Florida Senate - 2011                        COMMITTEE AMENDMENT
       Bill No. SB 1130
       
       
       
       
       
       
                                Barcode 670196                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                 Comm: UNFAV           .                                
                  03/10/2011           .                                
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       The Committee on Governmental Oversight and Accountability
       (Fasano) recommended the following:
       
    1         Senate Amendment to Amendment (200064) (with directory and
    2  title amendments)
    3  
    4         Between lines 788 and 789
    5  insert:
    6         (10) ACCRUED SERVICE VALUE.—For service earned before July
    7  1, 2011, a member of the Elected Officers’ Class who is a
    8  Supreme Court justice, district court of appeal judge, circuit
    9  judge, or county court judge shall receive judicial retirement
   10  credit of 3 1/3 percent of average final compensation, and all
   11  other members shall receive elected officer retirement credit of
   12  3 percent of average final compensation, for each year of
   13  creditable service in such class. For service earned on or after
   14  July 1, 2011, all members of such class shall receive the
   15  accrual value specified in s. 121.091(1)(a)1. for each year of
   16  credible service.
   17  
   18  ====== D I R E C T O R Y  C L A U S E  A M E N D M E N T ======
   19         And the directory clause is amended as follows:
   20         Delete lines 700 - 701
   21  and insert:
   22  paragraph (c) is added to that subsection, and subsections (8)
   23  and (10) of that section are amended, to read:
   24  
   25  ================= T I T L E  A M E N D M E N T ================
   26         And the title is amended as follows:
   27         After line 4374
   28  insert:
   29         revising the amount of the judicial retirement credit
   30         based on average final compensation;