership percentage of police officers, or police officers and 113 firefighters. 114 115 ================= T I T L E A M E N D M E N T ================ 116 And the title is amended as follows: 117 Delete lines 660 - 668 118 and insert: 119 purposes of firefighters’ pensions; amending s. 120 175.061, F.S.; authorizing a municipality to change 121 the municipality’s membership on the board of trustees 122 operating its firefighters’ pension plan under certain 123 circumstances; amending s. 175.351, F.S.; revising 124 provisions relating to benefits paid from the premium 125 tax by a municipality or special fire control district 126 that has its own pension plan; providing for funding a 127 plan’s actuarial accrued liability; conforming a 128 cross-reference; amending s. 185.02, F.S.; revising 129 the definition of the terms “compensation” and 130 “salary” for purposes of police officers’ pensions; 131 amending s. 185.05, F.S.; authorizing a municipality 132 to change the municipality’s membership on the board 133 of trustees operating its police officers’ pension 134 plan under certain circumstances; amending s. 185.35, 135 F.S.;