Subject
The Trustees of the State Board of Administration of Florida will be asked for permission to file a Notice of Proposed Rulemaking to amend the following rules, as applicable: Rules 19-11.002, 19-11.006 and 19-11.007, F.A.C., are being amended to adopt revised enrollment forms and second election enrollment forms that will provide additional disclosures concerning the funded status of the FRS Pension Plan, the fact that employer contributions to the FRS can vary, and the 8 year vesting requirement of the FRS Pension Plan. Rule 19-11.012, F.A.C., is being amended to clarify the circumstances under which rollovers cannot be accepted by the FRS Investment Plan. The Trustees also will be asked to authorize the filing of these rules for amendment or repeal, as applicable, if no member of the public timely requests a rule hearing.