Online Sunshine Logo
Official Internet Site of the Florida Legislature
June 22, 2018
Text: 'NEW Advanced Legislative Search'
Interpreter Services for the Deaf and Hard of Hearing
Go to MyFlorida House
Select Year:  
The Florida Statutes

The 2018 Florida Statutes

Title X
PUBLIC OFFICERS, EMPLOYEES, AND RECORDS
Chapter 121
FLORIDA RETIREMENT SYSTEM
View Entire Chapter
F.S. 121.735
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 System Trust Fund.
(2) Such allocations are stated as a percentage of each investment plan member’s gross compensation for the calendar month. Any change in a contribution percentage is effective the first day of the month for which retirement contributions may be made on or after the beginning date of the change. Contribution percentages may be modified by general law.
(3) Effective July 1, 2017, allocations from the Florida Retirement System Contributions Clearing Trust Fund to provide line-of-duty death benefits for members in the investment plan and to offset the costs of administering said coverage, are as follows:

Membership Class

Percentage of Gross Compensation

 

Regular Class

0.05%

Special Risk Class

1.15%

Special Risk Administrative Support Class

0.03%

Elected Officers’ Class
 Legislators, Governor,
 Lt. Governor, Cabinet Officers,
 State Attorneys, Public Defenders

0.15%

Elected Officers’ Class
 Justices, Judges

0.09%

Elected Officers’ Class
 County Elected Officers

0.20%

Senior Management Service Class

0.05%

History.s. 5, ch. 2016-213; s. 15, ch. 2017-88.