The 2023 Florida Statutes (including Special Session C)

Title X
PUBLIC OFFICERS, EMPLOYEES, AND RECORDS

Chapter 121
FLORIDA RETIREMENT SYSTEM

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F.S. 121.101

121.101 Cost-of-living adjustment of benefits.—

(1) The purpose of this section is to provide cost-of-living adjustments to the monthly benefits payable to retired members of state-supported retirement systems.

(2) As used in this section, “initial benefit” means the first monthly benefit payable to a retiree or beneficiary in accordance with the laws governing the determination of such benefit at the time of retirement or earlier death.

(3) Commencing July 1, 1987, the benefit of each retiree and annuitant whose effective retirement date is before July 1, 2011, shall be adjusted annually on July 1 as follows:

(a) For those retirees and annuitants who have never received a cost-of-living adjustment under this section, the amount of the monthly benefit payable for the 12-month period commencing on the adjustment date shall be the amount of the member’s initial benefit plus an amount equal to a percentage of the member’s initial benefit; this percentage is derived by dividing the number of months the member has received an initial benefit by 12, and multiplying the result by 3.

(b) For those retirees and annuitants who have received a cost-of-living adjustment under this subsection, the adjusted monthly benefit shall be the amount of the monthly benefit being received on June 30 immediately preceding the adjustment date plus an amount equal to 3 percent of this benefit.

(4) For members whose effective retirement date is on or after July 1, 2011, the benefit of each retiree and annuitant shall be adjusted annually on July 1 as follows:

(a) For those retirees and annuitants who have never received a cost-of-living adjustment under this subsection, the amount of the monthly benefit payable for the 12-month period commencing on the adjustment date shall be the amount of the member’s initial benefit plus an amount equal to a percentage of the member’s initial benefit. This percentage is derived by dividing the number of months the member has received an initial benefit by 12, and multiplying the result by the factor calculated pursuant to paragraph (c).

(c) The department shall calculate a cost-of-living factor for each retiree and beneficiary retiring on or after July 1, 2011. This factor shall equal the product of 3 percent multiplied by the quotient of the sum of the member’s service credit earned for service before July 1, 2011, divided by the sum of the member’s total service credit earned.

(5) Subject to the availability of funding and the Legislature enacting sufficient employer contributions specifically for the purpose of funding the expiration of the cost-of-living adjustment specified in subsection (4), in accordance with s. 14, Art. X of the State Constitution, the cost-of-living adjustment formula provided for in subsection (4) shall expire effective June 30, 2016, and the benefit of each retiree and annuitant shall be adjusted on each July 1 thereafter, as provided in subsection (3).

(6) In no event shall a retiree’s or annuitant’s monthly retirement benefit be reduced, by the application of this section, below the benefit he or she was receiving as of July 1, 1970, or at the date of retirement, if later, nor shall the benefit be reduced below the minimum monthly benefit provided him or her under s. 112.362.

(7) The initial benefit of a retiree who elected an optional form of benefit payment which provided for a percentage of the benefit to be continued to a beneficiary after his or her death shall be reduced at the death of the retiree by application of the stated percentage.

(8) The funds necessary to pay for the cost-of-living adjustment provided by this section are hereby annually appropriated from the System Trust Fund.

(9) The purpose of this subsection is to establish a supplemental cost-of-living adjustment for certain retirees and beneficiaries who receive monthly retirement benefits under the provisions of this chapter and the existing systems consolidated therein, s. 112.05 for certain state officers and employees, and s. 238.171 for certain elderly incapacitated teachers.

(a) On July 1, 1996, each such retiree retiring prior to July 1, 1976, and each annuitant of such a retiree, who had 25 or more years of service, who is neither receiving nor eligible to receive social security benefits, and whose monthly benefit as of July 1, 1996, is less than $1,000, shall, upon application to the administrator, receive a supplemental cost-of-living adjustment. Such supplemental cost-of-living adjustment shall be applied by adjusting the retiree’s or annuitant’s monthly benefit to an amount equal to the sum of the monthly benefit being received on July 1, 1996, plus a percentage of the July 1, 1996, benefit. This percentage shall equal the product of 1 percent multiplied by the number of complete years that have elapsed between the member’s date of retirement and July 1, 1996. However, if the supplemental cost-of-living adjustment plus the July 1, 1996, monthly benefit would exceed $1,000, the adjustment shall be reduced to an amount which would result in a monthly benefit equal to $1,000.

(b) Application for the supplemental cost-of-living adjustment provided by this subsection shall include certification by the retiree or annuitant that he or she is not receiving, and is not eligible to receive, social security benefits and shall include written authorization for the department to have access to information from the Social Security Administration concerning his or her entitlement to, or eligibility for, social security benefits. Such supplemental cost-of-living adjustment shall not be paid unless and until the application requirements of this paragraph are met.

History.—s. 10, ch. 70-112; s. 8, ch. 74-302; s. 4, ch. 80-242; s. 6, ch. 81-307; s. 37, ch. 83-217; s. 11, ch. 84-266; s. 1, ch. 87-534; s. 774, ch. 95-147; s. 8, ch. 96-368; s. 38, ch. 99-255; s. 17, ch. 2011-68.

F.S. 121.101 on Google Scholar

F.S. 121.101 on Casetext

Amendments to 121.101

Arrestable Offenses / Crimes under Fla. Stat. 121.101

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 121.101.

Annotations, Discussions, Cases:

Cases from cite.case.law:

COGNITIVE PROFESSIONAL SERVICES INC. v. U. S. SMALL BUSINESS ADMINISTRATION,, 254 F. Supp. 3d 22 (D.D.C. 2017)

. . . . § 121.101; see also id. § 124.102(a)(1); id. § 121.201 (“The size standards ... are expressed either . . .

IEI- CITYSIDE JV, v. UNITED STATES, 122 Fed. Cl. 750 (Fed. Cl. 2015)

. . . . §§ 121.101(a). . . .

SCOTT, v. WILLIAMS,, 107 So. 3d 379 (Fla. 2013)

. . . Ch.2011-68, § 17, at 1053, Laws of Fla., amending section 121.101 (4)(c), Florida Statutes. . . . Section 121.101(3), as amended in 2011, continues to provide a 3% cost-of-living adjustment to those . . . Stat. (2010); section 17 amending § 121.101, Fla. Stat. (2010); section 24 amending § 121.35, Fla. . . .

CONTRACT SERVICES, INC. v. UNITED STATES,, 104 Fed. Cl. 261 (Fed. Cl. 2012)

. . . . §§ 121.101-1103 (2011) (setting forth the SBA's small business size regulations). .The Army issued . . .

IRONCLAD EEI, A v. UNITED STATES, MGC R. L., 78 Fed. Cl. 351 (Fed. Cl. 2007)

. . . . §§ 121.101, 121.402 (2006)). . 13 C.F.R. § 125.15(b) (2007) provides that a service disabled veteran . . .

ADVANCED SYSTEMS TECHNOLOGY, INC. v. UNITED STATES,, 74 Fed. Cl. 171 (Fed. Cl. 2006)

. . . . §§ 121.101, 121.402. . . . .

ROTECH HEALTHCARE INC. v. UNITED STATES,, 71 Fed. Cl. 393 (Fed. Cl. 2006)

. . . . §§ 121.101, 121.402 (2006)). . . . Technology, 69 Fed.Cl. at 476 n. 3 (citing 65 Fed.Reg. 30836 & 30840 (May 15, 2000) (amending 13 C.F.R. § 121.101 . . .

ADVANCED SYSTEMS TECHNOLOGY, INC. v. UNITED STATES,, 69 Fed. Cl. 474 (Fed. Cl. 2006)

. . . . § 121.101(a). . . . See generally 13 C.F.R. §§ 121.101, 121.402. . . . . Industrial Classification (SIC) system. 65 Fed.Reg. 30836 & 30840 (May 15, 2000) (amending 13 C.F.R. § 121.101 . . . the National Technical Information Service at http://www.ntis.gov/yellowbk/lnty205.htin. 13 C.F.R. § 121.101 . . .

CHAPMAN LAW FIRM, v. UNITED STATES,, 63 Fed. Cl. 25 (Fed. Cl. 2004)

. . . . § 121.101(a) (2003) ("SBA's size standards define whether a business entity is small and, thus, eligible . . .

RED RIVER SERVICE CORP. v. UNITED STATES,, 60 Fed. Cl. 532 (Fed. Cl. 2004)

. . . . § 121.101; 48 C.F.R. § 19.102; 48 C.F.R. § 19.303(a). . . . .

METRO MACHINE CORP. v. UNITED STATES SMALL BUSINESS ADMINISTRATION, P., 305 F. Supp. 2d 614 (E.D. Va. 2004)

. . . Title 13 C.F.R. 121.101(a) provides that a business entity is “small and, thus, eligible for Government . . .

CERES ENVIRONMENTAL SERVICES, INC. v. UNITED STATES,, 52 Fed. Cl. 23 (Fed. Cl. 2002)

. . . . § 121.101). . . .

GREATER DALLAS HOME CARE ALLIANCE, v. UNITED STATES, 10 F. Supp. 2d 638 (N.D. Tex. 1998)

. . . . § 121.101 et seq. . . . .

CALIFORNIA CANNERS GROWERS ASSOCIATION, v. UNITED STATES,, 9 Cl. Ct. 774 (Cl. Ct. 1986)

. . . . § 121.101. . . . with good manufacturing practice, are regarded by the Commissioner as safe for such uses. 21 C.F.R. § 121.101 . . . Section 121.101. . . .

In AIR CRASH DISASTER AT JOHN F. KENNEDY INTERNATIONAL AIRPORT ON JUNE, 635 F.2d 67 (2d Cir. 1980)

. . . to familiarize himself with all available weather information prior to commencing flight or F.A.R. 121.101 . . . . § 121.101 Weather reporting facilities. . . .

NATIONAL NUTRITIONAL FOODS ASSOCIATION, Co. v. KENNEDY, H. ROBINSON, v. KENNEDY,, 572 F.2d 377 (2d Cir. 1978)

. . . . §§ 3.15, 121.10, 121.101(d)(5), 121.1073, 121.1134 (1974), and would, we thjnk, be applicable to dietary . . . that he is planning to initiate new rule making to particularize more comprehensively than existing § 121.101 . . .

L. RUTHERFORD, a v. UNITED STATES, 429 F. Supp. 506 (W.D. Okla. 1977)

. . . Interestingly, the 1976 edition of the FDA Code Regulations (21 C.F.R. 121.101(e)(2)), as well as multiple . . .

UNITED STATES v. ARTICLES OF FOOD AND DRUG COLI- TROL MEDICATED,, 372 F. Supp. 915 (N.D. Ga. 1974)

. . . for unrestricted use or are within tolerances set for use by the Food and Drug Administration. 21 CFR 121.101 . . .

CHIP STEAK CO. v. HARDIN,, 332 F. Supp. 1084 (N.D. Cal. 1971)

. . . Agriculture, in promulgating regulations on the use of food additives in meat products is bound by 21 C.F.R. 121.101 . . .