DEPARTMENT OF FINANCIAL SERVICES
RULE NO.:RULE TITLE:
69C-6.003The Plan; Prescribed Forms
NOTICE OF CHANGE
Notice is hereby given that the following changes have been made to the proposed rule in accordance with subparagraph 120.54(3)(d)1., F.S., published in Vol. 39, No. 54, March 19, 2013 issue of the Florida Administrative Register.
These changes are being made to address comments expressed by the Joint Administrative Procedures Committee.
69C-6.003 The Plan; Prescribed Forms.
(1) Form DFS-J3-1176 (rev. 04/13 4/8/07), State of Florida Employees Deferred Compensation Plan, is hereby established and incorporated into this rule by reference as the “plan of deferred compensation”contemplated in Section 112.215, F.S. The form can be obtained from the Deferred Compensation Section, Division of State Treasury, 200 East Gaines Street, Tallahassee, Florida 32399-0346.
(2) The forms listed below are incorporated into and made a part of this rule chapter by reference and shall take effect on the effective date of this rule. The forms can be obtained from investment providers servicing the plan. A listing of authorized investment providers and the forms can be obtained from the Deferred Compensation Section, Division of State Treasury, 200 East Gaines Street, Tallahassee, Florida 32399-0346. The State of Florida Employees Deferred Compensation Plan may also be referred to as the “457b Plan.”
(a) through (l) No change.
(m)(i) Form DFS-J3-1174 (rev. 04/13 1/02)
Frequently Commonly Asked Questions with Answers–(Answers to the most frequently asked questions about the Plan)
(n) No change.
(o)(k) Form DFS-J3-1525 (rev. 04/13 1/02)
Purchase of Prior Service Credits-(Used by participants to transfer funds from their Deferred Compensation accounts to purchase prior years of service from previous Florida employment, military time, or employment with other states and/or counties)
(p) No change.
(q)(m) Form DFS-J3-1541 (rev. 04/13 10/05)
State of Florida Deferred Compensation Plan Investment Policy forand Product Selection and Retention Policy- (Establishes the standards for the State of Florida Government Employees’ Deferred Compensation Plan; adopts criteria for the selection and retention of the Plan’s investment options; and provides a method for the quarterly evaluation and monitoring of the investment options)
(r) No change.
(s) Form DFS-J3-1796 (new 4/13)
Loan Application- (Used by participants to request a loan from the 457b Plan)
(t) and (u) No change.
(3) No change.
(4) The following portions of the Internal Revenue Code, Code of Federal Regulations and Act of the United States Congress are also hereby incorporated by reference, and a copy of the Codes, Regulations, and Act may be obtained at www.gpo.gov. The Internal Revenue Procedure is hereby incorporated by reference, and a copy of it may be obtained at http://www.irs.gov/pub/irs-drop/rp-13-12.pdf:
(a) No change.
(b) 26 USCA 403(b) (2011) (2005 USCA Cumulative Annual Pocket Part);
(c) No change.
(d) 26 USC 402(c) (2011);
(e) 26 USC 402(e) (2011);
(f) 26 USC 408 (2011);
(g) 26 USC 71 (2011);
(h) 26 USC 414 (2011);
(i) 26 USC 219 (2011);
(j) 26 USC 1402 (2011);
(k) 26 USC 112 (2011);
(l) 26 USC 3401(h)(2) (2011);
(m)(d) 26 CFR 1.457-2 (August 27, 2003);.
(n) 26 CFR 1.408A-5 (May 5, 2003);
(o) 26 CFR 1.408-8 (June 15, 2004);
(p) 26 CFR 1.401(a)(9) (April 1, 2011 Edition);
(q) 26 CFR 1.457-9 (August 27, 2003);
(r) Rev. Proc. 2013-12, 2013-4, I.R.B. 313;
(s) Worker, Retiree, and Employer Recovery Act of 2008, Pub. L. No. 110-458, Sec. 125 (2008).
The remainder of the rule reads as previously published.
