15203506, 60S-1.0075 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 15203506

Notice of Proposed Rule

Department:

DEPARTMENT OF MANAGEMENT SERVICES

Division:

Division of Retirement

Chapter:

MEMBERSHIP

Overview

RULE:

60S-1.0075

Transfer, Merger, or Consolidation of Governmental Units, Services, or Functions

PURPOSE:

To address the membership status of members of a local retirement system whose employer becomes covered under the Florida Retirement System due to agency join, transfer, merger or consolidation and participate in a Deferred Retirement Option Program for the local retirement plan.

SUMMARY:

Amending the rule to address Florida Retirement System (FRS) membership status of employees of a local retirement system whose employer becomes covered under the FRS due to agency join, transfer, merger or consolidation and those members participating in a Deferred Retirement Option Program at the local retirement plan.

RULEMAKING AUTHORITY:

121.031 FS.

LAW:

112.0515, 121.011, 121.081 FS.

PRINT PUBLISH DATE:

10/23/2014 Vol. 40/207

COMMENTS:

From 10/23/2014 To 11/13/2014 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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