To repeal Rule 60S-5.002, F.A.C., as a recitation of sections 112.61 and 121.031, F.S. To repeal Rule 60S-5.006, F.A.C., as a recitation of section 120.091(14)(a), F.S. To repeal 60S-5.0061 as a recitation of sections 121.135 and 216.102, F.S.

 

DEPARTMENT OF MANAGEMENT SERVICES

Division of Retirement

RULE NO.: RULE TITLE:

60S-5.002   Statements of Policy

60S-5.006   Annual Statements

60S-5.0061  Financial Information

PURPOSE AND EFFECT: To repeal Rule 60S-5.002, F.A.C., as a recitation of sections 112.61 and 121.031, F.S. To repeal Rule 60S-5.006, F.A.C., as a recitation of section 120.091(14)(a), F.S. To repeal 60S-5.0061 as a recitation of sections 121.135 and 216.102, F.S.

SUMMARY: To repeal Rules 60S-5.002, 60S-5.006 and 60S-5.0061, F.A.C.

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: 121.031, 112.61, 121.135, 216.102 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 (IF NOT REQUESTED, THIS HEARING WILL NOT BE HELD):

DATE AND TIME: Tuesday, January 24, 2017, 2:00 p.m. until completed but no later than 5:00 p.m.

PLACE: 4050 Esplanade Way, Tallahassee, Florida, Room 101

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:

60S-5.002 Statements of Policy.

Rulemaking Authority 121.031 FS. Law Implemented 121.031, 112.61 FS. History–New 1-1-72, Amended 11-6-84, Formerly 22B-5.02, 22B-5.002, Repealed                 .

 

60S-5.006 Annual Statements.

Rulemaking Authority 121.031 FS. Law Implemented 121.031 FS. History–New 1-1-72, Amended 1-23-83, Formerly 22B-5.06, 22B-5.006, Amended 4-5-9, Repealed                 .

 

60S-5.0061 Financial Information.

Rulemaking Authority 121.031 FS. Law Implemented 121.135, 216.102 FS. History–New 4-5-95, Repealed                 .

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Elizabeth Stevens, Director, Division of Retirement

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Chad Poppell, Secretary, Department of Management Services

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: December 28, 2016