HomeMy WebLinkAboutHandouts_Regular_01/11/2007 (6)Fvs
Dan Gallgher
From: Bonni S. Jensen (bsjensenLdihpjlaw.comj
Sent: Friday, July 16, 0 , 2:51 PM
To: Dan Gallagher
C~: Karen Amenita
Subject: Participation in G Plan
Florida Statutes §121.041(9}(a) provides that "Any person who is retired
under this chapter [Florida Retirement System), except under the disability
provisions of subsection (4), may be employed by an employer that does not participate in
a state-administered
retirement system and may receive compensation from that employment
without limiting or restricting in any way the retirement benefits
payable to that person."
Bob Garlo may participate in the GE Plan as a new employee after his
retirement from the special risk employment. I spoke with Pat Ochoa at
the Florida Division of Retirement and she verbally confirmed to me that
Bob is not subject to any restrictions in his employment after
retirement. There are no restrictions because his new position is no
longer eligible to participate in the FRS system.
However, since there are questions about the situtation, you may want to
seek a written opinion from the Division of Retirement.
Bonni S. Jensen <bsjensen@hpjlaw.com>
Hanson, Perry ~ Jensen, P.A.
400 Executive Center Drive, Suite 207
4v'est Palm Beach, Florida 33401
Telephone: {561)686-6550
Facsimile: 1561}686-2602
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