Florida Statutes
Title X - Public Officers, Employees, and Records
Chapter 121 - Florida Retirement System

121.031 - Administration of system; appropriation; oaths; actuarial studies; public records. - (1) The Department of Management Services has the authority to...

121.0312 - Review; actuarial valuation report; contribution rate determination process. - History.—s. 20, ch. 99-392; s. 6, ch. 2003-6.

121.045 - Consolidation of liabilities and assets; existing systems. - (1) Effective December 1, 1970, the existing systems and the...

121.046 - Merger of the Judicial Retirement System into the Florida Retirement System Act. - (1) Any person who is elected or appointed to office...

121.047 - Consolidation of liabilities and assets; Institute of Food and Agricultural Sciences Supplemental Retirement Program; restriction. - (1) Effective July 1, 2007, the Institute of Food and...

121.051 - Participation in the system. - (1) COMPULSORY PARTICIPATION.— (a) Participation in the Florida Retirement System...

121.0511 - Revocation of election and alternative plan. - (1) No more than 30 days and at least 7...

121.0515 - Special Risk Class. - (1) ESTABLISHMENT OF CLASS.—A separate class of membership within the...

121.052 - Membership class of elected officers. - (1) ESTABLISHMENT OF CLASS.—There is hereby established a separate class...

121.053 - Participation in the Elected Officers’ Class for retired members. - (1) A member who retired under an existing system as...

121.055 - Senior Management Service Class. - (1)(a) Participation in the Senior Management Service Class shall be...

121.061 - Funding. - (1) Commencing December 1, 1970, all employers withholding contributions required...

121.071 - Contributions. - (1) The following tables state the required retirement contribution rates...

121.081 - Past service; prior service; contributions. - (1)(a) Past service, as defined in s. 121.021, may be...

121.085 - Creditable service. - History.—s. 6, ch. 2000-347; s. 36, ch. 2012-116; s. 16,...

121.091 - Benefits payable under the system. - (1) NORMAL RETIREMENT BENEFIT.—Upon attaining his or her normal retirement...

121.095 - Florida Retirement System Preservation of Benefits Plan Trust Fund. - (1) The Florida Retirement System Preservation of Benefits Plan Trust...

121.1001 - Florida Retirement System Preservation of Benefits Plan. - (1) ELIGIBILITY TO PARTICIPATE IN THE PRESERVATION OF BENEFITS PLAN.—A...

121.101 - Cost-of-living adjustment of benefits. - (1) The purpose of this section is to provide cost-of-living...

121.111 - Credit for military service. - (1) Creditable service of any member shall also include military...

121.1115 - Purchase of retirement credit for out-of-state or federal service. - (1) LIMITATIONS AND CONDITIONS.—To receive credit for the out-of-state service:...

121.1122 - Purchase of retirement credit for in-state public service and in-state service in accredited nonpublic schools and colleges, including charter schools and charter technical career centers. - (1) PURCHASE OF RETIREMENT CREDIT AUTHORIZED.—Subject to the provisions of...

121.121 - Authorized leaves of absence. - (1) A member may purchase creditable service for up to...

121.122 - Renewed membership in system. - (1) Except as provided in s. 121.053, effective July 1,...

121.125 - Credit for workers’ compensation payment periods. - History.—s. 2, ch. 72-347; s. 57, ch. 79-40; s. 15,...

121.131 - Benefits exempt from taxes and execution. - History.—s. 13, ch. 70-112.

121.133 - Cancellation of uncashed warrants. - History.—s. 12, ch. 98-413; s. 40, ch. 99-255; s. 143,...

121.135 - Annual report to Legislature concerning state-administered retirement systems. - History.—s. 3, ch. 72-345; s. 2, ch. 77-286; s. 21,...

121.136 - Annual benefit statement to members. - History.—s. 16, ch. 90-274; s. 59, ch. 92-279; s. 55,...

121.141 - Appropriation. - (1) There is annually appropriated from the System Trust Fund...

121.151 - Investments. - History.—s. 15, ch. 70-112; s. 7, ch. 81-295.

121.161 - References to other laws include amendments. - History.—s. 16, ch. 70-112; s. 22, ch. 2011-68.

121.181 - Effective date. - History.—s. 19, ch. 70-112.

121.1815 - Special pensions to individuals; administration of laws by Department of Management Services. - History.—s. 31, ch. 69-106; s. 4, ch. 71-355; s. 2,...

121.182 - Retirement annuities authorized for city and county personnel. - History.—s. 10, ch. 96-368; s. 1, ch. 2005-135; s. 23,...

121.1905 - Division of Retirement; creation. - History.—s. 30, ch. 94-249; s. 44, ch. 99-255; s. 14,...

121.191 - Special acts prohibited. - History.—s. 1, ch. 72-388.

121.192 - State retirement actuary. - (1) Advising the secretary on actuarial matters of the state...

121.193 - External compliance audits. - (1) The department shall conduct audits of the payroll and...

121.22 - State Retirement Commission; creation; membership; compensation. - (1) There is created within the Department of Management Services...

121.23 - Disability retirement and special risk membership applications; Retirement Commission; powers and duties; judicial review. - (1) In accordance with the rules of procedure adopted by...

121.231 - Attorney’s fees and costs under s. 121.23(2)(a); funding. - History.—s. 22, ch. 97-180.

121.24 - Conduct of commission business; legal and other assistance; compensation. - (1) The commission shall conduct its business within the following...

121.30 - Statements of purpose and intent and other provisions required for qualification under the Internal Revenue Code of the United States. - (1) The purpose of this chapter is to provide pension...

121.35 - Optional retirement program for the State University System. - (1) OPTIONAL RETIREMENT PROGRAM ESTABLISHED.—The Department of Management Services shall...

121.355 - Community College Optional Retirement Program and State University System Optional Retirement Program member transfer. - (1) The cost for such credit must represent the actuarial...

121.40 - Cooperative extension personnel at the Institute of Food and Agricultural Sciences; supplemental retirement benefits. - (1) SHORT TITLE.—This section shall be known and may be...

Part II - Florida Retirement System Investment Plan (Ss. 121.4501-121.5912)

121.4501 - Florida Retirement System Investment Plan. - (1) The Trustees of the State Board of Administration shall...

121.4502 - Florida Retirement System Investment Plan Trust Fund. - (1) The Florida Retirement System Investment Plan Trust Fund is...

121.4503 - Florida Retirement System Contributions Clearing Trust Fund. - (1) The Florida Retirement System Contributions Clearing Trust Fund is...

121.571 - Contributions. - (1) CONTRIBUTORY PLAN.—Each employer and employee shall submit contributions as...

121.591 - Payment of benefits. - (1) NORMAL BENEFITS.—Under the investment plan: (a) Benefits in the...

121.5911 - Disability retirement program; qualified status; rulemaking authority. - History.—s. 12, ch. 2002-273; s. 31, ch. 2011-68; s. 39,...

121.5912 - Survivor benefit retirement program; qualified status; rulemaking authority. - History.—s. 4, ch. 2016-213; s. 13, ch. 2017-88.

Part III - Florida Retirement System Contribution Rates (Ss. 121.70-121.78)

121.70 - Legislative purpose and intent. - (1) This part provides for a uniform system for funding...

121.71 - Uniform rates; process; calculations; levy. - (1) In conducting the system actuarial study required under s....

121.72 - Allocations to investment plan member accounts; percentage amounts. - (1) The allocations established in subsection (4) shall fund retirement...

121.73 - Allocations for member disability coverage; percentage amounts. - (1) The allocations established in subsection (3) shall be used...

121.735 - Allocations for member line-of-duty death benefits; percentage amounts. - (1) The allocations established in subsection (3) shall be used...

121.74 - Administrative and educational expenses. - History.—s. 1, ch. 2002-177; s. 4, ch. 2003-260; s. 2,...

121.75 - Allocation for pension plan. - History.—s. 1, ch. 2002-177; s. 37, ch. 2011-68; s. 8,...

121.76 - Contributions for social security and for retiree health insurance subsidy. - History.—s. 1, ch. 2002-177.

121.77 - Deductions from member accounts. - History.—s. 1, ch. 2002-177; s. 38, ch. 2011-68.

121.78 - Payment and distribution of contributions. - (1) Contributions made pursuant to this part shall be paid...

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Florida Statutes Title X - Public Officers, Employees, and Records Chapter 121 - Florida Retirement System

Florida Statutes
Title X - Public Officers, Employees, and Records
Chapter 121 - Florida Retirement System