6684481, 19-11.003 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 6684481

Notice of Development of Rulemaking

Department:

STATE BOARD OF ADMINISTRATION

Chapter:

PROCEDURES FOR THE PUBLIC EMPLOYEE OPTIONAL RETIREMENT PROGRAM

Overview

RULE:

19-11.003	Distributions from FRS Investment Plan Accounts
19-11.005	Florida Retirement System (FRS) State Board of Administration Complaint Procedures
19-11.006	Enrollment Procedures for New Hires
19-11.007	Second Election Enrollment Procedures for the Florida Retirement System Retirement Programs

PURPOSE:

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:

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.

RULEMAKING AUTHORITY:

121.4501(3)(c)4., (8)(a) FS.

LAW:

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.

PRINT PUBLISH DATE:

1/23/2009 Vol. 35/03

RELATED STATUTES
AND LAWS:

121.4501(3)(c)4., (8)(a) FS., 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.

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=19-11.003&PDate=1/23/2009&Section=1

REFERENCE MATERIALS:

No reference(s).

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