Florida 2023 Regular Session

Florida House Bill H0613 Compare Versions

Only one version of the bill is available at this time.
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1010 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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1414 A bill to be entitled 1
1515 An act relating to Deferred Retirement Option Program 2
1616 for correctional officers; amending s. 121.091, F.S.; 3
1717 authorizing certain members to participate in the 4
1818 Deferred Retirement Option Program for an additional 5
1919 time period; providing a declaration of important 6
2020 state interest; providing an effective date. 7
2121 8
2222 Be It Enacted by the Legislature of the State of Florida: 9
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2424 Section 1. Paragraph (b) of subsection ( 13) of section 11
2525 121.091, Florida Statutes, is amended to read: 12
2626 121.091 Benefits payable under the system. —Benefits may 13
2727 not be paid under this section unless the member has terminated 14
2828 employment as provided in s. 121.021(39)(a) or begun 15
2929 participation in the Deferred Retirement Option Program as 16
3030 provided in subsection (13), and a proper application has been 17
3131 filed in the manner prescribed by the department. The department 18
3232 may cancel an application for retirement benefits when the 19
3333 member or beneficiary fails t o timely provide the information 20
3434 and documents required by this chapter and the department's 21
3535 rules. The department shall adopt rules establishing procedures 22
3636 for application for retirement benefits and for the cancellation 23
3737 of such application when the requi red information or documents 24
3838 are not received. 25
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4747 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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5151 (13) DEFERRED RETIREMENT OPTION PROGRAM. —In general, and 26
5252 subject to this section, the Deferred Retirement Option Program, 27
5353 hereinafter referred to as DROP, is a program under which an 28
5454 eligible member of the F lorida Retirement System may elect to 29
5555 participate, deferring receipt of retirement benefits while 30
5656 continuing employment with his or her Florida Retirement System 31
5757 employer. The deferred monthly benefits shall accrue in the 32
5858 Florida Retirement System on behal f of the member, plus interest 33
5959 compounded monthly, for the specified period of the DROP 34
6060 participation, as provided in paragraph (c). Upon termination of 35
6161 employment, the member shall receive the total DROP benefits and 36
6262 begin to receive the previously determ ined normal retirement 37
6363 benefits. Participation in the DROP does not guarantee 38
6464 employment for the specified period of DROP. Participation in 39
6565 DROP by an eligible member beyond the initial 60 -month period as 40
6666 authorized in this subsection shall be on an annual contractual 41
6767 basis for all participants. 42
6868 (b) Participation in DROP. —Except as provided in this 43
6969 paragraph, an eligible member may elect to participate in DROP 44
7070 for a period not to exceed a maximum of 60 calendar months. 45
7171 1.a. Members who are instructional personnel employed by 46
7272 the Florida School for the Deaf and the Blind and authorized by 47
7373 the Board of Trustees of the Florida School for the Deaf and the 48
7474 Blind, who are instructional personnel as defined in s. 49
7575 1012.01(2)(a)-(d) in grades K-12 and authorized by the district 50
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8484 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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8888 school superintendent, or who are instructional personnel as 51
8989 defined in s. 1012.01(2)(a) employed by a developmental research 52
9090 school and authorized by the school's director, or if the school 53
9191 has no director, by the school's principal, may p articipate in 54
9292 DROP for up to 36 calendar months beyond the 60 -month period. 55
9393 Effective July 1, 2018, instructional personnel who are 56
9494 authorized to extend DROP participation beyond the 60 -month 57
9595 period must have a termination date that is the last day of the 58
9696 last calendar month of the school year within the DROP extension 59
9797 granted by the employer. If, on July 1, 2018, the member's DROP 60
9898 participation has already been extended for the maximum 36 61
9999 calendar months and the extension period concludes before the 62
100100 end of the school year, the member's DROP participation may be 63
101101 extended through the last day of the last calendar month of that 64
102102 school year. The employer shall notify the division of the 65
103103 change in termination date and the additional period of DROP 66
104104 participation for the affected instructional personnel. 67
105105 b. Administrative personnel in grades K -12, as defined in 68
106106 s. 1012.01(3), who have a DROP termination date on or after July 69
107107 1, 2018, may be authorized to extend DROP participation beyond 70
108108 the initial 60 calendar mo nth period if the administrative 71
109109 personnel's termination date is before the end of the school 72
110110 year. Such administrative personnel may have DROP participation 73
111111 extended until the last day of the last calendar month of the 74
112112 school year in which their original DROP termination date 75
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121121 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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125125 occurred if a date other than the last day of the last calendar 76
126126 month of the school year is designated. The employer shall 77
127127 notify the division of the change in termination date and the 78
128128 additional period of DROP participation for the a ffected 79
129129 administrative personnel. 80
130130 c. Effective July 1, 2022, a member of the Special Risk 81
131131 Class who is a law enforcement officer who meets the criteria in 82
132132 s. 121.0515(3)(a) and who is a DROP participant on or after July 83
133133 1, 2022, may participate in DROP f or up to 36 calendar months 84
134134 beyond the 60-month period if he or she enters DROP on or before 85
135135 June 30, 2028. 86
136136 d. Effective July 1, 2023, a member of the Special Risk 87
137137 Class who is a correctional officer who meets the criteria in s. 88
138138 121.0515(3)(c) and who is a DROP participant on or after July 1, 89
139139 2023, may participate in DROP for up to 36 calendar months 90
140140 beyond the 60-month period if he or she enters DROP on or before 91
141141 June 30, 2028. 92
142142 2. Upon deciding to participate in DROP, the member shall 93
143143 submit, on forms required by the division: 94
144144 a. A written election to participate in DROP; 95
145145 b. Selection of DROP participation and termination dates 96
146146 that satisfy the limitations stated in paragraph (a) and 97
147147 subparagraph 1. The termination date must be in a binding letter 98
148148 of resignation to the employer establishing a deferred 99
149149 termination date. The member may change the termination date 100
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158158 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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162162 within the limitations of subparagraph 1., but only with the 101
163163 written approval of the employer; 102
164164 c. A properly completed DROP application for service 103
165165 retirement as provided in this section; and 104
166166 d. Any other information required by the division. 105
167167 3. The DROP participant is a retiree under the Florida 106
168168 Retirement System for all purposes, except for paragraph (5)(f) 107
169169 and subsection (9) and ss. 112.3173, 112.363, 121.053, and 108
170170 121.122. DROP participation is final and may not be canceled by 109
171171 the participant after the first payment is credited during the 110
172172 DROP participation period. However, participation in DROP does 111
173173 not alter the participant's employ ment status, and the member is 112
174174 not deemed retired from employment until his or her deferred 113
175175 resignation is effective and termination occurs as defined in s. 114
176176 121.021. 115
177177 4. Elected officers are eligible to participate in DROP 116
178178 subject to the following: 117
179179 a. An elected officer who reaches normal retirement date 118
180180 during a term of office may defer the election to participate 119
181181 until the next succeeding term in that office. An elected 120
182182 officer who exercises this option may participate in DROP for up 121
183183 to 60 calendar months or no longer than the succeeding term of 122
184184 office, whichever is less. 123
185185 b. An elected or a nonelected participant may run for a 124
186186 term of office while participating in DROP and, if elected, 125
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195195 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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199199 extend the DROP termination date accordingly; however, if such 126
200200 additional term of office exceeds the 60 -month limitation 127
201201 established in subparagraph 1., and the officer does not resign 128
202202 from office within such 60 -month limitation, the retirement and 129
203203 the participant's DROP is null and void as provided in sub -130
204204 subparagraph (c)5.d. 131
205205 c. An elected officer who is dually employed and elects to 132
206206 participate in DROP must terminate all employment relationships 133
207207 as provided in s. 121.021(39) for the nonelected position within 134
208208 the original 60-month period or maximum participation perio d as 135
209209 provided in subparagraph 1. For DROP participation ending: 136
210210 (I) Before July 1, 2010, the officer may continue 137
211211 employment as an elected officer as provided in s. 121.053. The 138
212212 elected officer shall be enrolled as a renewed member in the 139
213213 Elected Officers' Class or the Regular Class, as provided in ss. 140
214214 121.053 and 121.122, on the first day of the month after 141
215215 termination of employment in the nonelected position and 142
216216 termination of DROP. Distribution of the DROP benefits shall be 143
217217 made as provided in paragrap h (c). 144
218218 (II) On or after July 1, 2010, the officer may continue 145
219219 employment as an elected officer but must defer termination as 146
220220 provided in s. 121.053. 147
221221 Section 2. The Legislature finds that a proper and 148
222222 legitimate state purpose is served when employees , officers, and 149
223223 retirees of the state and its political subdivisions, and the 150
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232232 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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236236 dependents, survivors, and beneficiaries of such employees, 151
237237 officers, and retirees, are extended the basic protections 152
238238 afforded by governmental retirement systems. These persons must 153
239239 be provided benefits that are fair and adequate and that are 154
240240 managed, administered, and funded in an actuarially sound manner 155
241241 as required by s. 14, Article X of the State Constitution and 156
242242 part VII of chapter 112, Florida Statutes. Therefore, the 157
243243 Legislature determines and declares that this act fulfills an 158
244244 important state interest. 159
245245 Section 3. This act shall take effect July 1, 2023. 160