Florida Senate - 2018                        COMMITTEE AMENDMENT
       Bill No. SB 1240
       
       
       
       
       
       
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                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  01/23/2018           .                                
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       The Committee on Governmental Oversight and Accountability
       (Mayfield) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete line 154
    4  and insert:
    5         Section 3. Effective upon becoming a law, paragraph (d) of
    6  subsection (1) of section 121.051, Florida Statutes, is amended,
    7  and paragraph (e) is added to that subsection, to read:
    8         121.051 Participation in the system.—
    9         (1) COMPULSORY PARTICIPATION.—
   10         (d) Beginning March 31, 2018, an employee of a dependent
   11  special district or a not-for-profit corporation or association
   12  created by the Board of County Commissioners of Escambia County
   13  for the purpose of owning, operating, or managing a public bus
   14  transit system, may elect to participate in the Florida
   15  Retirement System by notifying his or her employer in writing on
   16  or before August 31, 2018. Employees electing to participate
   17  within the election period shall become members of the Florida
   18  Retirement System, and the election is irrevocable. Such
   19  employees who are hired on or after March 31, 2018, shall be
   20  required to participate in the Florida Retirement System.
   21         (e) The following persons are not eligible to participate
   22  in the Florida Retirement System:
   23         1. Employees of a not-for-profit corporation or association
   24  created by the Board of County Commissioners of Palm Beach
   25  County for the purpose of owning, operating, or managing a
   26  public bus transit system formerly operated or managed by a
   27  private corporation subject to 49 U.S.C. s. 5333(b).
   28         2. Persons who perform services as a consultant or an
   29  independent contractor, as defined by the division.
   30         Section 4. Except as otherwise expressly provided in this
   31  act, this act shall take effect July 1, 2018.
   32  
   33  ================= T I T L E  A M E N D M E N T ================
   34  And the title is amended as follows:
   35         Delete lines 2 - 12
   36  and insert:
   37         An act relating to retirement; amending s. 121.091,
   38         F.S.; revising limitations on the maximum length of
   39         participation in the Deferred Retirement Option
   40         Program for certain instructional personnel and
   41         administrative personnel; requiring an employer to
   42         notify the Division of Retirement of the Department of
   43         Management Services regarding any change in
   44         termination date and program participation for each
   45         affected member; providing a statement of important
   46         state interest; amending s. 121.051, F.S.; authorizing
   47         certain employees to elect to participate in the
   48         Florida Retirement System during a specified period;
   49         requiring membership in the system under certain
   50         circumstances; providing effective dates.