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best administration of an insurance plan that the County has ever <br />experienced. <br />Commissioner Eggert asked Director Baker, for the record, if <br />there was any increased liability with him being named the Plan <br />Administrator, and Director Baker answered, "No, we will be covered <br />by the laws of Florida." He and Attorney Collins have gone over <br />that in great detail. <br />Attorney Vitunac noted that there is a change in Article 6.4. <br />Jurisdiction is in Palm Bay County, Florida, rather than Duval <br />County. <br />THE CHAIRMAN CALLED FOR THE MOTION. The Motion to <br />approve the contracts passed unanimously, 4-0 <br />(Commissioner Bird being absent.) <br />CONTRACTS ARE ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />FLORIDA RETIREMENT SYSTEM PENSION - COMMISSIONER <br />The Board reviewed the following memo dated 9/25/96: <br />DATE: September 25, 1996 r „ <br />TO: James Chandler, <br />County.Administrator <br />AR <br />FROM: RonTaker, <br />Personnel Director <br />SUBJECT. Dick Bird - FRS Pension <br />Indian River County employees are participants in; the Florida Retirement System (FRS), <br />which is funded by employer paid contributions. Membership is divided into classes <br />including Regular, Special Risk, Special Risk Administrative Support, Senior Management <br />Service, and Elected State and County Officers. Each membership class has a separate <br />funding contribution rate that is based on the vesting and benefit level for the class. <br />The Elected State and County Officers' Class (ESCOC) was first known as the Elected <br />State Officers' Class and included the governor, cabinet members, legislators, and certain <br />members of the state judicial system. Florida Statute Section 121.052, enacted in 1981, <br />provided elected county officers the option of joining the ESCOC. <br />69 BOOK 99 Pn.012 <br />OCTOBER 1, 1996 <br />