112.351 – Short title.

112.351 Short title.—This act shall be known and cited as the “Florida Supplemental Retirement Act for Retired Members of State Retirement Systems.” History.—s. 1, ch. 67-276.

112.352 – Definitions.

112.352 Definitions.—The following words and phrases as used in this act shall have the following meaning unless a different meaning is required by the context: (1) “Funds” shall mean the special trust funds in the State Treasury created under each of the retirement laws covered by this act. (2) “Retired member” shall mean any person who had both […]

112.353 – Purpose of act.

112.353 Purpose of act.—The purpose of this act is to provide a supplement to the monthly retirement benefits being paid to, or with respect to, retired members under the retirement systems specified in s. 112.352(2) and any permanently and totally disabled retired member who became thus disabled in the line of duty and while performing the […]

112.354 – Eligibility for supplement.

112.354 Eligibility for supplement.—Each retired member or, if applicable, a joint annuitant, except any person receiving survivor benefits under the teachers’ retirement system of the state in accordance with s. 238.07(18), shall be entitled to receive a supplement computed in accordance with s. 112.355 upon: (1) Furnishing to the Department of Management Services evidence from the Social […]

112.355 – Supplement amount.

112.355 Supplement amount.— (1) The supplement amount shall be calculated in the following manner, based on the retired member’s social security benefit and the table of values below: TABLE OF VALUES Base Year I II III IV Prior to 1951 $57.00 $34.00 $58.00 $102.00 1951-1952 33.00 24.00 69.00 113.00 1953-1954 28.00 19.00 69.00 113.00 1955-1958 16.00 14.00 […]

112.356 – Payment of supplement.

112.356 Payment of supplement.—Any supplement due and payable under this act shall be paid by the department or under the direction and control of the department, based on information furnished by the retired member, or a joint annuitant, and the administrator of the system under which retirement benefits are being paid, beginning on the first day […]

112.357 – Appropriation.

112.357 Appropriation.—There is hereby appropriated annually from the respective retirement trust fund from which the retired member is receiving his or her normal retirement benefit, an amount necessary to provide the benefits hereunder, and the amount necessary for the effective and efficient administration of this act. History.—s. 7, ch. 67-276; s. 709, ch. 95-147.

112.359 – Benefits exempt from taxes and execution.

112.359 Benefits exempt from taxes and execution.—The benefits provided for any person under the provisions of this act are exempt from any state, county or municipal tax of the state and shall not be subject to assignment, execution or attachment or to any legal process whatsoever. History.—s. 9, ch. 67-276.

112.360 – Amendments.

112.360 Amendments.—References in this act to state and federal laws are intended to include such laws as they now exist or may hereafter be amended. History.—s. 10, ch. 67-276.

112.361 – Additional and updated supplemental retirement benefits.

112.361 Additional and updated supplemental retirement benefits.— (1) SHORT TITLE.—This section shall be known and cited as “The 1969 Florida Supplemental Retirement Act.” (2) DEFINITIONS.—As used in this section, unless a different meaning is required by the context: (a) “Funds” means the special trust funds in the State Treasury created under each of the retirement laws covered by this […]

112.362 – Recomputation of retirement benefits.

112.362 Recomputation of retirement benefits.— (1)(a) A member of any state-supported retirement system who retired prior to July 1, 1987, who has not less than 10 years of creditable service, and who is not entitled to the minimum benefit provided for in paragraph (b), upon reaching 65 years of age and upon application to the administrator of […]

112.363 – Retiree health insurance subsidy.

112.363 Retiree health insurance subsidy.— (1) PURPOSE OF SECTION.—The purpose of this section is to provide a monthly subsidy payment to retired members of any state-administered retirement system in order to assist such retired members in paying the costs of health insurance. (2) ELIGIBILITY FOR RETIREE HEALTH INSURANCE SUBSIDY.— (a) A person who is retired under a state-administered retirement […]