The rulemaking adopts new forms to implement the Roth 457b payroll contribution option to the State of Florida Employees Deferred Compensation Plan (Plan) participants; to clarify and simplify the Plan’s investment policy ....
DEPARTMENT OF FINANCIAL SERVICES
RULE NO.:RULE TITLE:
69C-6.003The Plan; Prescribed Forms
PURPOSE AND EFFECT: The rulemaking adopts new forms to implement the Roth 457b payroll contribution option to the State of Florida Employees Deferred Compensation Plan (Plan) participants; to clarify and simplify the Plan’s investment policy for product selection and retention in Form DFS-J3-1541; and to amend Article VII Death Benefits, paragraph 8.03(a)3 of Form DFS-J3-1176, to remove the prohibition of a beneficiary designating a beneficiary.
SUBJECT AREA TO BE ADDRESSED: The State of Florida Employees Deferred Compensation Plan.
RULEMAKING AUTHORITY: 112.215, F.S.
LAW IMPLEMENTED: 112.215, F.S.
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.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Rosemary Isham, Chief of Deferred Compensation, Bureau of Deferred Compensation, at rosemary.isham@myfloridacfo.com.
THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.
Document Information
- Purpose:
- The rulemaking adopts new forms to implement the Roth 457b payroll contribution option to the State of Florida Employees Deferred Compensation Plan (Plan) participants; to clarify and simplify the Plan’s investment policy for product selection and retention in Form DFS-J3-1541; and to amend Article VII Death Benefits, paragraph 8.03(a)3 of Form DFS-J3-1176, to remove the prohibition of a beneficiary designating a beneficiary.
- Rulemaking Authority:
- 112.215, F.S.
- Law:
- 112.215, F.S.
- Related Rules: (1)
- 69C-6.003. The Plan; Prescribed Forms