To revise actuarial factors used in the calculation of early and optional retirement benefits.

 

DEPARTMENT OF MANAGEMENT SERVICES

Division of Retirement

RULE NOS.:RULE TITLES:

60S-7.009Actuarial Factors for Calculating Benefits Provided by Options 2, 3, and 4 on and After August 1, 1983

60S-7.0091Actuarial Factors for Calculating Benefits Provided by Options 2, 3, and 4 on and After January 1, 2016

60S-7.010Actuarial Factors for Calculating Disability Benefits Provided by Options 2, 3 and 4 on and After August 1, 1983

60S-7.011Actuarial Factors for Calculating Disability Benefits Provided by Options 2, 3 and 4 On or After January 1, 2016

PURPOSE AND EFFECT: To revise actuarial factors used in the calculation of early and optional retirement benefits.

SUBJECT AREA TO BE ADDRESSED: Actuarial factors.

RULEMAKING AUTHORITY: 121.031 FS.

LAW IMPLEMENTED: 121.091(6) FS.

IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:

DATE AND TIME: October 7, 2015, 10:00 a.m. ‒ 12:00 Noon

PLACE: 2450 Shumard Oak Blvd., Bldg. 2, Room 2-1220, Tallahassee, FL

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 48 hours before the workshop/meeting by contacting: Pegah Bowman, Operations and Pensions Analyst, at [phone]. 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).

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Garry Green, Bureau Chief, Department of Management Services, Division of Retirement, 2450 Shumard Oak Blvd., Bldg. 2, Tallahassee, FL, [phone]

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.