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ROOK FAGE .g497 <br />The foregoing resolution was offered by Commissioner Bird <br />who moved for its adoption. The motion was seconded by Commissioner Adams <br />and, upon being put to a vote, the vote was as follows: <br />Chairman Carolyn K. Eggert Aye <br />Vice Chairman Richard N. Bird Aye <br />Commissioner Fran B. Adams Aye <br />Commissioner Kenneth R. Macht Aye <br />Commissioner John W. Tippin Aye <br />The Chairman thereupon declared the Resolution duly passed and adopted <br />this 2_ day of November , 1992. <br />BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY FLORIDA <br />By: ;e, ,Z� <br />Caro .tbger <br />MARGARET BOWMAN/FRS PENSION - Budget Amendment 003 <br />The Board reviewed memo from Personnel Director Jack Price <br />dated November 17, 1992: <br />----------- w <br />James Chandler, Date: November 17, 1992 <br />County Administrator <br />Budget Amendment 003 <br />From: Jack Price, Personnel Sub: M. Bowman -FRS Pension <br />--------- L ------------------- 4L ------------------------------ <br />Indian River County employees are participants in the Florida <br />Retirement System, funded by employer paid contributions. <br />Membership is divided into classes including Regular Class, Special <br />Risk Class, Special Risk Administrative Support Class, Senior <br />Management Service Class, and Elected State and County Officers' <br />Class. Each membership class has a separate funding contribution <br />rate which is based on the vesting and benefit level for the class. <br />The Elected State and County Officers' Class was first known as <br />Elected State Officers' Class and included the governor, cabinet <br />members, legislators and certain members of the state judicial <br />System. Florida Statute Section 121.052 was enacted by the 1981 <br />Legislature to allow elected county officers the option to join the <br />Elected State Officers' Class. Commissioner Bird was elected 11-80 <br />and transferred to ESOC 11-81; former Commissioner Scurlock was <br />elected 11-80 and transferred to ESOC 7-81; Commissioner Eggert and <br />former Commissioner Wheeler were elected 11-86 in ESOC as were our <br />new Commissioners Adams, Macht and Tippin this month. <br />County Commissioner Magaret Bowman was appointed April 6, 1983. <br />She was placed in the Regular Class membership instead of the <br />Elected State Officers' Class membership. Her membership in that <br />class continued until her retirement this month and funding <br />contributions were based on the Regular Class rate during her <br />employment here (as much as 8% lower that ESOC). <br />48 <br />