121.735 – Allocations for member line-of-duty death benefits; percentage amounts.
121.735 Allocations for member line-of-duty death benefits; percentage amounts.— (1) The allocations established in subsection (3) shall be used to provide line-of-duty death benefit coverage for members in the investment plan and shall be transferred monthly by the division from the Florida Retirement System Contributions Clearing Trust Fund to the survivor benefit account of the Florida Retirement […]
121.30 – Statements of purpose and intent and other provisions required for qualification under the Internal Revenue Code of the United States.
121.30 Statements of purpose and intent and other provisions required for qualification under the Internal Revenue Code of the United States.—Any other provisions in this chapter to the contrary notwithstanding, it is specifically provided that: (1) The purpose of this chapter is to provide pension benefits for the exclusive benefit of the member employees or their beneficiaries. […]
121.74 – Administrative and educational expenses.
121.74 Administrative and educational expenses.—In addition to contributions required to fund member accounts under s. 121.71, effective July 1, 2010, through June 30, 2014, employers participating in the Florida Retirement System shall contribute an employer assessment amount equal to 0.03 percent of the payroll reported for each class or subclass of Florida Retirement System membership. Effective […]
121.35 – Optional retirement program for the State University System.
121.35 Optional retirement program for the State University System.— (1) OPTIONAL RETIREMENT PROGRAM ESTABLISHED.—The Department of Management Services shall establish an optional retirement program under which contracts providing retirement and death benefits may be purchased for eligible members of the State University System who elect to participate in the program. The benefits to be provided for or […]
121.75 – Allocation for pension plan.
121.75 Allocation for pension plan.—After making the transfers required pursuant to ss. 121.71, 121.72, 121.73, 121.735, and 121.74, the monthly balance of funds in the Florida Retirement System Contributions Clearing Trust Fund shall be transferred to the Florida Retirement System Trust Fund to pay the costs of providing pension plan benefits and plan administrative costs under […]
121.355 – Community College Optional Retirement Program and State University System Optional Retirement Program member transfer.
121.355 Community College Optional Retirement Program and State University System Optional Retirement Program member transfer.—Effective January 1, 2009, through December 31, 2009, an employee who is a former member of the Community College Optional Retirement Program or the State University System Optional Retirement Program and present mandatory member of the Florida Retirement System Pension Plan may […]
121.76 – Contributions for social security and for retiree health insurance subsidy.
121.76 Contributions for social security and for retiree health insurance subsidy.—Contributions required under this part shall be made or deducted, as may be appropriate, for each pay period and are in addition to employer and member contributions required for social security and the Retiree Health Insurance Subsidy Trust Fund as provided under parts I and II […]
121.40 – Cooperative extension personnel at the Institute of Food and Agricultural Sciences; supplemental retirement benefits.
121.40 Cooperative extension personnel at the Institute of Food and Agricultural Sciences; supplemental retirement benefits.— (1) SHORT TITLE.—This section shall be known and may be cited as the “Institute of Food and Agricultural Sciences Supplemental Retirement Act.” (2) PURPOSE.—The purpose of this act is to provide a supplement to the monthly retirement benefits being paid under the federal […]
121.4501 – Florida Retirement System Investment Plan.
121.4501 Florida Retirement System Investment Plan.— (1) The Trustees of the State Board of Administration shall establish a defined contribution program called the “Florida Retirement System Investment Plan” or “investment plan” for members of the Florida Retirement System under which retirement benefits will be provided for eligible employees who elect to participate in the program. The retirement […]
121.4502 – Florida Retirement System Investment Plan Trust Fund.
121.4502 Florida Retirement System Investment Plan Trust Fund.— (1) The Florida Retirement System Investment Plan Trust Fund is created to hold the assets of the Florida Retirement System Investment Plan in trust for the exclusive benefit of the plan’s members and beneficiaries, and for the payment of reasonable administrative expenses of the plan, in accordance with s. […]