Subject


The Trustees of the State Board of Administration, on April 5, 2011, will consider proposed amendments to the following rules and will be asked for permission to file for notice: Rule 19-11.002, F.A.C., Beneficiary Designation for FRS Investment Plan; Rule 19-11.003, F.A.C., Distributions from FRS Investment Plan Accounts; and Rule 19-11.009, F.A.C., Reemployment with an FRS-covered Employer after Retirement. The proposed amendments provide updated information and procedures pertaining to naming beneficiaries and to seeking documentation of disbursements made prior to a certain date; indicate that a beneficiary who intentionally kills or procures the death of a member forfeits all rights to the member’s benefits; provide updated information applicable to employees who are rehired after retirement; and adopt a form. A rule development workshop was offered on January 3, 2011, but it was not requested and so was not held.