The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1939-09-07


from the Board of Trustees.
Sec. IL. COLLECTION OF CON-
TRIBUTIONS-O The collection
of members contributions shall be
as follows:
(al Each employer shall cause
to be deducted from each and every
payment of salary of a member for
sequent to the first day of July.
nineteen hundred and thirty-nine.
the contribution payable by such
member as provided in this Act.
CD Each employer shall transmit
monthly to the Secretary of the
Board of Trustees a warrant for the
total amount of such deductions.
Trustees. after making records of all
such. warrants. shall transmit them
to the Comptroller who shall de-
liver them to the Treasurer of the
State OF Florida, who shall collect
them.
CD The collection of the States
contribution shall be made as fol-
lows:
(a) On April first, A. d. nineteen
hundred and forty-one and on April
first of each year there after. the
Board of Trustees shall certify to
the Comptroller the amounts which
will become due and payable dur
ing the ensuing fiscal year to each
of the funds of the retirement sys-
tenn to which State contributions
are payable as set forth in this Act
and there is hereby appropriated an
nually from the General Revenue
Fund of the State to the said sew
eral funds the amount necessary to
pay the contributions of the State
of Florida to such funds.
CD The Board of Trustees shall
certify one quarter of the amount
so ascertained for each year to the
Florida on or before the last day
April of each year. The Comptroller
shall on or before the first day of
August, November. February and
May of each year draw his war
rant or warrants which shall be
countersigned by the Governor. on
the Treasurer of the State of Florida
for the respective amounts due the
several funds of the retirement sys-
tenn. On the receipt of the warrant
or warrants of the Comptroller the
Treasurer shall Immediately trans
fer to the several funds of the re-
tirement system the amounts due.
(c) To cover the requirements of
the system for the two years begin
ming July first, nineteen hundred and
thirty-nine and prior to the receipt
OF the first regular appropriation
made in accordance with Paragraphs
(a) and CD above there is hereby
appropriated from the General Rev
enue. Fund of the State of Florida
to the pension accumulation fund
the sum of Four Hundred Thousand
Dollars ($4OO, O00OO) and to the ex-
pense fund, the sum of twenty-five
Thousand Dollars ($25, 0OO. 00l, which
amounts shall be paid upon warrants
drawn by the Comptroller, and coun-
terSigned by the Governor, in equal
amounts quarterly on August first
and November first, nineteen hun
dred and thirty-nine and February
first. May first, August first and No
vember first. nineteen hundred and
forty and February first and May
first. nineteen hundred and forty
one.
Sec. II. DUTIES OF EMPLOY
ERS-O Each employer shall keep
such records and from time to time
shall furnish such information as
the Board of Trustees may require
in the discharge of it's duties. Upon
the employment of any teacher to
whom this Act may apply, he shall
be informed by his employer of his
duties and obligations in connection
with the retirement system as a con-
dition of his employment. Every
teacher accepting employment shall
be deemed to consent and agree to
any deductions from his compen-
stion required in this Act and to
all other provisions of this Act.
Cd During September of each
year. or at such other time as the
Board of Trustees shall approve each
employer shall certify to the Board
or Trustees the names of all teach
ers to whom this Act applies.
CD Each employer shall on the
first day of each calendar month,
or at such less frequent intervals
as the Board of Trustees may ap-
prove, notify the Board of Trustees
of the employment of new teachers,
removals. Withdrawals and changes
in salary of members that have oc-
Cured during the preceding month
or the period covered since the last
notification.
Sec. 13. LIMITATION ON MEM
BERSHIP-No other provision of
law in any other statute which pro-
vides wholly or partly at the ex-
pense of the State of Florida for
pensions or for retirement benefits
for teachers of the said State, their
widows, or other dependents, shall
amply to members or beneficiaries of
the retirement system established
by this Act their widows or other
dependents. No person who shall
become a teacher as defined herein,
hundred and thirtY-nine, shall be
eligible to a pension under any stat
ute heretofore enacted.
Sec. IA. PROTECTION AGAINST
FRAUD-Any person who shall
knowingly make any false state
ment. or shall falsify or permit
to be falsified any record or records
of this retirement system in any at
tempt to defraud such system as a
result of such Act. shall be guilty
of misdemeanor and shall be pun
iShable therefor under the laws of
the State of Florida. Should any
change or error in records result in
any member or beneficiary receiving
from the retirement system more or
less than he would have been en-
titled to receive had the records
been correct. then on discovery of
any such error the Board of Trus-
tees shall correct such error, and
as far as practicable shall adjust
the payments in such a manner
that the actuarial equivalent of the
benefit to which such member or
beneficiary was correctly entitled
shall be paid.
Sec 15 EXEMPTION OF FUNDS
FROM TAXATION, EXECUTION
AND ASSIGNMENT Pensions,
annuities. or any other benefits ac-
crued or accruing to any person un-
der the provisions of this Act and
the accumulated contributions and
cash securities in the funds Great
ed under this Act are hereby ex-
empted from any State, County or
Municipal tax of the State of Flor
ida: and shall not be subject to exc
cution or attachement or to any legal
process whatsoever. and shall be I'M
assignable except as in this Act
specifically provided.
Sec. 16. PENALTIES-Any person
subject to the terms and provisions