122.15 – Benefits Exempt From Taxes and Execution.
122.15 Benefits exempt from taxes and execution.— (1) The pensions, annuities, or any other benefits accrued or accruing to any person under the provisions of this chapter and the accumulated contributions and the cash securities in the funds created under this chapter are hereby exempted from any state, county or municipal tax of the state and shall […]
121.78 – Payment and distribution of contributions.
121.78 Payment and distribution of contributions.— (1) Contributions made pursuant to this part shall be paid by the employer, including the employee contribution, to the Division of Retirement by electronic funds transfer no later than the 5th working day of the month immediately following the month during which the payroll period ended. Accompanying payroll data must be […]
122.16 – Employment After Retirement.
122.16 Employment after retirement.— (1) Any person who is retired under this chapter, except under the disability retirement provisions of ss. 122.09 and 122.34, may be employed by an employer that does not participate in a state-administered retirement system and may receive compensation from such employment without limiting or restricting in any way the retirement benefits payable […]
122.01 – State and County Officers and Employees’ Retirement System; Consolidation; Divisions.
122.01 State and County Officers and Employees’ Retirement System; consolidation; divisions.— (1) Former chapter 121, the State Officers and Employees’ Compulsory Retirement System, and former chapter 134, the County Officers and Employees’ Compulsory Retirement System, are hereby consolidated and shall be known as the “State and County Officers and Employees’ Retirement System.” (2) Any person who is employed […]
122.18 – Certain Officers and Employees Not Covered.
122.18 Certain officers and employees not covered.—This chapter shall not apply to justices of the Supreme Court or judges of the circuit court who are members of another state retirement system applicable to Supreme Court judges or circuit judges, nor shall it apply to members of the Teachers’ Retirement System or members of the Department of […]
121.4503 – Florida Retirement System Contributions Clearing Trust Fund.
121.4503 Florida Retirement System Contributions Clearing Trust Fund.— (1) The Florida Retirement System Contributions Clearing Trust Fund is created as a clearing fund for disbursing employer and employee contributions to the component plans of the Florida Retirement System and shall be administered by the Department of Management Services. Funds shall be credited to the trust fund as […]
121.571 – Contributions.
121.571 Contributions.—Contributions to the Florida Retirement System Investment Plan shall be made as follows: (1) CONTRIBUTORY PLAN.—Each employer and employee shall submit contributions as required by s. 121.71. (2) CONTRIBUTION RATES GENERALLY.—Contributions to fund the retirement, disability, and line-of-duty death benefits provided under this part must be based on the uniform contribution rates established by s. 121.71 and […]
121.591 – Payment of benefits.
121.591 Payment of benefits.—Benefits may not be paid under the Florida Retirement System Investment Plan unless the member has terminated employment as provided in s. 121.021(39)(a) or is deceased and a proper application has been filed as prescribed by the state board or the department. Benefits, including employee contributions, are not payable under the investment plan […]
121.5911 – Disability retirement program; qualified status; rulemaking authority.
121.5911 Disability retirement program; qualified status; rulemaking authority.—It is the intent of the Legislature that the disability retirement program for members of the Florida Retirement System Investment Plan meet all applicable requirements of federal law for a qualified plan. The department shall seek a private letter ruling from the Internal Revenue Service on the disability retirement […]
121.5912 – Survivor benefit retirement program; qualified status; rulemaking authority.
121.5912 Survivor benefit retirement program; qualified status; rulemaking authority.—It is the intent of the Legislature that the survivor benefit retirement program for members of the Florida Retirement System Investment Plan meet all applicable requirements for a qualified plan. If the state board or the division receives notification from the Internal Revenue Service that this program or […]