(1) A member may purchase creditable service for up to 2 work years of authorized leaves of absence, including any leaves of absence covered under the Family Medical Leave Act, if:
(a) The member has completed the years of creditable service required for vesting, excluding periods for which a leave of absence was authorized;
(b) The leave of absence is authorized in writing by the employer of the member and approved by the administrator;
(c) The member returns to active employment performing service with a Florida Retirement System employer in a regularly established position immediately upon termination of the leave of absence and remains on the employer’s payroll for 1 calendar month, except that a member who retires on disability while on a medical leave of absence may not be required to return to employment. A member whose work year is less than 12 months and whose leave of absence terminates between school years is eligible to receive credit for the leave of absence if he or she returns to the employment at the beginning of the next school year and remains on the employer’s payroll for 1 calendar month; and
(d) The member makes the required contributions for service credit during the leave of absence, which shall be 8 percent until January 1, 1975, and 9 percent thereafter of his or her rate of monthly compensation in effect immediately before the commencement of such leave for each month of such period, plus 4 percent interest until July 1, 1975, and 6.5 percent interest thereafter on such contributions, compounded annually each June 30 from the due date of the contribution to date of payment.
1. Effective July 1, 1980, any leave of absence purchased pursuant to this section is at the contribution rates specified in s. 121.071 or s. 121.71 in effect at the time the leave is granted for the class of membership from which the leave of absence was granted; however, any member who purchased leave-of-absence credit before July 1, 1980, for a leave of absence from a position in a class other than the regular membership class, may pay the appropriate additional contributions plus compound interest thereon and receive creditable service for such leave of absence in the membership class from which the member was granted the leave of absence.
2. Effective July 1, 2011, any leave of absence purchased by the member pursuant to this section shall be at the employer and employee contribution rates specified in s. 121.71 in effect during the leave for the class of membership from which the leave of absence was granted.
(2) A member who is required to resign his or her office as a subordinate officer, deputy sheriff, or police officer because he or she is a candidate for a public office which is currently held by his or her superior officer who is also a candidate for reelection to the same office, in accordance with s. 99.012(5), shall, upon return to covered employment, be eligible to purchase retirement credit for the period between his or her date of resignation and the beginning of the term of office for which he or she was a candidate as a leave of absence without pay, as provided in subsection (1).
History.—s. 12, ch. 70-112; s. 10, ch. 74-302; s. 2, ch. 80-128; s. 8, ch. 83-76; s. 14, ch. 88-382; s. 776, ch. 95-147; s. 13, ch. 97-180; s. 11, ch. 98-138; s. 9, ch. 98-413; s. 12, ch. 2000-169; s. 8, ch. 2000-347; s. 21, ch. 2008-4; s. 20, ch. 2011-68; s. 2, ch. 2018-126.
Structure Florida Statutes
Title X - Public Officers, Employees, and Records
Chapter 121 - Florida Retirement System
Part I - General Provisions (Ss. 121.011-121.40)
121.011 - Florida Retirement System.
121.012 - Inclusive provisions.
121.025 - Administrator; powers and duties.
121.031 - Administration of system; appropriation; oaths; actuarial studies; public records.
121.0312 - Review; actuarial valuation report; contribution rate determination process.
121.045 - Consolidation of liabilities and assets; existing systems.
121.046 - Merger of the Judicial Retirement System into the Florida Retirement System Act.
121.051 - Participation in the system.
121.0511 - Revocation of election and alternative plan.
121.0515 - Special Risk Class.
121.052 - Membership class of elected officers.
121.053 - Participation in the Elected Officers’ Class for retired members.
121.055 - Senior Management Service Class.
121.081 - Past service; prior service; contributions.
121.091 - Benefits payable under the system.
121.095 - Florida Retirement System Preservation of Benefits Plan Trust Fund.
121.1001 - Florida Retirement System Preservation of Benefits Plan.
121.101 - Cost-of-living adjustment of benefits.
121.111 - Credit for military service.
121.1115 - Purchase of retirement credit for out-of-state or federal service.
121.121 - Authorized leaves of absence.
121.122 - Renewed membership in system.
121.125 - Credit for workers’ compensation payment periods.
121.131 - Benefits exempt from taxes and execution.
121.133 - Cancellation of uncashed warrants.
121.135 - Annual report to Legislature concerning state-administered retirement systems.
121.136 - Annual benefit statement to members.
121.161 - References to other laws include amendments.
121.182 - Retirement annuities authorized for city and county personnel.
121.1905 - Division of Retirement; creation.
121.191 - Special acts prohibited.
121.192 - State retirement actuary.
121.193 - External compliance audits.
121.22 - State Retirement Commission; creation; membership; compensation.
121.231 - Attorney’s fees and costs under s. 121.23(2)(a); funding.
121.24 - Conduct of commission business; legal and other assistance; compensation.
121.35 - Optional retirement program for the State University System.