RULE NO.: RULE TITLE:
19-11.002: Beneficiary Designation for FRS Investment Plan
19-11.003: Distributions from FRS Investment Plan Accounts
19-11.009: Reemployment with an FRS-covered Employer after Retirement
The State Board of Administration announces a public meeting to which all persons are invited.
DATE AND TIME: Thursday, June 16, 2011, 9:00 a.m. – until conclusion
PLACE: Cabinet Meeting Room, Lower Level, The Capitol, Monroe Street and Apalachee Parkway, Tallahassee, Florida
GENERAL SUBJECT MATTER TO BE CONSIDERED: The Trustees of the State Board of Administration will consider proposed amendments to the following rules and will be asked for permission to file for adoption: Rule 19-11.002, F.A.C., Beneficiary Designation for FRS Investment Plan; Rule 19-11.003, F.A.C., Distributions from FRS Investment Plan Accounts; and Rule 19-11.009, F.A.C., Reemployment with an FRS-covered Employer after Retirement. The proposed amendments provide updated information and procedures pertaining to naming beneficiaries and to seeking documentation of disbursements made prior to a certain date; indicate that a beneficiary who intentionally kills or procures the death of a member forfeits all rights to the member’s benefits; provide updated information applicable to employees who are rehired after retirement; and adopt a form. Notice of Proposed Rule for these rules was published in the F.A.W., on April 22, 2011. A rule hearing was offered on May 16, 2011, but was not held because it was not requested.
A copy of the agenda may be obtained by contacting: Diane Bruce, State Board of Administration, 1801 Hermitage Blvd., Suite 100, Tallahassee, Florida 32308, (850)413-1253.
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Tina Joanos, Agency Clerk, Office of the General Counsel, State Board of Administration, 1801 Hermitage Blvd., Suite 100, Tallahassee, FL 32308. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).
If any person decides to appeal any decision made by the Board with respect to any matter considered at this meeting or hearing, he/she will need to ensure that a verbatim record of the proceeding is made, which record includes the testimony and evidence from which the appeal is to be issued.
For more information, you may contact: Ruth A. Smith, Assistant General Counsel, State Board of Administration, 1801 Hermitage Blvd., Suite 100, Tallahassee, Florida 32308, (850)413-1182, ruth.smith@sbafla.com.