5905377, 60T-1.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 5905377

Notice of Meeting/Workshop Hearing

Department:

DEPARTMENT OF MANAGEMENT SERVICES

Division:

Division of Retirement - Local Retirement

Chapter:

LOCAL RETIREMENT SYSTEMS

Overview

RULE:

60T-1.001	Scope and Purpose
60T-1.002	Definitions
60T-1.003	Actuarial Reports
60T-1.004	Actuarial Impact Statements
60T-1.005	Review of Actuarial Reports and Actuarial Impact Statements (Repealed)
60T-1.006	Defined Contribution Plans
60T-1.007	Funding
60T-1.008	Biennial Report of Decision-Making in Voting and Adherence to Fiduciary Standards
60T-1.009	Additional Filing Requirements

The Division of Retirement announces a workshop to which all persons are invited.

DATE AND TIME:

PLACE:

Subject:

The oversight of local government retirement plans by the Division of Retirement of the Department of Management Services, as provided in Part VII, Chapter 112, Florida Statutes.

This is a continuation of the rule development workshop held on July 14, 2008, in Tallahassee to receive comments on draft rules for Chapter 60-T published in the June 27, 2008, Administrative Weekly. Rule chapter 60T sets forth the rules under which municipal and special district units of government are to provide information on their retirement plans to the Department of Management Services, Division of Retirement, pursuant to Part VII of Chapter 112, F.S. The provisions of this chapter are applicable to all counties, municipal governments, special districts (or agencies and instrumentalities thereof), state universities, community colleges or district schools that operate or administer a retirement plan for public employees funded in whole or in part by public funds. This chapter does not apply to counties, municipalities, special districts, state universities, community colleges, or district schools with respect to any of their employees which participate as a covered group in the Florida Retirement System, except that this chapter does apply to any defined benefit promise that may be offered by any Florida Retirement System participating agency which promise is not otherwise provided by the Florida Retirement System. This chapter applies to counties, municipalities, state universities, community colleges, or district schools with respect to any of their employees for whom early retirement annuities are provided pursuant to ss. 121.182, 1001.64(21), 1001.74(19), 1012.685, or 1012.87, F.S.

A copy of the agenda may be obtained by contacting: Garry Green, Operations and Management Consultant Manager, Department of Management Services, Division of Retirement, 1317 Winewood Blvd., Bldg. 8, Tallahassee, FL 32399-1560, (850) 488-5706. A copy of the the preliminary draft may also be obtained by contacting Garry Green as indicated.

PRINT PUBLISH DATE:

7/25/2008 Vol. 34/30

REFERENCE MATERIALS:

No reference(s).

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