Florida Senate - 2011                        COMMITTEE AMENDMENT
       Bill No. SB 1130
       
       
       
       
       
       
                                Barcode 791024                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                   Comm: WD            .                                
                  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.—Prior to July 1, 2011, a member
    7  of the Elected Officers’ Class who is a Supreme Court justice,
    8  district court of appeal judge, circuit judge, or county court
    9  judge shall receive judicial retirement credit of 3 1/3 percent
   10  of average final compensation, and all other members shall
   11  receive elected officer retirement credit of 3 percent of
   12  average final compensation, for each year of creditable service
   13  in such class. Effective July 1, 2011, all members of such class
   14  shall receive a retirement credit of 1.6 percent of average
   15  compensation.
   16  
   17  ====== D I R E C T O R Y  C L A U S E  A M E N D M E N T ======
   18         And the directory clause is amended as follows:
   19         Delete lines 700 - 701
   20  and insert:
   21  paragraph (c) is added to that subsection, and subsections (8)
   22  and (10) of that section are amended, to read:
   23  
   24  ================= T I T L E  A M E N D M E N T ================
   25         And the title is amended as follows:
   26         After line 4374
   27  insert:
   28         revising the amount of the judicial retirement credit
   29         based on average final compensation;