Rule: 19-11.008 Prev   Up   Next

Rule Title: Forfeitures
Department: STATE BOARD OF ADMINISTRATION    Add to MyFLRules Favorites
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Division: Departmental
Chapter: PROCEDURES FOR THE PUBLIC EMPLOYEE OPTIONAL RETIREMENT PROGRAM

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

VIEW_RULE Effective Date: 4/22/2024
History Notes: Rulemaking Authority 121.4501(8) FS. 121.021(29), (39), 121.091(5), 121.4501(6), (13), 121.591, 732.802 FS. History–New 11-26-07, Amended 12-8-08, 7-12-12, 8-18-14, 12-30-15, 4-12-17, 2-12-18, 5-11-22, 7-26-23, 4-22-24.
References in this version: No reference(s).
History of this Rule since Jan. 6, 2006
Notice /
Adopted
Section Description ID Publish
Date
View Text Final
19-11.008
Forfeitures 28235456 Effective:
04/22/2024
View Text Proposed
19-11.001
......
Rule 19-11.001 is being amended to update the definition of an exempt transaction to include rollovers of eligible funds; to update the age by which plan members must take Required Minimum Distributions once they terminate .... 28080741 2/21/2024
Vol. 50/36
View Text Development
19-11.001
......
To adopt updated forms; to clarify/correct certain information; to add a definition for “volunteer services.” There are no other rules incorporating these proposed amended rules. The proposed amendments do not have an impact .... 27785473 11/16/2023
Vol. 49/223
View Text Final
19-11.008
Forfeitures 27311337 Effective:
07/26/2023
View Text Proposed
19-11.001
......
Rule 19-11.001 is being amended to add definitions for “default”/“default election” and “electronic signature.” Also, “member” is being revised to include a terminated DROP member who has effectuated a rollover. Rule 19-11.002 .... 27170687 6/5/2023
Vol. 49/108
View Text Development
19-11.001
......
To adopt updated forms; to clarify/correct certain information; to add definitions for “default”/“default election” and “electronic signature.” There are no other rules incorporating these proposed amended rules. The proposed .... 27053899 4/19/2023
Vol. 49/76
View Text Final
19-11.008
Forfeitures 25802599 Effective:
05/11/2022
View Text Proposed
19-11.001
......
To amend Rule 19-11.001, F.A.C. to correct some typographical errors and to add definitions that are used for federal SECURE Act purposes as applied to after-death distributions of members’ FRS Investment Plan accounts, .... 25482208 1/21/2022
Vol. 48/14
View Text Development
19-11.001
......
To adopt updated forms; to clarify/correct certain information; to update definitions and provisions that are applicable to the federal SECURE Act as applied to after-death distributions to beneficiaries of FRS Investment .... 25284910 11/19/2021
Vol. 47/225
View Text Final
19-11.008
Forfeitures 20005976 Effective:
02/12/2018
View Text Correction
19-11.001
......
Definitions, Beneficiary Designations and Distributions for FRS Investment Plan, Distributions from FRS Investment Plan Accounts, Excessive Trading in the FRS Investment Plan, Enrollment Procedures for .... 19763185 11/21/2017
Vol. 43/225
View Text Proposed
19-11.001
......
The rule amendments to Rule 19-11.001 serve to indicate that a “member” of the Investment Plan includes an individual who is deemed to be a renewed member pursuant to Section 121.122, Florida Statutes, which has been amended .... 19587615 10/27/2017
Vol. 43/209
View Text Development
19-11.001
......
The rule amendments to Rule 19-11.001 serve to indicate that a “member” of the Investment Plan includes an individual who is deemed to be a renewed member pursuant to Section 121.122, Florida Statutes, which has been amended .... 19356367 8/30/2017
Vol. 43/169
View Text Final
19-11.008
Forfeitures 18788820 Effective:
04/12/2017
View Text Proposed
19-11.001
......
To amend Rule 19-11.001, F.A.C. to add new definitions for “death in the line of duty” and “special risk member;” to clarify other definitions; and to correct some typographical errors. To amend Rule 19-11.003, F.A.C. to .... 18299067 11/23/2016
Vol. 42/228
View Text Development
19-11.001
......
To amend Rule 19-11.001, F.A.C. to add new definitions for “death in the line of duty” and “special risk member; to clarify other definitions; and to correct some typographical errors. To amend Rule 19-11.003, F.A.C. to .... 18110984 10/6/2016
Vol. 42/195
View Text Final
19-11.008
Forfeitures 16890821 Effective:
12/30/2015
View Text Proposed
19-11.001
......
To amend Rule 19-11.001, F.A.C. to clarify some definitions. To amend Rule 19-11.002, F.A.C. to incorporate the latest version of the beneficiary designation form and to reference the latest versions of the enrollment forms; .... 16465573 9/11/2015
Vol. 41/177
View Text Public Meeting
19-11.001
......
The Trustees of the State Board of Administration of Florida will be asked for permission to file a Notice of Proposed Rulemaking to amend the ....
  September 1, 2015, 9:00 a.m. (ET) – conclusion of the meetin....
  Treasury on the Plaza, 24 Cathedral Place St. Augustine, Flo....
16380989 8/26/2015
Vol. 41/166
View Text Development
19-11.001
......
To amend Rule 19-11.001 to clarify some definitions. To amend Rule 19-11.002 to incorporate the latest version of the beneficiary designation form and to reference the latest versions of the enrollment forms; to indicate .... 16308627 8/5/2015
Vol. 41/151
View Text Final
19-11.008
Forfeitures 14904455 Effective:
08/18/2014
View Text Proposed
19-11.001
......
To amend Rule 19-11.001, F.A.C., to add a definition of “Retirement Date Fund,” and make a technical correction. To amend Rule 19-11.004, F.A.C., to indicate that members having a Self-Directed Brokerage Account (“SDBA”) .... 14751874 6/26/2014
Vol. 40/124
View Text Public Meeting
19-11.001
......
The Trustees of the State Board of Administration of Florida will consider proposed amendments to the following rules and will be asked for ....
  June 17, 2014, 9:00 a.m. (ET) – conclusion of the meeting.
  Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, ....
14641294 6/3/2014
Vol. 40/107
View Text Development
19-11.001
......
To amend Rule 19-11.001, F.A.C., to add a definition of “Retirement Date Fund, ” and make a technical correction. To amend Rule 19-11.004, F.A.C., to indicate that members having a Self-Directed Brokerage Account (“SDBA”) .... 14600069 5/21/2014
Vol. 40/99
View Text Final
19-11.008
Forfeitures 11680369 Effective:
07/12/2012
View Text Proposed
19-11.001
......
To amend Rule 19-11.001, F.A.C., to include all pertinent definitions contained in Rule Chapters 19-11, 19-12 and 19-13, F.A.C., and to update such information. To amend Rule 19-11.002, F.A.C., to set forth information on .... 11483653 5/11/2012
Vol. 38/19
View Text Public Meeting
19-11.001
......
The Trustees of the State Board of Administration of Florida will consider proposed amendments to the following rules and will be asked for ....
  April 24, 2012, 9:00 a.m. (ET) to conclusion of the meeting
  Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, ....
11367932 4/13/2012
Vol. 38/15
View Text Development
19-11.001
......
To amend Rule 19-11.001, F.A.C., to include all pertinent definitions contained in Rule Chapters 19-11, 19-12 and 19-13, F.A.C., and to update such information. To amend Rule 19-11.002, F.A.C., to set forth information on .... 11288295 3/23/2012
Vol. 38/12
View Text Final
19-11.008
Forfeitures 6494652 Effective:
12/08/2008
View Text Public Hearing
19-11.002
......
The Trustees of the State Board of Administration, on October 14, 2008, will consider proposed amended rules and will be asked for permission ....
  Tuesday, October 14, 2008, 9:00 AM until conclusion
  Cabinet Meeting Room, Lower Level, The Capitol, Apalachee Parkway ....
6109174 9/12/2008
Vol. 34/37
View Text Proposed
19-11.002
......
To amend existing rules to add new policies, to change policies, and to address new legislation. 5960958 8/8/2008
Vol. 34/32
View Text Public Hearing
19-11.002
......
The Trustees of the State Board of Administration, on July 29, 2008, will consider proposed amended rules and will be asked for permission to ....
  Tuesday, July 29, 2008; 9:00 AM to conclusion
  Cabinet meeting room, Lower Level, The Capitol, Monroe Street ....
5860951 7/18/2008
Vol. 34/29
View Text Development
19-11.002
......
To amend existing rules to provide updated procedures for the FRS Investment Plan. 5785000 6/27/2008
Vol. 34/26
View Text Final
19-11.008
Forfeitures 4900942 Effective:
11/26/2007
View Text Change
19-11.002
......
Beneficiary Designation for FRS Investment Plan, Distributions from FRS Investment Plan Accounts and Reemployment with an FRS-covered Employer, FRS Investment Plan Complaint Procedures, Forfeitures, Reemployment .... 4711307 10/12/2007
Vol. 33/41
View Text Public Meeting
19-11.002
......
The Trustees will consider proposed new and amended rules and will be asked for permission to file them for adoption. Rule 19-11.002, beneficiary ....
  9AM until conclusion, Tuesday, October 2, 2007
  Cabinet Meeting Room, Lower Level, The Capitol, Apalachee Parkway ....
4587535 9/14/2007
Vol. 33/37
View Text Proposed
19-11.002
......
These rules are promulgated to implement recently adopted policies and to reflect legislative changes.in the FRS Investment Plan. 4482193 8/10/2007
Vol. 33/32
View Text Public Hearing
19-11.002
......
The Trustees of the State Board of Administration, on July 31, 2007, will consider proposed new and amended rules and will be asked for permission ....
  Tuesday, July 31, 2007, 9:00 a.m. – Until conclusion
  Cabinet Meeting Room, Lower Level, The Capitol, Monroe Street ....
4406242 7/20/2007
Vol. 33/29
View Text Development
19-11.002
......
To adopt new rules and amend existing rules for the FRS Investment Plan to reflect recent legislative and policy changes. 4292849 6/22/2007
Vol. 33/25