The 2023 Florida Statutes (including Special Session C)

Title X
PUBLIC OFFICERS, EMPLOYEES, AND RECORDS

Chapter 112
PUBLIC OFFICERS AND EMPLOYEES: GENERAL PROVISIONS

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F.S. 112.61

112.61 Legislative intent.—It is the intent of the Legislature in implementing the provisions of s. 14, Art. X of the State Constitution, relating to governmental retirement systems, that such retirement systems or plans be managed, administered, operated, and funded in such a manner as to maximize the protection of public employee retirement benefits. Inherent in this intent is the recognition that the pension liabilities attributable to the benefits promised public employees be fairly, orderly, and equitably funded by the current, as well as future, taxpayers. Accordingly, except as herein provided, it is the intent of this act to prohibit the use of any procedure, methodology, or assumptions the effect of which is to transfer to future taxpayers any portion of the costs which may reasonably have been expected to be paid by the current taxpayers. Actuarial experience may be used to fund additional benefits, provided that the present value of such benefits does not exceed the net actuarial experience accumulated from all sources of gains and losses. This act hereby establishes minimum standards for the operation and funding of public employee retirement systems and plans.

History.—s. 1, ch. 78-170; s. 13, ch. 79-183; s. 1, ch. 83-37; s. 3, ch. 94-259.

F.S. 112.61 on Google Scholar

F.S. 112.61 on Casetext

Amendments to 112.61

Arrestable Offenses / Crimes under Fla. Stat. 112.61

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 112.61.

Annotations, Discussions, Cases:

Cases from cite.case.law:

UNITED STATES v. PERSAUD, a k a K. D. N. a k a, 420 F. Supp. 2d 1263 (M.D. Fla. 2006)

. . . East a distance of 16.97 feet; thence run North 16 degrees 14 minutes 47 seconds West a distance of 112.61 . . .

FLORIDA ASSOCIATION OF COUNTIES, INC. a a v. DEPARTMENT OF ADMINISTRATION, DIVISION OF RETIREMENT, a a, 580 So. 2d 641 (Fla. Dist. Ct. App. 1991)

. . . (codified at § 112.61, Fla.Stat. (1983)). .Brown v. . . . Neither Brown nor Greater Loretta requires the court to look to the 1983 version of section 112.61, Florida . . .

LOCAL NO. OF AMERICAN FEDERATION OF TECHNICAL ENGINEERS AFL v. GENERAL ELECTRIC COMPANY,, 250 F.2d 922 (1st Cir. 1957)

. . . 13 120.27 123.88 127.60 132.03 136.60 12 110.93 114.25 117.68 121.77 125.99 11 102.58 105.65 108.82 112.61 . . .

In HERBERT CANDY CO., 43 F. Supp. 588 (E.D. Pa. 1942)

. . . should be applied on account of the priority, thus making him a priority creditor only in the amount of $112.61 . . .