Florida Senate - 2014                          SENATOR AMENDMENT
       Bill No. CS for CS for SB 1114
       
       
       
       
       
       
                                Ì364164*Î364164                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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                Floor: 3/AD/2R         .                                
             04/30/2014 11:33 AM       .                                
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       Senator Simpson moved the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 1557 and 1558
    4  insert:
    5         Section 14. The Department of Management Services shall
    6  commission a special actuarial study to determine the costs of
    7  providing a new death benefit through the pension plan for
    8  members of the Florida Retirement System Investment Plan who are
    9  killed in the line of duty. The study must examine the costs
   10  associated with offering a death benefit that allows the
   11  surviving spouse or surviving dependent children of an
   12  investment plan member killed in the line of duty to elect the
   13  death benefit provided under s. 121.091(7)(d), Florida Statutes,
   14  after transferring the value of the member’s investment account
   15  to the pension plan, in lieu of the current death benefit
   16  provided under the investment plan. The Department of Management
   17  Services shall consult with the Legislature about the
   18  alternatives to be considered and the level of detail to be
   19  included in the special study results. The results of such study
   20  shall be provided to the Governor, the President of the Senate,
   21  and the Speaker of the House of Representatives by March 1,
   22  2015.
   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         Delete line 102
   27  and insert:
   28         contributions; requiring the Department of Management
   29         Services to conduct an actuarial study to determine
   30         the costs of providing a new death benefit through the
   31         pension plan for the families of members of the
   32         investment plan killed in the line of duty and provide
   33         the results of the study to the Governor and the
   34         Legislature by a certain date; providing that the act
   35         fulfills an