Rule: 60S-11.004 Prev   Up   Next

Rule Title: Benefits
Department: DEPARTMENT OF MANAGEMENT SERVICES    Add to MyFLRules Favorites
Add to MyFLRules Favorites
Division: Division of Retirement
Chapter: DEFERRED RETIREMENT OPTION PROGRAM

Latest version of the final adopted rule presented in Florida Administrative Code (FAC):

VIEW_RULE Effective Date: 8/6/2026
History Notes: Rulemaking Authority 121.031, 121.091(13)(k) FS. Law Implemented 121.091, 121.131 FS. History–New 9-16-03, Amended 4-5-12, 3-25-13, 5-19-14, 4-17-17, 9-30-18, 8-6-26.
References in this version: Ref-19516 Form DP-EXT - Florida Retirement System Pension Plan Extension of Deferred Retirement Option Program (DROP) for Specified K-12 Personnel
Ref-19517 Form DP-12 - Florida Retirement System Pension Plan Beneficiary Designation Form for the Alternate Payee of a DROP Participant
Ref-19518 Form DP-TERM - Florida Retirement System Pension Plan Deferred Retirement Option Program (DROP) Termination Notification
Ref-19519 Form DP-VOID - Florida Retirement System Pension Plan Deferred Retirement Option Program (DROP) Void Form
Ref-19520 Form DP-TEOC-2 - Florida Retirement System Pension Plan Deferred Retirement Option Program (DROP) Elected Officer DROP Termination Notification
Ref-19521 Form DP-TEOC-3 - Florida Retirement System Pension Plan Deferred Retirement Option Program (DROP) Elected Officer Employment Termination Notification
Ref-19522 Form DP-Joint - Florida Retirement System Pension Plan Deferred Retirement Option Program (DROP) Joint Annuitant Verification
Ref-19523 Form DP-PAYT - Florida Retirement System Pension Plan Deferred Retirement Option Program (DROP) Selected Payout Method
History of this Rule since Jan. 6, 2006
Notice /
Adopted
Section Description ID Publish
Date
View Text Final
60S-11.004
Benefits 31148560 Effective:
08/06/2026
View Text Withdrawal
60S-11.001
......
Definitions, Benefits 31116453 7/14/2026
Vol. 52/135
View Text Change
60S-11.001
......
Definitions, Benefits 31101127 7/10/2026
Vol. 52/133
View Text Correction
60S-11.002
......
Participation, Benefits 31081242 7/8/2026
Vol. 52/131
View Text Correction
60S-11.002
......
Participation, Benefits 30989383 6/8/2026
Vol. 52/110
View Text Proposed
60S-11.001
......
To update and clarify policies and procedures related to the administration of the Deferred Retirement Option Program. 30765410 4/20/2026
Vol. 52/76
View Text Development
60S-11.001
......
To update and clarify the rules, along with incorporated forms, and to implement Chapter 2023-193, L.O.F. 30730296 4/1/2026
Vol. 52/63
View Text Disposition
60S-11.004
the Town of Hilliard
  A Final Order on the Petition for Declaratory Statement was issued on April 9, 2024. The Department determined that the amendment ....
28257669 4/11/2024
Vol. 50/72
View Text Misc
60S-11.001
......
NOTICE OF EXTENSION UNDER SECTION 120.74(5), FLORIDA STATUTES 28212952 3/29/2024
Vol. 50/63
View Text Misc
60S-11.001
......
NOTICE OF EXTENSION UNDER SECTION 120.74(5), FLORIDA STATUTES 26993662 3/29/2023
Vol. 49/61
View Text Development
60S-11.001
......
To implement Chapter 2022-159, L.O.F. 26479562 10/31/2022
Vol. 48/212
View Text Final
60S-11.004
Benefits 20907494 Effective:
09/30/2018
View Text Proposed
60S-11.001
......
Remove adoptions of forms DP-ELE and DP-EXT from rule, to be adopted by reference in proper rules; amend language regarding HB/CS 495; amend language and forms regarding SB 7026; amend form DP-11 to include section for applicant’s .... 20733670 8/3/2018
Vol. 44/151
View Text Development
60S-11.001
......
Remove adoptions of forms DP-ELE and DP-EXT from rule, to be adopted by reference in proper rules; amend language regarding HB/CS 495; amend language and forms regarding SB 7026; amend form DP-11 to include section for applicant’s .... 20571098 6/21/2018
Vol. 44/121
View Text Final
60S-11.004
Benefits 18810742 Effective:
04/17/2017
View Text Public Hearing
60S-11.004
The amendment of form DP-PAYT, DROP Selected Payout Method, to require an account number and add a section on page two which clearly indicates ....
  March 10, 2017, 10:00 a.m.
  2450 Shumard Oak Blvd, Bldg 2, Tallahassee, Florida 32399
18667376 2/28/2017
Vol. 43/40
View Text Proposed
60S-11.004
The amendment of form DP-PAYT, DROP Selected Payout Method, to require an account number and add a section on page two which clearly indicates the rollover amount to the custodian. 18321474 11/30/2016
Vol. 42/231
View Text Development
60S-11.004
The amendment of form DP-PAYT, DROP Selected Payout Method, to require an account number and add a section on page two which clearly indicates the rollover amount to the custodian. 17056109 1/27/2016
Vol. 42/17
View Text Development
60S-11.004
To require retirees to establish direct deposit upon exiting the Deferred Retirement Optional Program (DROP). The amendment of this rule will also require submission of a marriage license should a member who previously selected .... 16939612 12/28/2015
Vol. 41/248
View Text Final
60S-11.004
Benefits 14521887 Effective:
05/19/2014
View Text Correction
60S-11.004
Benefits 14461553 4/17/2014
Vol. 40/75
View Text Proposed
60S-11.004
To incorporate by reference one revised division form. The revision is to simplify and clarify the instructions and make the designation choices easier to understand. 14389870 3/31/2014
Vol. 40/62
View Text Development
60S-11.004
To incorporate by reference one revised division form. The revision is to simplify and clarify the instructions and make the designation choices easier to understand. 14104205 1/27/2014
Vol. 40/17
View Text Final
60S-11.004
Benefits 12752025 Effective:
03/25/2013
View Text Proposed
60S-11.001
......
Amending the rules of the Division of Retirement to correspond with statutory changes up through the 2012 Legislative session; deleting obsolete language, correcting a form reference, deleting one obsolete form, incorporating .... 12383037 12/12/2012
Vol. 38/89
View Text Development
60S-11.001
......
Amending the rules of the Division of Retirement to correspond with statutory changes up through the 2012 Legislative session; deleting obsolete language, correcting a form reference, deleting one obsolete form, incorporating .... 12178658 10/19/2012
Vol. 38/54
View Text Final
60S-11.004
Benefits 11330684 Effective:
04/05/2012
View Text Change
60S-11.001
......
Definitions, Participation, Benefits 11105741 2/24/2012
Vol. 38/08
View Text Proposed
60S-11.001
......
The purpose and effect is to amend this rule chapter to correspond with statutory changes up through the 2010 Legislative session, delete obsolete language and make any needed technical changes. 10540134 10/21/2011
Vol. 37/42
View Text Development
60S-11.001
......
Amending the rules of the Division of Retirement to correspond with statutory changes up through the 2010 Legislative session and deleting obsolete language. 8782688 6/18/2010
Vol. 36/24
View Text Final
60S-11.004
Benefits 1926631 Effective:
09/16/2003