After making the transfers required pursuant to ss. 121.71, 121.72, 121.73, 121.735, and 121.74, the monthly balance of funds in the Florida Retirement System Contributions Clearing Trust Fund shall be transferred to the Florida Retirement System Trust Fund to pay the costs of providing pension plan benefits and plan administrative costs under the pension plan.
Fla. Stat. § 121.75
Allocation for pension plan
Known as the Florida Retirement System Act
The act spans §§ 121.011 to 121.78 (68 sections).
History.--s. 1, ch. 2002-177; s. 37, ch. 2011-68; s. 8, ch. 2016-213.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.