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.  

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    DEPARTMENT OF MANAGEMENT SERVICES

    Division of Retirement

    RULE NO.:RULE TITLE:

    60S-11.004Benefits

    PURPOSE AND EFFECT: 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.

    SUBJECT AREA TO BE ADDRESSED: Form DP-PAYT, DROP Selected Payout Method.

    RULEMAKING AUTHORITY: 121.031, 121.091(13)(k) FS.

    LAW IMPLEMENTED: 121.091, 121.131 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:

    DATE AND TIME: February 11, 2016, 10:00 a.m.

    PLACE: 2450 Shumard Oak Blvd., Bldg. 2, Tallahassee, FL 32311

    THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Garry Green, Bureau Chief, Department of Management Services, Division of Retirement, 2450 Shumard Oak Blvd., Bldg. 2, Tallahassee, FL, (850)488-5706

    THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.

Document Information

Subject:
Form DP-PAYT, DROP Selected Payout Method.
Purpose:
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.
Rulemaking Authority:
121.031, 121.091(13)(k) F.S.
Law:
121.091, 121.131 F.S.
Contact:
Garry Green, Bureau Chief, Department of Management Services, Division of Retirement, 2450 Shumard Oak Blvd., Bldg. 2, Tallahassee, FL, (850)488-5706.
Related Rules: (1)
60S-11.004. Benefits