Florida Senate - 2013                          SENATOR AMENDMENT
       Bill No. CS for CS for SB 1392
       
       
       
       
       
       
                                Barcode 650154                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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                 Floor: WD/2R          .                                
             04/30/2013 01:42 PM       .                                
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       Senator Simpson moved the following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 736 - 747
    4  and insert:
    5  the 7th month following the employee’s month of hire, elect to
    6  participate in the pension plan or the investment plan. Eligible
    7  employees may make a plan election only if they are earning
    8  service credit in an employer-employee relationship consistent
    9  with s. 121.021(17)(b), excluding leaves of absence without pay.
   10         2. The employee’s election must be made in writing or by
   11  electronic means and must be filed with the third-party
   12  administrator. The election to participate in the pension plan
   13  or investment plan is irrevocable, except as provided in
   14  paragraph (f).
   15         3. If the employee fails to make an election of the pension
   16  plan or investment plan within 7 months following the month of