Florida Senate - 2018 COMMITTEE AMENDMENT Bill No. SB 1240 Ì495220sÎ495220 LEGISLATIVE ACTION Senate . House . . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— 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.