The Trustees of the State Board of Administration, on April 5, 2011, will consider proposed amendments to the following rules and will be asked for permission to file for notice: Rule 19-11.002, F.A.C., Beneficiary Designation for FRS Investment ...

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
19-11.009: Reemployment with an FRS-covered Employer after Retirement
The State Board of Administration announces a public meeting to which all persons are invited.
DATE AND TIME: Tuesday, April 5, 2011, 9:00 a.m. – until conclusion
PLACE: Cabinet Meeting Room, Lower Level, The Capitol, Monroe Street and Apalachee Parkway, Tallahassee, Florida
GENERAL SUBJECT MATTER TO BE CONSIDERED: The Trustees of the State Board of Administration, on April 5, 2011, will consider proposed amendments to the following rules and will be asked for permission to file for notice: Rule 19-11.002, F.A.C., Beneficiary Designation for FRS Investment Plan; Rule 19-11.003, F.A.C., Distributions from FRS Investment Plan Accounts; and Rule 19-11.009, F.A.C., Reemployment with an FRS-covered Employer after Retirement. The proposed amendments provide updated information and procedures pertaining to naming beneficiaries and to seeking documentation of disbursements made prior to a certain date; indicate that a beneficiary who intentionally kills or procures the death of a member forfeits all rights to the member’s benefits; provide updated information applicable to employees who are rehired after retirement; and adopt a form. A rule development workshop was offered on January 3, 2011, but it was not requested and so was not held.
A copy of the agenda may be obtained by contacting: Diane Bruce, State Board of Administration, 1801 Hermitage Blvd., Suite 100, Tallahassee, Florida 32308, [phone].
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., Suite 100, Tallahassee, FL 32308, [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).
If any person decides to appeal any decision made by the Board with respect to any matter considered at this meeting or hearing, he/she will need to ensure that a verbatim record of the proceeding is made, which record includes the testimony and evidence from which the appeal is to be issued.
For more information, you may contact: Ruth A. Smith, Assistant General Counsel, State Board of Administration, 1801 Hermitage Blvd., Suite 100, Tallahassee, Florida 32308, [phone], [e-mail].