12381291, 60S-3.003 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 12381291

Notice of Proposed Rule

Department:

DEPARTMENT OF MANAGEMENT SERVICES

Division:

Division of Retirement

Chapter:

CONTRIBUTIONS

Overview

RULE:

60S-3.003	Retirement Contributions for Regular, Special Risk, Elected Officer, Special Risk Administrative Support and Senior Management Service Classes of the Pension and Investment Plans of the Florida Retirement System; Contributions for the Retiree Health Insurance Subsidy; and Contributions for the Deferred Retirement Option Program (Repealed)
60S-3.004	Retirement Contributions for Past Service Credit (Repealed)
60S-3.011	Payment of Contributions

PURPOSE:

Amending the rules of the Division of Retirement to correspond with statutory changes up through the 2012 Legislative session and making one technical correction to rule.

SUMMARY:

The amendments set forth update the rule to reflect the statutory contribution rates for fiscal years 2011 and 2012; change the term “city” to “municipality” to coincide with such terminology changes in statute resulting from chapter law 2011-68, and to make miscellaneous technical corrections to rule.

RULEMAKING AUTHORITY:

112.363(7), 121.031 FS

LAW:

112.363, 121.052, 121.052(14), 121.055, 121.055(3), 121.061, 121.071, 121.071(3), (5), 121.081(1), 121.091, 121.091(7), (9), 121.113, 121.122, 121.30, 121.70, 121.71, 121.72, 121.73, 121.74, 121.75, 121.76 FS.

PRINT PUBLISH DATE:

12/12/2012 Vol. 38/89

COMMENTS:

From 12/12/2012 To 1/2/2013 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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