Florida Senate - 2013                        COMMITTEE AMENDMENT
       Bill No. CS for SB 1392
       
       
       
       
       
       
                                Barcode 104692                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                 Comm: UNFAV           .                                
                  03/28/2013           .                                
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       The Committee on Appropriations (Sobel) recommended the
       following:
       
    1         Senate Amendment to Amendment (726700) 
    2  
    3         Delete lines 686 - 697
    4  and insert:
    5  the 11th 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 11 months following the month of