Florida Administrative Code › 60 - DEPARTMENT OF MANAGEMENT SERVICES › 60S - Division of Retirement › Chapter 60S-2 - CREDITABLE SERVICE › Section 60S-2.003 - Credit for Past Service

Current through Reg. 50, No. 138; July 16, 2024
Past service credit in the Florida Retirement System is
				  available to the member for service rendered in seven different sets of
				  circumstances, with the particular set of circumstances under which the service
				  is rendered determining the cost for claiming past service credit. The
				  conditions and circumstances under which the past service credit may be claimed
				  are as follows:
(1) Past service may
				be claimed by a member who was an officer or employee of a municipality,
				independent special district, metropolitan planning organization, charter
				school, or charter technical school on the date it was approved for
				participation in the Florida Retirement System, subject to the following:
(a) The member must have been in the active
				employ of the municipality, independent special district, metropolitan planning
				organization, charter school, or charter technical school on the date the
				municipality, independent special district or metropolitan planning
				organization, charter school, or charter technical school commenced
				participating in the Florida Retirement System, and must have selected
				membership in the Florida Retirement System if such option was given;
(b) The member must have been filling a
				regularly established position, as defined in Rule
				 60S-6.001, F.A.C., during the
				period of service for which he or she claims past service credit;
(c) The member may not receive past service
				credit for any leaves of absence without pay, with the exception of active
				military service leaves of absence claimed in accordance with subsection
				 60S-2.005(1),
				F.A.C.;
(d) If the member does not
				desire to receive credit for all of his or her past service, the period he or
				she claims must be the most recent past service prior to his or her
				participation in the Florida Retirement System;
(e) Certification of monthly service and
				earnings for the past service claimed must be submitted by the member's
				employer; and
(f) The required
				contributions must be made in accordance with subsection
				 60S-3.004(1),
				F.A.C.
(g) Past service under this
				subsection may be claimed as Special Risk Class service valued at 2% per year
				by current or former Special Risk Class members of the Florida Retirement
				System. Such additional credit may be purchased at the time the employee
				becomes a member of the Florida Retirement System or at any time prior to
				retirement. In addition to conditions (a) through (f), the following conditions
				must be met:
1. The service must satisfy the
				criteria established for the Special Risk Class as provided in Rule
				 60S-1.0051,
				 60S-1.0052,
				 60S-1.0053,
				 60S-1.00535 or
				 60S-1.00539, F.A.C., of these
				rules, except that a certificate or waiver of certificate shall not be
				required. Verification that the service satisfies the criteria shall be
				provided by the municipality, independent special district, metropolitan
				planning organization, charter school, or charter technical school on Form
				FRS-401 (Rev. 07/99),
http://www.flrules.org/Gateway/reference.asp?No=Ref-00338
,
				Florida Retirement System Special Risk Credit for Past Service, herein adopted
				by reference, and must be approved by the Division. Form FRS-401 may be
				obtained from the Forms page of the Division's website,
www.frs.MyFlorida.com
, or by calling
				the Division Toll Free at (844)377-1888, if calling outside the Tallahassee
				calling area or locally at (850)907-6500. Individuals with a hearing or speech
				impairment may call the Division via T.D.D. at the Florida Relay System by
				dialing 711 or (800)955-8771.
2.
				The member will be notified of the additional contributions required in
				accordance with paragraph
				 60S-3.004(1)(d),
				F.A.C. Such contributions may be paid by the member or by the employer on
				behalf of the member.