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Rules Open for Comments
Notice: 17797771
Notice of Proposed Rule
Department:
DEPARTMENT OF MANAGEMENT SERVICES
Division:
Division of Retirement
Chapter:
BENEFITS
Overview
RULE:
60S-4.0035
Retirement Application and Effective Retirement Date
60S-4.008
Benefits Payable Upon Death
60S-4.009
Benefits Payable After Termination
60S-4.010
Retirement Benefit Payment Options
60S-4.011
Designation of Beneficiary
PURPOSE:
Amend forms including FST-11B, TR-11, FR-11, PR-13, FR-13, SVF-2, SRF-2, SRF-3, FRS-M81, JA-1, FST-12, and BEN-001. Create new form for Investment Plan members in the Special Risk Class. Amend birth verification documents and to require a marriage certificate at the time of application for members choosing option 3 or 4.
SUMMARY:
To create a new beneficiary designation form for Special Risk Class members in the Investment Plan. To amend forms, including FST-11B, SVF-2, SRF-2, and the SRF-3 to address additional information for Special Risk members, forms TR-11, FR-11, PR-13, JA-1, FST-12, BEN-001 and the FR-13 to include contact information for beneficiaries, and form FRS-M81 to provide clarification and expand the explanation of the termination requirements for members seeking a refund of their employee contributions. To update rule language, including language pertinent to SB 7012 which provides death benefits to the surviving spouse or children at 100% of the member’s salary. To update rule language to amend documentation accepted for proof of birth verification. To require the submission of a marriage certificate the time of application for retirement if a member is choosing option 3 or 4 and naming their spouse as their beneficiary.
RULEMAKING AUTHORITY:
121.031
,
121.4501(8)
,
121.052(14) FS.
LAW:
121.055
,
121.021
,
121.091
,
121.4501(16)
,
121.591(2)
,
121.052
,
121.031(2) FS.
PRINT PUBLISH DATE:
7/21/2016
Vol. 42/141
COMMENTS:
From
7/21/2016
To
8/11/2016
(21 Days)
The public comment period for this notice has already expired.
REFERENCE MATERIALS:
Ref-00349 FR-11 (Rev. 11/10)
Ref-00350 FR-13 (Rev. 07/06)
Ref-00358 FRS-M81 (Rev. 05/11)
Ref-00359 FST-11b (Rev. 12/02)
Ref-00362 FST-11so2 (Rev. 12/02)
Ref-00364 JA-1 (Rev. 12/02)
Ref-00367 PR-13 (Rev. 07/06)
Ref-00379 SRF-2 (Rev. 07/99)
Ref-00380 SRF-3 (Rev. 07/99)
Ref-00381 SVF-2 (Rev. 07/99)
Ref-00382 TR-11 (Rev. 09/07)
Ref-00383 TR-11c (Rev. 12/02)
Ref-03976 BEN-001 Rev 09/13
Ref-03977 FST-12 Rev. 09/13
Ref-06736 FST-11G
Ref-06737 REF-PAYT