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Florida Amendment 8, Increases in Retirement Benefits Amendment (1976)

From Ballotpedia
Florida Amendment 8

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Election date

November 2, 1976

Topic
Public employee retirement funds
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Florida Amendment 8 was on theballot as alegislatively referred constitutional amendment inFlorida onNovember 2, 1976. It wasapproved.

A“yes” votesupported requiring that increases in governmental supported retirement system funds be fully funded by the governmental unit.

A“no” voteopposed requiring that increases in governmental supported retirement system funds be fully funded by the governmental unit.


Election results

Florida Amendment 8

ResultVotesPercentage

ApprovedYes

1,254,41362.39%
No756,04337.61%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Amendment 8 was as follows:

Proposing to add Section 14 to Article X of the State Constitution to provide that increases in the benefits payable under any governmental supported retirement system after January 1, 1977, be fully funded by the governmental unit.

Full Text

The full text of this measure is availablehere.


Constitutional changes

ARTICLE X
MISCELLANEOUS

Section 14. State Retirement Systems Benefit Changes. A governmental unit responsible for any retirement or pension system supported in whole or in part by public funds shall not after January 1, 1977, provide any increase in the benefits to the members or beneficiaries of such system unless such unit has made or concurrently makes provision for the funding of the increase in benefits on a sound actuarial basis.

Path to the ballot

See also:Amending the Florida Constitution

A 60% vote was required during one legislative session for theFlorida State Legislature to place a constitutional amendment on the ballot. That amounted to a minimum of 51 votes in theFlorida House of Representatives and 18 votes in theFlorida State Senate, assuming no vacancies. Amendments did not require the governor's signature to be referred to the ballot. Amendments on the ballot required a simple majority vote in this year.

See also


External links

Footnotes

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