27641622, 60T-1.002 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 27641622

Notice of Development of Rulemaking

Department:

DEPARTMENT OF MANAGEMENT SERVICES

Division:

Division of Retirement - Local Retirement

Chapter:

LOCAL RETIREMENT SYSTEMS

Overview

RULE:

60T-1.002	Definitions
60T-1.008	Biennial Report of Decision-Making in Voting and Adherence to Fiduciary Standards

PURPOSE:

To create a rule to address the method by which local government retirement systems or plans submit biennial reports required by s. 112.662, F.S. to the Department of Management Services.

SUBJECT:

This rule addresses the biennial report which must be filed by local government retirement systems or plans by December 15 in each odd-numbered year detailing the plan’s governance policies concerning decision-making in vote decisions and adherence to fiduciary standards as required by s. 112.662, F.S.

RULEMAKING AUTHORITY:

112.662, 112.665(1), F.S.

LAW:

112.63, 112.64, 112.661, 112.662, 112.664, 112.665, F.S.

PRINT PUBLISH DATE:

10/5/2023 Vol. 49/194

RELATED STATUTES
AND LAWS:

112.662, 112.665(1), F.S., 112.63, 112.64, 112.661, 112.662, 112.664, 112.665, F.S.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://www.flrules.org/gateway/ruleno.asp?id=60T-1.002&PDate=10/5/2023&Section=1

REFERENCE MATERIALS:

No reference(s).

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