Florida Senate - 2015 SENATOR AMENDMENT
Bill No. CS for SB 7082
Ì971204vÎ971204
LEGISLATIVE ACTION
Senate . House
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Floor: WD/2R .
04/27/2015 01:45 PM .
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Senator Latvala moved the following:
1 Senate Substitute for Amendment (313680) (with title
2 amendment)
3
4 Between lines 122 and 123
5 insert:
6 Section 2. Subsection (1) of section 121.111, Florida
7 Statutes, is amended to read:
8 121.111 Credit for military service.—
9 (1) Creditable service of any member shall also include
10 military service as defined in s. 121.021(20)(a) if:
11 (a) The member is in the active employ of an employer
12 immediately prior to such service and leaves a position, other
13 than a temporary position, for the purpose of induction into the
14 Armed Forces of the United States or entry upon duty in the
15 Armed Forces of the United States. When applied to the Florida
16 Retirement System:
17 1. The term “position other than a temporary position”
18 means a regularly established position with a Florida Retirement
19 System employer; and
20 2. A member shall be construed to have left his or her
21 employment for military purposes if he or she reported for
22 active duty within 60 days after leaving such employment;
23 (b) The member is entitled to reemployment under the
24 provisions of the Veterans’ Reemployment Rights Act (38 U.S.C.
25 ss. 2021 et seq.);
26 (c) The member applies for reemployment with the same
27 employer within the time set forth in s. 2021 or s. 2024 of the
28 Veterans’ Reemployment Rights Act, whichever is applicable, and
29 is reemployed by such employer;
30 (d)1. For service credit earned before July 1, 2015, the
31 member makes the required employee contributions, if any, and
32 the employer makes the required employer contributions for the
33 employee’s membership class for each month of service credit
34 during such period of military service, based upon the
35 employee’s rate of monthly compensation as of the date that the
36 employee left his or her position, plus 4 percent interest on
37 such contributions compounded annually from the due date of the
38 contribution until July 1, 1975, and 6.5 percent interest
39 compounded annually thereafter, until the payment is made to the
40 proper retirement trust fund; and
41 2. For service credit earned on or after July 1, 2015, the
42 employer makes the required employer and employee contributions
43 for the employee’s membership class for each month of service
44 credit during such period of military service, based upon the
45 employee’s rate of monthly compensation as of the date that the
46 employee left his or her position, plus 6.5 percent interest on
47 such contributions compounded annually from the due date of the
48 contribution until the payment is made to the Florida Retirement
49 System Trust Fund; and
50 (e) The period of service claimed pursuant to this
51 subsection does not exceed the periods specified by the
52 provisions of ss. 2021 and 2024 of the Veterans’ Reemployment
53 Rights Act which are applicable in the member’s case.
54
55 ================= T I T L E A M E N D M E N T ================
56 And the title is amended as follows:
57 Delete lines 2 - 7
58 and insert:
59 An act relating to the Florida Retirement System;
60 amending s. 121.091, F.S.; authorizing payment of
61 death benefits to the surviving spouse or children of
62 a Special Risk Class member killed in the line of duty
63 under specified circumstances; specifying eligibility;
64 amending s. 121.111, F.S.; requiring an employer to
65 make employer and employee contributions toward credit
66 for military service for service credit earned on or
67 after a specified date; amending s.