Bill Text: FL S7028 | 2019 | Regular Session | Introduced


Bill Title: Judicial Retirement

Spectrum: Committee Bill

Status: (Failed) 2019-05-03 - Died in Appropriations, companion bill(s) passed, see CS/HB 7081 (Ch. 2019-98) [S7028 Detail]

Download: Florida-2019-S7028-Introduced.html
       Florida Senate - 2019                                    SB 7028
       
       
        
       By the Committee on Governmental Oversight and Accountability
       
       
       
       
       
       585-02355-19                                          20197028__
    1                        A bill to be entitled                      
    2         An act relating to judicial retirement; amending s.
    3         121.052, F.S.; modifying provisions authorizing
    4         justices or judges to purchase additional service
    5         credit in the Florida Retirement System under certain
    6         circumstances to conform to the revisions made to the
    7         mandatory judicial retirement age established in s. 8,
    8         Art. V of the State Constitution; providing an
    9         effective date.
   10          
   11  Be It Enacted by the Legislature of the State of Florida:
   12  
   13         Section 1. Subsection (4) of section 121.052, Florida
   14  Statutes, is amended to read:
   15         121.052 Membership class of elected officers.—
   16         (4) PARTICIPATION BY ELECTED OFFICERS SERVING A SHORTENED
   17  TERM DUE TO APPORTIONMENT, FEDERAL INTERVENTION, ETC.—
   18         (a) A duly elected officer whose term of office was
   19  shortened by legislative or judicial apportionment pursuant to
   20  s. 16, Art. III of the State Constitution may, after the term of
   21  office to which he or she was elected is completed, pay into the
   22  Florida Retirement System Trust Fund the amount of contributions
   23  that would have been made by the officer or the officer’s
   24  employer on his or her behalf, plus 4 percent interest
   25  compounded annually from the date he or she left office until
   26  July 1, 1975, and 6.5 percent interest compounded annually
   27  thereafter, and may receive service credit for the length of
   28  time the officer would have served if such term had not been
   29  shortened by apportionment.
   30         (b) Any duly elected officer whose term of office was
   31  shortened because the election at which he or she was elected
   32  was delayed as a result of federal intervention under the
   33  federal Voting Rights Act may, after the term of office to which
   34  he or she was elected is completed, pay into the System Trust
   35  Fund the amount of contributions that would have been made by
   36  the employee or by the employer on his or her behalf for the
   37  period of time the assumption of office was delayed, plus 4
   38  percent interest compounded annually from the date he or she
   39  assumed office until July 1, 1975, and 6.5 percent interest
   40  compounded annually thereafter, and may receive service credit
   41  for the length of time he or she would have served if such term
   42  had not been shortened by delay of the election.
   43         (c) For the purpose of this chapter, “creditable service”
   44  includes the period from November 1972 to January 1973 which
   45  would have been served by an elected county officer but for the
   46  enactment of chapter 67-510, Laws of Florida, if the inclusion
   47  of such period would provide any person affected with sufficient
   48  creditable service to qualify for retirement benefits pursuant
   49  to this chapter.
   50         (d)1. Any justice or judge, or any retired justice or judge
   51  who retired before July 1, 1993, who has attained the age of 70
   52  years before July 1, 2019, and who was is prevented under s. 8,
   53  Art. V of the State Constitution from completing his or her term
   54  of office because of age may elect to purchase credit for all or
   55  a portion of the months he or she would have served during the
   56  remainder of the term of office; however, he or she may claim
   57  those months only after the date the service would have
   58  occurred. The justice or judge must pay into the Florida
   59  Retirement System Trust Fund the amount of contributions that
   60  would have been made by the employer on his or her behalf for
   61  the period of time being claimed, plus 6.5 percent interest
   62  thereon compounded each June 30 from the date he or she left
   63  office, in order to receive service credit in this class for the
   64  period of time being claimed. After the date the service would
   65  have occurred, and upon payment of the required contributions,
   66  the retirement benefit of a retired justice or judge shall be
   67  adjusted prospectively to include the additional creditable
   68  service; however, such adjustment may be made only once.
   69         2. Any justice or judge who did does not seek retention or
   70  election to a subsequent term of office because he or she was
   71  would be prevented under s. 8, Art. V of the State Constitution
   72  from completing such term of office upon attaining the age of 70
   73  years may elect to purchase service credit for service as a
   74  temporary judge as assigned by the court if the temporary
   75  assignment immediately follows the last full term of office
   76  served and the purchase is limited to the number of months of
   77  service needed to vest retirement benefits. To receive
   78  retirement credit for such temporary service beyond termination,
   79  the justice or judge must pay into the Florida Retirement System
   80  Trust Fund the amount of contributions that would have been made
   81  by the justice or judge and the employer on his or her behalf
   82  had he or she continued in office for the period of time being
   83  claimed, plus 6.5 percent interest thereon compounded each June
   84  30 from the date he or she left office.
   85         Section 2. This act shall take effect July 1, 2019.

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