To update certain information regarding the duties and responsibilities of the State Board of Administration ("SBA"), the Division of Retirement ("Division"), participating employers and the SBA's third party vendors concerning the FRS Investment ...

 

STATE BOARD OF ADMINISTRATION

RULE NOS.:RULE TITLES:

19-13.001Roles and Responsibilities of the State Board of Administration of Florida

19-13.002Roles and Responsibilities of Division of Retirement within the Department of Management Services

19-13.003Role and Responsibilities of State, School District, and Local Employers Participating in the Florida Retirement System

19-13.004Role and Responsibilities of Third Party Vendors

PURPOSE AND EFFECT: To update certain information regarding the duties and responsibilities of the State Board of Administration ("SBA"), the Division of Retirement ("Division"), participating employers and the SBA's third party vendors concerning the FRS Investment Plan. Special mention is made of the fact that the Division will administer in-line of duty death benefits for Investment Plan members.

SUBJECT AREA TO BE ADDRESSED: To update and clarify information for the benefit of the public.

RULEMAKING AUTHORITY: 121.4501(8) FS.

LAW IMPLEMENTED: 121.4501(4), (8) (9), (10), (14), (15), (19) 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: Friday, October 21, 2016, 9:00 a.m. – 11:00 a.m.

PLACE: Room 116 (Hermitage Conference Room), 1801 Hermitage Blvd., Tallahassee, FL 32308

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 5 days before the workshop/meeting by contacting: Tina Joanos, Agency Clerk, Office of the General Counsel, State Board of Administration, 1801 Hermitage Blvd., Tallahassee, FL 32308, [phone], [e-mail]. 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: Ruth A. Smith, Assistant General Counsel, Office of the General Counsel, State Board of Administration, 1801 Hermitage Blvd., Tallahassee, FL 32308, [phone], [e-mail]

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