Florida § 121.095 - Florida Retirement System Preservation of Benefits Plan Trust Fund.
Full text of Florida Florida Statutes § 121.095 — Florida Retirement System Preservation of Benefits Plan Trust Fund., with citation guidance and answers to common questions.
§ 121.095. Florida Retirement System Preservation of Benefits Plan Trust Fund.
(1) The Florida Retirement System Preservation of Benefits Plan Trust Fund is created within the Division of Retirement. (a) Funds to be credited to the trust fund shall consist of Florida Retirement System monthly retirement contributions required to meet the requirements for payment of restored benefits under the Florida Retirement System Preservation of Benefits Plan, as specified in s. 121.1001. (b) The trust fund shall be maintained and utilized solely for the purpose of providing benefits under the Preservation of Benefits Plan, as specified in s. 121.1001. (c) The trust fund shall be separate and apart from the Florida Retirement System Trust Fund. The trust fund moneys and assets shall not be commingled with nor ever receive a transfer of moneys and assets from the remainder of the Florida Retirement System, including, but not limited to, the Florida Retirement System Trust Fund, or any other qualified retirement plan administered by the Division of Retirement. (d) The trust fund shall be funded on a month-to-month basis. Trust fund assets shall not be accumulated to pay future benefits. (2) Any balance in the trust fund at the end of any fiscal year shall remain in the trust fund at the end of the year and shall only be available for paying administrative expenses of the Preservation of Benefits Plan for the current plan year or for future plan years. (3) The Legislature declares that the Florida Retirement System Preservation of Benefits Plan Trust Fund is exempt from the automatic termination provisions of s. 19(f)(3), Art. III of the State Constitution.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 121.095
What does Florida Statutes § 121.095 cover?
Section 121.095 ("Florida Retirement System Preservation of Benefits Plan Trust Fund.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 121.095?
A common citation format is "Florida Statutes § 121.095" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 121.095 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.