5802945, 60T-1.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 5802945

Notice of Development of Rulemaking

Department:

DEPARTMENT OF MANAGEMENT SERVICES

Division:

Division of Retirement - Local Retirement

Chapter:

LOCAL RETIREMENT SYSTEMS

Overview

RULE:

60T-1.001	Scope and Purpose
60T-1.002	Definitions
60T-1.003	Actuarial Reports
60T-1.004	Actuarial Impact Statements
60T-1.005	Review of Actuarial Reports and Actuarial Impact Statements (Repealed)
60T-1.006	Defined Contribution Plans
60T-1.007	Funding
60T-1.008	Biennial Report of Decision-Making in Voting and Adherence to Fiduciary Standards
60T-1.009	Additional Filing Requirements

PURPOSE:

Amend this chapter which sets forth the rules under which municipal and special district units of government are to provide information on their retirement systems plans to the Department of Management Services, Division of Retirement, (Bureau of Program Services) pursuant to Part VII of Chapter 112, Florida Statutes (F.S.). The provisions of this chapter is applicable to all counties, municipal governments, and special districts (or agencies and instrumentalities thereof), which state universities, community colleges and district schools that operate or administer a retirement system or plan for public employees funded in whole or in part by public funds.

SUBJECT:

The participation of local governments in the Florida State Retirement System, as provided in Part VII, Chapter 112, Florida Statutes.

RULEMAKING AUTHORITY:

112.665(1) FS.

LAW:

112.661(9), 112.61, 112.625, 112.63, 112.665, 112.64, 112.661(9) FS.

PRINT PUBLISH DATE:

6/27/2008 Vol. 34/26

RELATED STATUTES
AND LAWS:

112.665(1) FS., 112.661(9), 112.61, 112.625, 112.63, 112.665, 112.64, 112.661(9) FS.

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-1.001&PDate=6/27/2008&Section=1

REFERENCE MATERIALS:

No reference(s).

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