HB 613 2023 CODING: Words stricken are deletions; words underlined are additions. hb0613-00 Page 1 of 7 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 A bill to be entitled 1 An act relating to Deferred Retirement Option Program 2 for correctional officers; amending s. 121.091, F.S.; 3 authorizing certain members to participate in the 4 Deferred Retirement Option Program for an additional 5 time period; providing a declaration of important 6 state interest; providing an effective date. 7 8 Be It Enacted by the Legislature of the State of Florida: 9 10 Section 1. Paragraph (b) of subsection ( 13) of section 11 121.091, Florida Statutes, is amended to read: 12 121.091 Benefits payable under the system. —Benefits may 13 not be paid under this section unless the member has terminated 14 employment as provided in s. 121.021(39)(a) or begun 15 participation in the Deferred Retirement Option Program as 16 provided in subsection (13), and a proper application has been 17 filed in the manner prescribed by the department. The department 18 may cancel an application for retirement benefits when the 19 member or beneficiary fails t o timely provide the information 20 and documents required by this chapter and the department's 21 rules. The department shall adopt rules establishing procedures 22 for application for retirement benefits and for the cancellation 23 of such application when the requi red information or documents 24 are not received. 25 HB 613 2023 CODING: Words stricken are deletions; words underlined are additions. hb0613-00 Page 2 of 7 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 (13) DEFERRED RETIREMENT OPTION PROGRAM. —In general, and 26 subject to this section, the Deferred Retirement Option Program, 27 hereinafter referred to as DROP, is a program under which an 28 eligible member of the F lorida Retirement System may elect to 29 participate, deferring receipt of retirement benefits while 30 continuing employment with his or her Florida Retirement System 31 employer. The deferred monthly benefits shall accrue in the 32 Florida Retirement System on behal f of the member, plus interest 33 compounded monthly, for the specified period of the DROP 34 participation, as provided in paragraph (c). Upon termination of 35 employment, the member shall receive the total DROP benefits and 36 begin to receive the previously determ ined normal retirement 37 benefits. Participation in the DROP does not guarantee 38 employment for the specified period of DROP. Participation in 39 DROP by an eligible member beyond the initial 60 -month period as 40 authorized in this subsection shall be on an annual contractual 41 basis for all participants. 42 (b) Participation in DROP. —Except as provided in this 43 paragraph, an eligible member may elect to participate in DROP 44 for a period not to exceed a maximum of 60 calendar months. 45 1.a. Members who are instructional personnel employed by 46 the Florida School for the Deaf and the Blind and authorized by 47 the Board of Trustees of the Florida School for the Deaf and the 48 Blind, who are instructional personnel as defined in s. 49 1012.01(2)(a)-(d) in grades K-12 and authorized by the district 50 HB 613 2023 CODING: Words stricken are deletions; words underlined are additions. hb0613-00 Page 3 of 7 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 school superintendent, or who are instructional personnel as 51 defined in s. 1012.01(2)(a) employed by a developmental research 52 school and authorized by the school's director, or if the school 53 has no director, by the school's principal, may p articipate in 54 DROP for up to 36 calendar months beyond the 60 -month period. 55 Effective July 1, 2018, instructional personnel who are 56 authorized to extend DROP participation beyond the 60 -month 57 period must have a termination date that is the last day of the 58 last calendar month of the school year within the DROP extension 59 granted by the employer. If, on July 1, 2018, the member's DROP 60 participation has already been extended for the maximum 36 61 calendar months and the extension period concludes before the 62 end of the school year, the member's DROP participation may be 63 extended through the last day of the last calendar month of that 64 school year. The employer shall notify the division of the 65 change in termination date and the additional period of DROP 66 participation for the affected instructional personnel. 67 b. Administrative personnel in grades K -12, as defined in 68 s. 1012.01(3), who have a DROP termination date on or after July 69 1, 2018, may be authorized to extend DROP participation beyond 70 the initial 60 calendar mo nth period if the administrative 71 personnel's termination date is before the end of the school 72 year. Such administrative personnel may have DROP participation 73 extended until the last day of the last calendar month of the 74 school year in which their original DROP termination date 75 HB 613 2023 CODING: Words stricken are deletions; words underlined are additions. hb0613-00 Page 4 of 7 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 occurred if a date other than the last day of the last calendar 76 month of the school year is designated. The employer shall 77 notify the division of the change in termination date and the 78 additional period of DROP participation for the a ffected 79 administrative personnel. 80 c. Effective July 1, 2022, a member of the Special Risk 81 Class who is a law enforcement officer who meets the criteria in 82 s. 121.0515(3)(a) and who is a DROP participant on or after July 83 1, 2022, may participate in DROP f or up to 36 calendar months 84 beyond the 60-month period if he or she enters DROP on or before 85 June 30, 2028. 86 d. Effective July 1, 2023, a member of the Special Risk 87 Class who is a correctional officer who meets the criteria in s. 88 121.0515(3)(c) and who is a DROP participant on or after July 1, 89 2023, may participate in DROP for up to 36 calendar months 90 beyond the 60-month period if he or she enters DROP on or before 91 June 30, 2028. 92 2. Upon deciding to participate in DROP, the member shall 93 submit, on forms required by the division: 94 a. A written election to participate in DROP; 95 b. Selection of DROP participation and termination dates 96 that satisfy the limitations stated in paragraph (a) and 97 subparagraph 1. The termination date must be in a binding letter 98 of resignation to the employer establishing a deferred 99 termination date. The member may change the termination date 100 HB 613 2023 CODING: Words stricken are deletions; words underlined are additions. hb0613-00 Page 5 of 7 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 within the limitations of subparagraph 1., but only with the 101 written approval of the employer; 102 c. A properly completed DROP application for service 103 retirement as provided in this section; and 104 d. Any other information required by the division. 105 3. The DROP participant is a retiree under the Florida 106 Retirement System for all purposes, except for paragraph (5)(f) 107 and subsection (9) and ss. 112.3173, 112.363, 121.053, and 108 121.122. DROP participation is final and may not be canceled by 109 the participant after the first payment is credited during the 110 DROP participation period. However, participation in DROP does 111 not alter the participant's employ ment status, and the member is 112 not deemed retired from employment until his or her deferred 113 resignation is effective and termination occurs as defined in s. 114 121.021. 115 4. Elected officers are eligible to participate in DROP 116 subject to the following: 117 a. An elected officer who reaches normal retirement date 118 during a term of office may defer the election to participate 119 until the next succeeding term in that office. An elected 120 officer who exercises this option may participate in DROP for up 121 to 60 calendar months or no longer than the succeeding term of 122 office, whichever is less. 123 b. An elected or a nonelected participant may run for a 124 term of office while participating in DROP and, if elected, 125 HB 613 2023 CODING: Words stricken are deletions; words underlined are additions. hb0613-00 Page 6 of 7 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 extend the DROP termination date accordingly; however, if such 126 additional term of office exceeds the 60 -month limitation 127 established in subparagraph 1., and the officer does not resign 128 from office within such 60 -month limitation, the retirement and 129 the participant's DROP is null and void as provided in sub -130 subparagraph (c)5.d. 131 c. An elected officer who is dually employed and elects to 132 participate in DROP must terminate all employment relationships 133 as provided in s. 121.021(39) for the nonelected position within 134 the original 60-month period or maximum participation perio d as 135 provided in subparagraph 1. For DROP participation ending: 136 (I) Before July 1, 2010, the officer may continue 137 employment as an elected officer as provided in s. 121.053. The 138 elected officer shall be enrolled as a renewed member in the 139 Elected Officers' Class or the Regular Class, as provided in ss. 140 121.053 and 121.122, on the first day of the month after 141 termination of employment in the nonelected position and 142 termination of DROP. Distribution of the DROP benefits shall be 143 made as provided in paragrap h (c). 144 (II) On or after July 1, 2010, the officer may continue 145 employment as an elected officer but must defer termination as 146 provided in s. 121.053. 147 Section 2. The Legislature finds that a proper and 148 legitimate state purpose is served when employees , officers, and 149 retirees of the state and its political subdivisions, and the 150 HB 613 2023 CODING: Words stricken are deletions; words underlined are additions. hb0613-00 Page 7 of 7 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 dependents, survivors, and beneficiaries of such employees, 151 officers, and retirees, are extended the basic protections 152 afforded by governmental retirement systems. These persons must 153 be provided benefits that are fair and adequate and that are 154 managed, administered, and funded in an actuarially sound manner 155 as required by s. 14, Article X of the State Constitution and 156 part VII of chapter 112, Florida Statutes. Therefore, the 157 Legislature determines and declares that this act fulfills an 158 important state interest. 159 Section 3. This act shall take effect July 1, 2023. 160