Florida Florida Statutes
§ 121.40 — Cooperative extension personnel at the Institute of Food and Agricultural Sciences; supplemental retirement benefits
FS § 121.40Ch. 121
Statute text
View on source(1)SHORT TITLE.—This section shall be known and may be cited as the “Institute of Food and Agricultural Sciences Supplemental Retirement Act.”
(2)PURPOSE.—The purpose of this act is to provide a supplement to the monthly retirement benefits being paid under the federal Civil Service Retirement System to, or with respect to, certain retired employees of the Institute of Food and Agricultural Sciences at the University of Florida, whose positions were ineligible for coverage under a state-supported retirement system.
(3)DEFINITIONS.—The definitions provided in s. 121.021 shall not apply to this program except when specifically cited. For the purposes of this section, the following words or phrases have the respective meanings set forth:(a) “Institute” means the Institute of Food and Agricultural Sciences of the University of Florida.
(b)“Department” means the Department of Management Services.
(c)“Participant” means any employee of the institute who is eligible to receive a supplemental benefit under this program as provided in subsection (4).
(d)“Trust fund” means the Florida Retirement System Trust Fund.
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