12189231, 19-13.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 12189231

Notice of Proposed Rule

Department:

STATE BOARD OF ADMINISTRATION

Chapter:

ROLES AND RESPONSIBILITIES FOR THE PUBLIC MPLOYEE OPTIONAL RETIREMENT PROGRAM

Overview

RULE:

19-13.001	Roles and Responsibilities of the State Board of Administration of Florida
19-13.002	Roles and Responsibilities of Division of Retirement within the Department of Management Services
19-13.003	Role and Responsibilities of State, School District, and Local Employers Participating in the Florida Retirement System
19-13.004	Role and Responsibilities of Third Party Vendors

PURPOSE:

Amendments are being made to Rule 19-13.001, F.A.C., to update the name of the “Summary Plan Document” to the “Summary Plan Description,” and to clarify that the "defined benefit plan" referred to in the rule is he "FRS Pension Plan, while the "defined contribution plan" referred to in the rule is the "FRS Investment Plan."  Rule 19-13.002, F.A.C, is being amended to update a statutory reference.  Minor technical revisions are being made to all of the rules in this chapter for clarification purposes.

SUMMARY:

To update information, to update a statutory reference, and to make minor technical revisions for clarification purposes. There are no other rules incorporating any of these proposed rules.  Legislative ratification of these rule amendments is not required.

RULEMAKING AUTHORITY:

121.4501(8), FS.

LAW:

112.3173, 121.091(5), 121.4501(4), (5), (8), (9), (10), (14), (15), (19), 121.71, 121.72, 121.73, 121.74, 121.76, 121.77, 121.78, FS.

PRINT PUBLISH DATE:

10/24/2012 Vol. 38/57

COMMENTS:

From 10/24/2012 To 11/14/2012 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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