The repeal of these rules.

 

DEPARTMENT OF MANAGEMENT SERVICES

Division of Retirement - Optional Retirement Program

RULE NOS.:RULE TITLES:

60U-3.003Employer Funded Benefits

60U-3.004Employee Funded Benefits

60U-3.005Forfeiture of Benefits

PURPOSE AND EFFECT: The repeal of these rules.

SUMMARY: This rule subsection is being repealed and the content will be included in another subsection of this chapter.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION: The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the Agency.

The Agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs or if no SERC is required, the information expressly relied upon and described herein: the economic review conducted by the agency.

Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

RULEMAKING AUTHORITY: 121.031 FS.

LAW IMPLEMENTED: 121.35(5), 121.091(5) FS.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:

DATE AND TIME: January 19, 2016, 10:00 a.m.

PLACE: Division of Retirement, 2450 Shumard Oak Blvd., Building 2, Tallahassee, FL 32311

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Garry Green, Bureau Chief, Department of Management Services, Division of Retirement, 2450 Shumard Oak Blvd., Bldg. 2, Tallahassee, FL, [phone]

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

60U-3.003 Employer Funded Benefits.

Specific Authority 121.031 FS. Law Implemented 121.35(5) FS. History–New 9-5-84, Formerly 22U-3.03, Amended 11-14-91, Formerly 22U-3.003, Amended 10-13-93, Repealed       .

 

60U-3.004 Employee Funded Benefits.

Specific Authority 121.031 FS. Law Implemented 121.35(5) FS. History–New 9-5-84, Formerly 22U-3.04, 22U-3.004, Amended 10-13-93, Repealed       .

 

60U-3.005 Forfeiture of Benefits.

Specific Authority 121.031 FS. Law Implemented 121.091(5) FS. History–New 4-5-95, Amended 2-24-99, Repealed       .

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Dan Drake, Director

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Chad Poppell, Secretary

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: December 16, 2015