Notice of Development of Rulemaking

STATE BOARD OF ADMINISTRATION
RULE NO: RULE TITLE
19-11.003: Distributions from FRS Investment Plan Accounts
19-11.005: FRS Investment Plan Complaint Procedures
19-11.006: Enrollment Procedures for New Hires
19-11.007: Second Election Enrollment Procedures for the FRS Retirement Programs
PURPOSE AND EFFECT: To each rule to adopt revised forms; to amend the enrollment rule for new hires to provide a definition of “electronic means,” to amend the distributions rule and the second enrollment rule to clarify procedures regarding a Pension Plan member who has a remaining balance in his Investment Plan account after buying back into the Pension Plan.
SUBJECT AREA TO BE ADDRESSED: Revised forms; to adopt a definition of “electronic means,” and to clarify distributions to Pension Plan members with a balance in their Investment Plan accounts.
SPECIFIC AUTHORITY: 121.4501(3)(c)4., (8)(a) FS.
LAW IMPLEMENTED: 120.569, 120.57, 120,573, 121.012(29), (39), 121.051, 121.055, 121.35, 121.4501(2),(3), (4), (5), (6), (8)(b)4., (9)(f)3., (15)(b), 121.591, 121.73, 121.77, 121.78, 215.44(8)(b), 1012.875(3) FS.
IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:
TIME AND DATE: Monday, February 9, 2009, 9:00 a.m. – 11:00 a.m.
PLACE: Room 116 (Hermitage Conference Room), 1801 Hermitage Blvd., Tallahassee, Florida
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Ms. Morea. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Cindy Gokel, Assistant General Counsel, Office of the General Counsel, State Board of Administration, 1801 Hermitage Blvd., Tallahassee, FL 32308; (850)413-1199
THE PRELIMINARY DISCUSSION DRAFT OF THE PROPOSED RULES WILL BE AVAILABLE FOR DISTRIBUTION ON JANUARY 23, 2009.
Copies of the proposed rules may be obtained from: Cindy Morea, State Board of Administration, P. O. Box 13300, Tallahassee, FL 32317-3300; telephone (850)413-1491

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.