Florida Senate - 2014 COMMITTEE AMENDMENT
Bill No. SPB 7108
Ì235326&Î235326
LEGISLATIVE ACTION
Senate . House
Comm: FAV .
03/20/2014 .
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(Ring) recommended the following:
1 Senate Amendment (with title amendment)
2
3 Delete line 239
4 and insert:
5 position with a covered employer on or after January 1, 2015.
6 The employer and employee contributions shall be transferred to
7 the investment plan and placed in a default fund as designated
8 by the state board. The retiree may move the contributions once
9 an account is activated in the investment plan.
10
11 ================= T I T L E A M E N D M E N T ================
12 And the title is amended as follows:
13 Between lines 23 and 24
14 insert:
15 providing for the administration of the employer and
16 employee contributions;