4248229, 60U-1.006 - Florida Administrative Rules, Law, Code, Register

Home

Florida Department of State and Division of Library and Information Services

Notice: 4248229

Notice of Proposed Rule

Department:

DEPARTMENT OF MANAGEMENT SERVICES

Division:

Division of Retirement - Optional Retirement Program

Chapter:

OPTIONAL RETIREMENT PROGRAM PARTICIPATION

Overview

RULE:

60U-1.006

Approved Forms (Repealed)

PURPOSE:

This rule amendment deletes two Division forms, adopts two new Division forms and adopts by reference a State Board of Administration form.

SUMMARY:

The two deleted Division Forms:
ORP-1 became obsolete as a result of Chapter 99-252 of the Laws of Florida that expanded SUSORP eligibility to include all administrative and professional positions that are exempt from career service.
ORP-16 is no longer an agency maintained form. Responsibility for this form is now maintained by the State Board of Administration as provided in Section 121.4501, F.S.
The two new Division Forms:
ORP-16a was created to replace the part of the ORP 16 (now a State Board of Administration maintained form as noted above), which allows the SUSORP participants to make changes to the distribution of employer and employee contributions as well as the companies they have selected to receive them distributions. The amendment solicits the information necessary for the Division to direct such contributions as provided in Section 121.35(4)(a), F.S.
ORP-ETF was created as a supplementary statement for distributions, creating a Division record of termination and ensuring participant meets the definition of termination as provided in Section 121.021(39), F.S.
The SBA Form adopted by reference:
ORP-16, the State Board of Administration Enrollment and Election Form for the Florida Retirement System, as described in Section 121.4501, F.S., is adopted by reference within this Rule Chapter.

RULEMAKING AUTHORITY:

121.031 FS.

LAW:

1.01, 112.215, 112.361, 112.363, 120.55, 121.011, 121.015, 121.021, 121.031(2), 121.051, 121.0515, 121.081, 121.091, 121.111, 121.1115, 121.1122, 121.121, 121.125, 121.4501, 121.591, 122.08, 122.09, 215.28, 238.05, 238.06, 238.07, 689.21, 1012.01 FS.

PRINT PUBLISH DATE:

6/8/2007 Vol. 33/23

COMMENTS:

From 6/8/2007 To 6/29/2007 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

Under Florida law, E-mail addresses are public records. If you do not want your E-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.