18299164, 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: 18299164

Notice of Proposed Rule

Department:

STATE BOARD OF ADMINISTRATION

Chapter:

ROLES AND RESPONSIBILITIES FOR THE PUBLIC EMPLOYEE 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 Participating Employers in the Florida Retirement System
19-13.004	Role and Responsibilities of Third Party Vendors

PURPOSE:

To update certain information regarding the duties and responsibilities of the State Board of Administration ("SBA"), the Division of Retirement ("Division"), participating employers and the SBA's third party vendors concerning the FRS Investment Plan. Special mention is made of the fact that the Division will administer in-line of duty death benefits for Investment Plan members.

SUMMARY:

To update and clarify information for the benefit of the public. There are no other rules incorporating these proposed amended rules. The proposed amendments do not have an impact on any other rules. Legislative ratification of the rule amendments is not required.

RULEMAKING AUTHORITY:

121.4501(8) FS.

LAW:

121.4501(4), (8) (9), (10), (14), (15), (19); 121.591(4) FS.

PRINT PUBLISH DATE:

11/23/2016 Vol. 42/228

COMMENTS:

From 11/23/2016 To 12/14/2016 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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