Florida Senate - 2011                        COMMITTEE AMENDMENT
       Bill No. SB 1128
       
       
       
       
       
       
                                Barcode 338756                          
       
                              LEGISLATIVE ACTION                        
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       The Committee on Governmental Oversight and Accountability
       (Latvala) recommended the following:
       
    1         Senate Amendment to Amendment (762940) (with title
    2  amendment)
    3  
    4         Delete lines 5 - 41
    5  and insert:
    6         Section 1. Subsections (11) through (15) are added to
    7  section 112.66, Florida Statutes, to read:
    8         112.66 General provisions.—The following general provisions
    9  relating to the operation and administration of any retirement
   10  system or plan covered by this part shall be applicable:
   11         (11) Effective July 1, 2011, for purposes of calculating
   12  retirement benefits, a pension system or plan sponsored by a
   13  local government may not include any overtime, unused leave, or
   14  any other form of compensation beyond base hourly or annual
   15  salary in calculating a member’s compensation or salary. For
   16  those members whose terms and conditions of employment are
   17  collectively bargained, this subsection is effective for the
   18  first agreement negotiated on or after July 1, 2011.
   19         (12) An actuarial or cash surplus in any system or plan may
   20  not be used for any expenses outside the plan.
   21         (13) A plan or system may not temporarily reduce
   22  contributions required to fund normal cost.
   23         (14) For each member hired on or after July 1, 2011, the
   24  local government shall provide a disability retirement benefit
   25  that meets the following minimum standards:
   26         (a) A member who becomes totally and permanently disabled,
   27  as defined in s. 121.091(4)(b), after completing a specified
   28  amount of service as determined by the local government, is
   29  entitled to a monthly disability benefit.
   30         (b) The local government must specify what constitutes
   31  permanent and total disability, how to determine proof of
   32  disability, provisions related to recovery from disability, and
   33  other necessary components of a disability retirement program.
   34         (15) For each member who is a firefighter, police officer,
   35  
   36  ================= T I T L E  A M E N D M E N T ================
   37         And the title is amended as follows:
   38         Delete lines 495 - 497
   39  and insert:
   40         s. 112.66, F.S.;