Florida Senate - 2011 COMMITTEE AMENDMENT
Bill No. SB 1130
Barcode 562994
LEGISLATIVE ACTION
Senate . House
Comm: RCS .
03/10/2011 .
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The Committee on Governmental Oversight and Accountability
(Dean) recommended the following:
1 Senate Amendment to Amendment (200064) (with title
2 amendment)
3
4 Delete lines 3985 - 3997
5 and insert:
6 (3) Effective July 1, 2011, required employee retirement
7 contribution rates for all members for fiscal year 2011-2012
8 shall be 0 percent for gross compensation up to and including
9 $40,000, plus no more than 2 percent for gross compensation in
10 excess of $40,000 and up to and including $75,000, plus no more
11 than 4 percent for gross compensation that is greater than
12 $75,000.
13
14 ================= T I T L E A M E N D M E N T ================
15 And the title is amended as follows:
16 Delete lines 4496 - 4499
17 and insert:
18 directly; placing a cap based on the amount of gross
19 compensation on the amount of employee contributions;
20 specifying the required employer