Florida Senate - 2014                        COMMITTEE AMENDMENT
       Bill No. SPB 7108
       
       
       
       
       
       
                                Ì554386HÎ554386                         
       
                              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 lines 328 - 349
    4  and insert:
    5         3. Is a retired member of the investment plan, the State
    6  University System Optional Retirement Program, the Senior
    7  Management Service Optional Annuity Program, or the State
    8  Community College System Optional Retirement Program who retired
    9  before July 1, 2010 and is employed in a regularly established
   10  position on or after January 1, 2015, as provided in s. 121.122.
   11  
   12  The term does not include any member participating in the
   13  Deferred Retirement Option Program established under s.
   14  121.091(13), a retiree of a state-administered retirement system
   15  who retired initially reemployed in a regularly established
   16  position on or after July 1, 2010, or a mandatory participant of
   17  the State University System Optional Retirement Program
   18  established under s. 121.35.
   19         (4) PARTICIPATION; ENROLLMENT.—
   20         (f) A member of the investment plan who takes a
   21  distribution of any contributions from his or her investment
   22  plan account is considered a retiree. A member retiree who
   23  retires is initially reemployed in a regularly established
   24  position on or after July 1, 2010, is not eligible to be
   25  enrolled in renewed membership. A member who retired before July
   26  1, 2010, and is employed on or after January 1, 2015, in a
   27  regularly established position shall be a renewed member as
   28  provided in s. 121.122, except that a retiree who has returned
   29  to covered employment before July 1, 2010 may continue
   30  membership in the plan he or she chooses.
   31  
   32  ================= T I T L E  A M E N D M E N T ================
   33  And the title is amended as follows:
   34         Between lines 43 and 44
   35  insert:
   36         specifying that a retiree who has returned to covered
   37         employment before a specified date may continue
   38         membership in his or her selected retirement plan;