To clarify the requirements needed to comply with section 112.664, FS., with regard to reporting standards for local government defined benefit retirement plans or systems as enacted in Chapter 2013-100, Laws of Florida SB 534.

 

DEPARTMENT OF MANAGEMENT SERVICES

Division of Retirement - Local Retirement

RULE NO.:RULE TITLE:

60T-1.0035Additional Actuarial Disclosures

PURPOSE AND EFFECT: To clarify the requirements needed to comply with Section 112.664, FS., with regard to reporting standards for local government defined benefit retirement plans or systems as enacted in Chapter 2013-100, Laws of Florida SB 534.

SUBJECT AREA TO BE ADDRESSED: Additional Actuarial Disclosures

RULEMAKING AUTHORITY: 112.665 FS.

LAW IMPLEMENTED: 112.664 FS.

IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE REGISTER.

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 48 hours before the workshop/meeting by contacting: Todd Gunderson, Operations and Pension Analyst at [phone]. 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).

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Garry Green, Bureau Chief of Research and Member Communications, Department of Management Services, Division of Retirement, 1317 Winewood Blvd., Bldg. 8, Tallahassee, FL 32399-1560, [phone]

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