To adopt new rules and amend existing rules for the FRS Investment Plan to reflect recent legislative and policy changes.

STATE BOARD OF ADMINISTRATION

RULE NO: RULE TITLE
19-11.002: Beneficiary Designation for FRS Investment Plan
19-11.003: Distributions from FRS Investment Plan Accounts and Reemployment with an FRS-covered Employer
19-11.004: Excessive Trading in the FRS Investment Plan
19-11.005: FRS Investment Plan Complaint Procedures
19-11.006: Enrollment Procedures for New Hires
19-11.007: Second Election Enrollment Procedures for the FRS Retirement Programs
19-11.008: Forfeitures
19-11.009: Reemployment with an FRS-covered Employer after Retirement
19-11.010: FRS Investment Plan: Privacy
PURPOSE AND EFFECT: To adopt new rules and amend existing rules for the FRS Investment Plan to reflect recent legislative and policy changes.
SUBJECT AREA TO BE ADDRESSED: Beneficiary designations; distributions from Plan accounts; excessive trading; complaint procedures; forfeitures; re-employment after retirement; and privacy.
SPECIFIC AUTHORITY: 121.4501(3)(c)4., (8)(a) FS.
LAW IMPLEMENTED: 119.071, 120.569, 120.57, 120.573, 121.021(29), (39), 121.051, 121.055, 121.35, 121.091(5), (8), (9)(b)(c), 121.4501(2), (3), (4), (5), (6), (8)(b)4., (9)(f)3., (13), (14), (15)(b), (19), (20), 121.591(1)(a)4., (3), 121.73, 121.78, 215.44(8)(b), 744.301, 1012.875(3) FS.
IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:
TIME AND DATE: Tuesday, July 10, 2007, 2:00 p.m. – 5:00 p.m.
PLACE: Room 116 (Hermitage Conference Room), 1801 Hermitage Blvd., Tallahassee, Florida
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Cindy Gokel, Assistant General Counsel, Office of the General Counsel, State Board of Administration, 1801 Hermitage Blvd., Tallahassee, FL 32308; [phone]
THE PRELIMINARY DISCUSSION DRAFT OF THE PROPOSED RULES WILL BE AVAILABLE FOR DISTRIBUTION ON JUNE 26, 2007
Copies of the proposed rules may be obtained from: Cindy Morea, State Board of Administration, P. O. Box 13300, Tallahassee, FL 32317-3300; Tel. [phone]
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop is requested to contact Ms. Morea at least 5 calendar days before the workshop.