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3 | 3 | | HB 613 2023 |
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9 | 9 | | Page 1 of 7 |
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10 | 10 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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13 | 13 | | |
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14 | 14 | | A bill to be entitled 1 |
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15 | 15 | | An act relating to Deferred Retirement Option Program 2 |
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16 | 16 | | for correctional officers; amending s. 121.091, F.S.; 3 |
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17 | 17 | | authorizing certain members to participate in the 4 |
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18 | 18 | | Deferred Retirement Option Program for an additional 5 |
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19 | 19 | | time period; providing a declaration of important 6 |
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20 | 20 | | state interest; providing an effective date. 7 |
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21 | 21 | | 8 |
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22 | 22 | | Be It Enacted by the Legislature of the State of Florida: 9 |
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23 | 23 | | 10 |
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24 | 24 | | Section 1. Paragraph (b) of subsection ( 13) of section 11 |
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25 | 25 | | 121.091, Florida Statutes, is amended to read: 12 |
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26 | 26 | | 121.091 Benefits payable under the system. —Benefits may 13 |
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27 | 27 | | not be paid under this section unless the member has terminated 14 |
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28 | 28 | | employment as provided in s. 121.021(39)(a) or begun 15 |
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29 | 29 | | participation in the Deferred Retirement Option Program as 16 |
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30 | 30 | | provided in subsection (13), and a proper application has been 17 |
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31 | 31 | | filed in the manner prescribed by the department. The department 18 |
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32 | 32 | | may cancel an application for retirement benefits when the 19 |
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33 | 33 | | member or beneficiary fails t o timely provide the information 20 |
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34 | 34 | | and documents required by this chapter and the department's 21 |
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35 | 35 | | rules. The department shall adopt rules establishing procedures 22 |
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36 | 36 | | for application for retirement benefits and for the cancellation 23 |
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37 | 37 | | of such application when the requi red information or documents 24 |
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38 | 38 | | are not received. 25 |
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39 | 39 | | |
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40 | 40 | | HB 613 2023 |
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46 | 46 | | Page 2 of 7 |
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47 | 47 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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51 | 51 | | (13) DEFERRED RETIREMENT OPTION PROGRAM. —In general, and 26 |
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52 | 52 | | subject to this section, the Deferred Retirement Option Program, 27 |
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53 | 53 | | hereinafter referred to as DROP, is a program under which an 28 |
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54 | 54 | | eligible member of the F lorida Retirement System may elect to 29 |
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55 | 55 | | participate, deferring receipt of retirement benefits while 30 |
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56 | 56 | | continuing employment with his or her Florida Retirement System 31 |
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57 | 57 | | employer. The deferred monthly benefits shall accrue in the 32 |
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58 | 58 | | Florida Retirement System on behal f of the member, plus interest 33 |
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59 | 59 | | compounded monthly, for the specified period of the DROP 34 |
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60 | 60 | | participation, as provided in paragraph (c). Upon termination of 35 |
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61 | 61 | | employment, the member shall receive the total DROP benefits and 36 |
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62 | 62 | | begin to receive the previously determ ined normal retirement 37 |
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63 | 63 | | benefits. Participation in the DROP does not guarantee 38 |
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64 | 64 | | employment for the specified period of DROP. Participation in 39 |
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65 | 65 | | DROP by an eligible member beyond the initial 60 -month period as 40 |
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66 | 66 | | authorized in this subsection shall be on an annual contractual 41 |
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67 | 67 | | basis for all participants. 42 |
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68 | 68 | | (b) Participation in DROP. —Except as provided in this 43 |
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69 | 69 | | paragraph, an eligible member may elect to participate in DROP 44 |
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70 | 70 | | for a period not to exceed a maximum of 60 calendar months. 45 |
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71 | 71 | | 1.a. Members who are instructional personnel employed by 46 |
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72 | 72 | | the Florida School for the Deaf and the Blind and authorized by 47 |
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73 | 73 | | the Board of Trustees of the Florida School for the Deaf and the 48 |
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74 | 74 | | Blind, who are instructional personnel as defined in s. 49 |
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75 | 75 | | 1012.01(2)(a)-(d) in grades K-12 and authorized by the district 50 |
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84 | 84 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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88 | 88 | | school superintendent, or who are instructional personnel as 51 |
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89 | 89 | | defined in s. 1012.01(2)(a) employed by a developmental research 52 |
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90 | 90 | | school and authorized by the school's director, or if the school 53 |
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91 | 91 | | has no director, by the school's principal, may p articipate in 54 |
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92 | 92 | | DROP for up to 36 calendar months beyond the 60 -month period. 55 |
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93 | 93 | | Effective July 1, 2018, instructional personnel who are 56 |
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94 | 94 | | authorized to extend DROP participation beyond the 60 -month 57 |
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95 | 95 | | period must have a termination date that is the last day of the 58 |
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96 | 96 | | last calendar month of the school year within the DROP extension 59 |
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97 | 97 | | granted by the employer. If, on July 1, 2018, the member's DROP 60 |
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98 | 98 | | participation has already been extended for the maximum 36 61 |
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99 | 99 | | calendar months and the extension period concludes before the 62 |
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100 | 100 | | end of the school year, the member's DROP participation may be 63 |
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101 | 101 | | extended through the last day of the last calendar month of that 64 |
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102 | 102 | | school year. The employer shall notify the division of the 65 |
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103 | 103 | | change in termination date and the additional period of DROP 66 |
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104 | 104 | | participation for the affected instructional personnel. 67 |
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105 | 105 | | b. Administrative personnel in grades K -12, as defined in 68 |
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106 | 106 | | s. 1012.01(3), who have a DROP termination date on or after July 69 |
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107 | 107 | | 1, 2018, may be authorized to extend DROP participation beyond 70 |
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108 | 108 | | the initial 60 calendar mo nth period if the administrative 71 |
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109 | 109 | | personnel's termination date is before the end of the school 72 |
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110 | 110 | | year. Such administrative personnel may have DROP participation 73 |
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111 | 111 | | extended until the last day of the last calendar month of the 74 |
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112 | 112 | | school year in which their original DROP termination date 75 |
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121 | 121 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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125 | 125 | | occurred if a date other than the last day of the last calendar 76 |
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126 | 126 | | month of the school year is designated. The employer shall 77 |
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127 | 127 | | notify the division of the change in termination date and the 78 |
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128 | 128 | | additional period of DROP participation for the a ffected 79 |
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129 | 129 | | administrative personnel. 80 |
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130 | 130 | | c. Effective July 1, 2022, a member of the Special Risk 81 |
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131 | 131 | | Class who is a law enforcement officer who meets the criteria in 82 |
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132 | 132 | | s. 121.0515(3)(a) and who is a DROP participant on or after July 83 |
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133 | 133 | | 1, 2022, may participate in DROP f or up to 36 calendar months 84 |
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134 | 134 | | beyond the 60-month period if he or she enters DROP on or before 85 |
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135 | 135 | | June 30, 2028. 86 |
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136 | 136 | | d. Effective July 1, 2023, a member of the Special Risk 87 |
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137 | 137 | | Class who is a correctional officer who meets the criteria in s. 88 |
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138 | 138 | | 121.0515(3)(c) and who is a DROP participant on or after July 1, 89 |
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139 | 139 | | 2023, may participate in DROP for up to 36 calendar months 90 |
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140 | 140 | | beyond the 60-month period if he or she enters DROP on or before 91 |
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141 | 141 | | June 30, 2028. 92 |
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142 | 142 | | 2. Upon deciding to participate in DROP, the member shall 93 |
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143 | 143 | | submit, on forms required by the division: 94 |
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144 | 144 | | a. A written election to participate in DROP; 95 |
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145 | 145 | | b. Selection of DROP participation and termination dates 96 |
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146 | 146 | | that satisfy the limitations stated in paragraph (a) and 97 |
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147 | 147 | | subparagraph 1. The termination date must be in a binding letter 98 |
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148 | 148 | | of resignation to the employer establishing a deferred 99 |
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149 | 149 | | termination date. The member may change the termination date 100 |
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158 | 158 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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162 | 162 | | within the limitations of subparagraph 1., but only with the 101 |
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163 | 163 | | written approval of the employer; 102 |
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164 | 164 | | c. A properly completed DROP application for service 103 |
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165 | 165 | | retirement as provided in this section; and 104 |
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166 | 166 | | d. Any other information required by the division. 105 |
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167 | 167 | | 3. The DROP participant is a retiree under the Florida 106 |
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168 | 168 | | Retirement System for all purposes, except for paragraph (5)(f) 107 |
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169 | 169 | | and subsection (9) and ss. 112.3173, 112.363, 121.053, and 108 |
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170 | 170 | | 121.122. DROP participation is final and may not be canceled by 109 |
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171 | 171 | | the participant after the first payment is credited during the 110 |
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172 | 172 | | DROP participation period. However, participation in DROP does 111 |
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173 | 173 | | not alter the participant's employ ment status, and the member is 112 |
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174 | 174 | | not deemed retired from employment until his or her deferred 113 |
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175 | 175 | | resignation is effective and termination occurs as defined in s. 114 |
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176 | 176 | | 121.021. 115 |
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177 | 177 | | 4. Elected officers are eligible to participate in DROP 116 |
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178 | 178 | | subject to the following: 117 |
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179 | 179 | | a. An elected officer who reaches normal retirement date 118 |
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180 | 180 | | during a term of office may defer the election to participate 119 |
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181 | 181 | | until the next succeeding term in that office. An elected 120 |
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182 | 182 | | officer who exercises this option may participate in DROP for up 121 |
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183 | 183 | | to 60 calendar months or no longer than the succeeding term of 122 |
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184 | 184 | | office, whichever is less. 123 |
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185 | 185 | | b. An elected or a nonelected participant may run for a 124 |
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186 | 186 | | term of office while participating in DROP and, if elected, 125 |
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195 | 195 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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199 | 199 | | extend the DROP termination date accordingly; however, if such 126 |
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200 | 200 | | additional term of office exceeds the 60 -month limitation 127 |
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201 | 201 | | established in subparagraph 1., and the officer does not resign 128 |
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202 | 202 | | from office within such 60 -month limitation, the retirement and 129 |
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203 | 203 | | the participant's DROP is null and void as provided in sub -130 |
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204 | 204 | | subparagraph (c)5.d. 131 |
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205 | 205 | | c. An elected officer who is dually employed and elects to 132 |
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206 | 206 | | participate in DROP must terminate all employment relationships 133 |
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207 | 207 | | as provided in s. 121.021(39) for the nonelected position within 134 |
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208 | 208 | | the original 60-month period or maximum participation perio d as 135 |
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209 | 209 | | provided in subparagraph 1. For DROP participation ending: 136 |
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210 | 210 | | (I) Before July 1, 2010, the officer may continue 137 |
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211 | 211 | | employment as an elected officer as provided in s. 121.053. The 138 |
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212 | 212 | | elected officer shall be enrolled as a renewed member in the 139 |
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213 | 213 | | Elected Officers' Class or the Regular Class, as provided in ss. 140 |
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214 | 214 | | 121.053 and 121.122, on the first day of the month after 141 |
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215 | 215 | | termination of employment in the nonelected position and 142 |
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216 | 216 | | termination of DROP. Distribution of the DROP benefits shall be 143 |
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217 | 217 | | made as provided in paragrap h (c). 144 |
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218 | 218 | | (II) On or after July 1, 2010, the officer may continue 145 |
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219 | 219 | | employment as an elected officer but must defer termination as 146 |
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220 | 220 | | provided in s. 121.053. 147 |
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221 | 221 | | Section 2. The Legislature finds that a proper and 148 |
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222 | 222 | | legitimate state purpose is served when employees , officers, and 149 |
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223 | 223 | | retirees of the state and its political subdivisions, and the 150 |
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232 | 232 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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236 | 236 | | dependents, survivors, and beneficiaries of such employees, 151 |
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237 | 237 | | officers, and retirees, are extended the basic protections 152 |
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238 | 238 | | afforded by governmental retirement systems. These persons must 153 |
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239 | 239 | | be provided benefits that are fair and adequate and that are 154 |
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240 | 240 | | managed, administered, and funded in an actuarially sound manner 155 |
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241 | 241 | | as required by s. 14, Article X of the State Constitution and 156 |
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242 | 242 | | part VII of chapter 112, Florida Statutes. Therefore, the 157 |
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243 | 243 | | Legislature determines and declares that this act fulfills an 158 |
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244 | 244 | | important state interest. 159 |
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245 | 245 | | Section 3. This act shall take effect July 1, 2023. 160 |
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