28288903, 69C-6.003 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 28288903

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Division of Treasury

Chapter:

STATE OF FLORIDA EMPLOYEES DEFERRED COMPENSATION PLAN

Overview

RULE:

69C-6.003

The Plan; Prescribed Forms

PURPOSE:

The rulemaking adopts new forms to implement the Roth 457b payroll contribution option to the State of Florida Employees Deferred Compensation Plan (Plan) participants; to clarify and simplify the Plan’s investment policy for product selection and retention in Form DFS-J3-1541; and to amend Article VII Death Benefits, paragraph 8.03(a)3 of Form DFS-J3-1176, to remove the prohibition of a beneficiary designating a beneficiary.

SUBJECT:

The State of Florida Employees Deferred Compensation Plan.

RULEMAKING AUTHORITY:

112.215, F.S.

LAW:

112.215, F.S.

PRINT PUBLISH DATE:

4/23/2024 Vol. 50/80

RELATED STATUTES
AND LAWS:

112.215, F.S., 112.215, F.S.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=69C-6.003&PDate=4/23/2024&Section=1

REFERENCE MATERIALS:

No reference(s).

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