reglab/statecodes huggingface dataset:
Florida Administrative Code › 18 - BOARD OF TRUSTEES OF THE INTERNAL IMPROVEMENT TRUST FUND › 18 - Departmental › Chapter 18-24 - FLORIDA FOREVER LAND ACQUISITION AND MANAGEMENT › Section 18-24.007 - Board of Trustees Consideration

Current through Reg. 50, No. 138; July 16, 2024
(1) The Board
				shall receive at a regularly scheduled public meeting the report of the Council
				pursuant to Section  259.105(15),
				F.S., and act on the recommendations contained in that report pursuant to
				Section  259.105(14),
				F.S.
(2) The Council's report will
				include a list of owners who have requested by certified mail that their
				property be removed from the list, and maps of the locations of such property,
				and the Council's recommendations for whether or not the Board should add such
				property back on the list. The Board may add those properties back into
				projects pursuant to the provision of Section 259.105(7)(b)2., F.S.
(3) Upon final approval of the list, staff
				may proceed with acquisition of the projects contained
				thereon.
Rulemaking Authority
					  259.035 (1),
					 (4),
					 259.105(9),
					 (18) FS. Law Implemented
					 259.035,
					  259.04,
					  259.041,
					  259.045,
					  259.07,
					  259.105 FS.
New 7-17-01, Repromulgated 5-1-10, Amended
					 1-6-14.
Florida Administrative Code › 18 - BOARD OF TRUSTEES OF THE INTERNAL IMPROVEMENT TRUST FUND › 18 - Departmental › Chapter 18-24 - FLORIDA FOREVER LAND ACQUISITION AND MANAGEMENT › Section 18-24.008 - Capital Improvement and Restoration Proposals

Current through Reg. 50, No. 138; July 16, 2024
(1) In order
				for a capital improvement project, whether restoration or other, to be eligible
				for access to the Fund, pursuant to Section
				 259.105(3)(b),
				F.S., the project must be presented for the consideration of the Council in an
				application from the managing entity, for work on lands pursuant to Chapter
				259, F.S.
(2) All capital
				improvement projects, whether restoration or other, which are presented in an
				application to the Council for funding consideration, must be contemplated in a
				prospectus or a land management plan submitted and approved pursuant to
				Sections  253.034 and
				 259.032, F.S.
(3) All capital improvement project
				applications presented to the Council for funding consideration must include
				all of the following:
(a) A written
				description of the proposed project and its purpose(s), and how it helps
				achieve Florida Forever goals and measures.
(b) A description of the existing landscape
				where the project is proposed to occur, including known physical, natural
				resource, biological, hydrological, historical and archaeological
				characteristics.
(c) A map of the
				managed area with the location of the project precisely indicated, including
				any lands or activities outside the managed area potentially affected by the
				project.
(d) A description of the
				landscape changes or management objectives intended to be achieved by the
				project, and how the project's effects or impacts will be monitored or
				measured.
(e) A description of any
				recreational activities that may be enhanced, impeded or curtailed by the
				project.
(f) A detailed breakdown
				of the costs being requested from the Fund for the project.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-3 - RULES AND REGULATIONS GOVERNING THE ORGANIZATION, MEETINGS, AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-3.0161 - Investment Responsibilities of the Executive Director

Current through Reg. 50, No. 138; July 16, 2024
The Executive Director has the responsibility and authority
				  to organize and manage the ongoing investment activities of the Board. The
				  Executive Director is responsible for implementing approved investment
				  objectives, policies and strategies. All Investment Policy Statements shall be
				  submitted to the Board for approval. The Executive Director shall periodically
				  review such policy statements and shall submit proposed Investment Policy
				  Statement revisions to the Investment Advisory Council for review. The
				  Executive Director's management of the funds may include tactical changes in
				  particular portfolio holdings in accordance with approved policies. The intent
				  is to provide the Executive Director with sufficient authority and operating
				  flexibility to make prudent and professional investment decisions in response
				  to changing market and economic conditions, and otherwise to ensure that the
				  Board fulfills its fiduciary duties.
Rulemaking Authority
					 120.53(1),
					 215.52 FS. Law Implemented
					 215.44,
					 215.45,
					 215.47,
					 215.475,
					 215.52
					 FS.
New 12-25-85, Formerly 19-3.161, Amended 12-18-88,
					 10-15-13.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-3 - RULES AND REGULATIONS GOVERNING THE ORGANIZATION, MEETINGS, AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-3.097 - Designation of Official Reporter (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 120.533(1) FS.
					 Law Implemented 120.53(4)
					 FS.
New 4-23-92, Repealed
					 10-15-13.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-3 - RULES AND REGULATIONS GOVERNING THE ORGANIZATION, MEETINGS, AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-3.099 - Plan

Current through Reg. 50, No. 138; July 16, 2024
(1) The Board shall subsequently number final
				orders as rendered that are required to be indexed or listed. The Board shall
				make the final orders, subject matter index, and the list available for public
				inspection and copying, at no more than cost.
(2) The Agency Clerk shall assist the public
				in obtaining information pertaining to final orders.
(3) The Board maintains and stores such final
				orders, index, and list in the offices of the Board at 1801 Hermitage
				Boulevard, Tallahassee, Florida 32308 or P. O. Box 13300, Tallahassee, Florida
				32317-3300. The office is open to the public between the hours of 8:00 a.m. to
				5:00 p.m., excluding holidays and weekends.
Rulemaking Authority
					 120.533(1)(j)
					 FS. Law Implemented Chapter 91-30, Section 10, Laws of
					 Florida.
New 4-23-92, Amended 3-24-96,
					 10-15-13.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-3 - RULES AND REGULATIONS GOVERNING THE ORGANIZATION, MEETINGS, AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-3.100 - Format for Final Order (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 120.533(1)(b), (i),
					 (j) FS. Law Implemented
					 120.53(2)
					 FS.
New 4-23-92, Repealed
					 10-15-13.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-4 - RULES AND REGULATIONS GOVERNING THE INVESTMENT POLICIES AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-4.0011 - Purpose (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.52 FS. Law Implemented
					 215.44,
					 215.45,
					 215.47
					 FS.
New 2-10-82, Formerly 19-4.011, Amended 12-18-88, Repealed
					 6-8-14.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-4 - RULES AND REGULATIONS GOVERNING THE INVESTMENT POLICIES AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-4.0012 - Definitions

Current through Reg. 50, No. 138; July 16, 2024
As used in this chapter, the following words will have the
				  following meanings, unless some other meaning is plainly indicated:
(1) Strategy - Strategy consists of
				determining the appropriate risk-return tradeoffs for the total fund in light
				of the investment objectives.
(2)
				Fund - Fund shall mean the Florida Retirement System Defined Benefit Plan
				Trust.
(3) Tactics - Tactics
				consists of change in specific security holdings made regularly during the
				course of investment activity that do not materially change the expected risk
				or return of the total fund or of the asset class portfolio involved.
(4) Return - Return shall mean total return,
				including both current income and change in market value.
(5) Risk - Risk shall mean the potential
				underperformance verses the investment objective measured in the best available
				and most appropriate manners for the Fund.
(6) Synthetic securities - Securities created
				through the combination of cash market instruments, such as U.S. Treasury
				Bills, with futures market positions which, when taken together, mimic the
				characteristics of a cash market security or group of
				securities.
Rulemaking Authority
					 215.52 FS. Law Implemented
					 215.44,
					 215.47
					 FS.
New 12-25-85, Formerly 19-4.012, Amended 12-14-86,
					 6-8-14.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-4 - RULES AND REGULATIONS GOVERNING THE INVESTMENT POLICIES AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-4.0035 - Florida Retirement System Defined Benefit Plan Investment Policy Statement

Current through Reg. 50, No. 138; July 16, 2024
The Florida Retirement System Defined Benefit Plan Investment
				  Policy Statement, as approved by the Trustees of the State Board of
				  Administration on December 9, 2014, and effective January 1, 2015,
http://www.flrules.org/Gateway/reference.asp?No=Ref-05859
,
				  hereby is adopted and incorporated by reference. The Investment Policy
				  Statement may be obtained by contacting: State Board of Administration, 1801
				  Hermitage Blvd., Suite 100, Tallahassee, Florida 32308, or by accessing the
				  sbafla.com website.
Rulemaking Authority
					 212.52 FS. Law Implemented
					 215.475
					 FS.
New 6-8-14, Amended
					 2-18-16.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-4 - RULES AND REGULATIONS GOVERNING THE INVESTMENT POLICIES AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-4.0041 - Policies and Review Procedures for Florida Retirement System Investments in Equities (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.52 FS. Law Implemented
					 215.44,
					 215.45,
					 215.47
					 FS.
New 2-10-82, Amended 9-27-83, 12-25-85, Formerly 19-4.041,
					 Amended 12-14-86, Repealed 6-8-14.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-4 - RULES AND REGULATIONS GOVERNING THE INVESTMENT POLICIES AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-4.0044 - Policies and Review Procedures for Foreign Obligations and Securities (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.52 FS. Law Implemented
					 215.47(5)
					 FS.
New 12-10-87, Repealed
					 6-8-14.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-4 - RULES AND REGULATIONS GOVERNING THE INVESTMENT POLICIES AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-4.0046 - Policies and Review Procedures for Investments Authorized by Section 215.47(6), Florida Statutes (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.52 FS. Law Implemented
					 215.47(6)
					 FS.
New 12-20-87, Amended 12-11-89, Repealed
					 6-8-14.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-4 - RULES AND REGULATIONS GOVERNING THE INVESTMENT POLICIES AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-4.0051 - Policies and Review Procedures for Florida Retirement System Investments in Intermediate to Long-Term Fixed Income Securities (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.52 FS. Law Implemented
					 215.44,
					 215.45,
					 215.47
					 FS.
New 2-10-82, Amended 12-25-85, Formerly 19-4.051, Repealed
					 6-8-14.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-4 - RULES AND REGULATIONS GOVERNING THE INVESTMENT POLICIES AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-4.006 - Policies and Review Procedures for Florida Retirement System Money Market Investments (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.52 FS. Law Implemented
					 215.44,
					 215.45,
					 215.47
					 FS.
New 2-10-82, Amended 12-25-85, Formerly 19-4.06, Amended
					 12-18-88, Repealed 6-8-14.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-4 - RULES AND REGULATIONS GOVERNING THE INVESTMENT POLICIES AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-4.0071 - Policies and Review Procedures for Florida Retirement System Real Property Investments (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.52 FS. Law Implemented
					 215.47(2)(i)
					 FS.
New 11-9-83, Formerly 19-4.08, Amended 12-25-85, Formerly
					 19-4.071, Amended 12-18-88, 5-16-90, Repealed
					 6-8-14.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-4 - RULES AND REGULATIONS GOVERNING THE INVESTMENT POLICIES AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-4.0081 - Policies and Review Procedures for Debt Service Investments

Current through Reg. 50, No. 138; July 16, 2024
(1) Investments and the maturities of those
				investments for debt service sinking funds, including those reserve funds in
				excess of the current or next ensuing year's principal and interest payment,
				shall be managed consistent with the provisions of the authorizing bond
				resolutions, official statements and the current investment strategy of the
				Board.
(2) The maturity structure
				of the debt service reserve fund shall be determined by the professional
				judgment of the Board's investment staff and will include consideration of the
				following factors:
(a) Ratio of reserves to
				principal debt outstanding.
(b)
				Number of years remaining in the life of the issue.
(c) Ratio of reserves to current year's
				principal and interest.
(d) Ratio
				of annual revenue to annual debt service requirements.
(e) Historical rate of increase of pledged
				revenue.
(f) Alternative revenue
				and other sources available for the payment of the bonds.
(g) Yield and premium for maturity
				extension.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-4 - RULES AND REGULATIONS GOVERNING THE INVESTMENT POLICIES AND PROCEDURES OF THE STATE BOARD OF ADMINISTRATION › Section 19-4.0082 - Reporting of Debt Service Accounts

Current through Reg. 50, No. 138; July 16, 2024
The Executive Director shall report to the Board by March
				  15th of each year as to the status of all debt service accounts for bonds
				  issued pursuant to Chapter 215, F.S. In the event there is a projected need to
				  appropriate funds to honor the pledges of Full Faith and Credit of the State,
				  the Executive Director shall also prepare a report for the Board for delivery
				  to the Legislature which shall include the estimated amount of appropriations
				  needed, the estimated maximum amount of appropriations needed, and a
				  contingency appropriations request for each bond issue.
Rulemaking Authority
					 215.52,
					 215.62(5),
					 215.835 FS. Law Implemented
					 215.70(3),
					 215.80
					 FS.
New 12-25-85, Formerly
					 19-4.082.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-5 - RULES AND REGULATIONS GOVERNING THE PROCEDURES FOR ISSUANCE OF BONDS AT AN INTEREST RATE IN EXCESS OF LEGAL LIMITATION › Section 19-5.0011 - Limitations Not Applicable to Certain Bonds (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 159.825(3),
					 215.84(5) FS.
					 Law Implemented 159.825,
					 215.84
					 FS.
New 10-23-75, Repealed and Readopted 10-14-80, Amended
					 12-25-85, Formerly 19-5.011, Amended 12-10-87, 11-19-92, Repealed
					 10-15-13.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-5 - RULES AND REGULATIONS GOVERNING THE PROCEDURES FOR ISSUANCE OF BONDS AT AN INTEREST RATE IN EXCESS OF LEGAL LIMITATION › Section 19-5.002 - Application (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 159.825(3),
					 215.84(5) FS.
					 Law Implemented 215.84
					 FS.
New 10-23-75, Amended 9-29-76, Repealed and Readopted
					 10-14-80, Formerly 19-5.02, Repealed
					 10-15-13.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-5 - RULES AND REGULATIONS GOVERNING THE PROCEDURES FOR ISSUANCE OF BONDS AT AN INTEREST RATE IN EXCESS OF LEGAL LIMITATION › Section 19-5.003 - Limitations on Authorization of Interest Rate (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 159.825(3),
					 215.84(5) FS.
					 Law Implemented 215.84
					 FS.
New 10-23-75, Repealed and Readopted 10-14-80, Amended
					 2-10-82, Formerly 19-5.03, Repealed
					 10-15-13.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-5 - RULES AND REGULATIONS GOVERNING THE PROCEDURES FOR ISSUANCE OF BONDS AT AN INTEREST RATE IN EXCESS OF LEGAL LIMITATION › Section 19-5.004 - Term of Authorization (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 159.825(3),
					 215.84(5) FS.
					 Law Implemented 215.84
					 FS.
New 10-23-75, Repealed and Readopted 10-14-80, Formerly
					 19-5.04, Repealed 10-15-13.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-5 - RULES AND REGULATIONS GOVERNING THE PROCEDURES FOR ISSUANCE OF BONDS AT AN INTEREST RATE IN EXCESS OF LEGAL LIMITATION › Section 19-5.005 - Purpose of Authorization (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 159.825(3),
					 215.84(5) FS.
					 Law Implemented 159.825,
					 215.84
					 FS.
New 10-23-75, Repealed and Readopted 10-14-80, Formerly
					 19-5.05, Amended 12-10-87, Repealed
					 10-15-13.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-7 - RULES AND REGULATIONS GOVERNING THE ADMINISTRATION OF THE LOCAL GOVERNMENT SURPLUS FUNDS TRUST FUND › Section 19-7.001 - Purpose (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 218.405,
					 218.412 FS. Law Implemented
					 Chapter 218, Part IV FS.
New 8-24-82, Formerly 19-7.01, Amended 3-26-02, Repealed
					 4-11-12.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-7 - RULES AND REGULATIONS GOVERNING THE ADMINISTRATION OF THE LOCAL GOVERNMENT SURPLUS FUNDS TRUST FUND › Section 19-7.002 - Investment Policy Statements

Current through Reg. 50, No. 138; July 16, 2024
The Local Government Surplus Funds Trust Fund (Non-Qualified)
				  Investment Policy Statement, as approved and made effective by the Trustees of
				  the State Board of Administration on July 25, 2019,
http://www.flrules.org/Gateway/reference.asp?No=Ref-11600
,
				  is hereby adopted and incorporated by reference. The Investment Policy
				  Statement may be obtained by contacting: State Board of Administration, 1801
				  Hermitage Blvd., Suite 100, Tallahassee, Florida 32308, Attn.: Florida PRIME
				  Program, or by accessing the sbafla.com website, and clicking on the Florida
				  PRIME heading under the Funds We Manage tab. The Investment Policy Statement
				  for the Local Government Surplus Funds Trust Fund (Non-Qualified) can be
				  accessed under the Risk Management and Oversight section.
Rulemaking Authority
					 218.405(4),
					 218.412,
					 218.421(1) FS.
					 Law Implemented  218.405(1), (2), (3),
					 (4),
					  218.409(2),
					 (9),
					  218.415(17) 
					 FS.
New 12-13-09, Amended 4-11-12, 1-18-14, 11-20-14, 2-18-16,
					 2-9-17, 2-12-18, 2-19-19, 4-8-20.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-7 - RULES AND REGULATIONS GOVERNING THE ADMINISTRATION OF THE LOCAL GOVERNMENT SURPLUS FUNDS TRUST FUND › Section 19-7.010 - Pooled Investment Accounts (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 218.405,
					 218.412 FS. Law Implemented
					 Chapter 218, Part IV FS.
New 8-24-82, Formerly 19-7.10, Amended 3-26-02, 9-5-10,
					 Repealed 10-6-15.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-7 - RULES AND REGULATIONS GOVERNING THE ADMINISTRATION OF THE LOCAL GOVERNMENT SURPLUS FUNDS TRUST FUND › Section 19-7.011 - Rate of Return Calculation

Current through Reg. 50, No. 138; July 16, 2024
The Rate of Return for the Local Government Surplus Funds
				  Trust Fund shall be calculated in accordance with the yield methodology set
				  forth by the Securities and Exchange Commission (SEC) Rule 2a-7 (17 CFR §
										270.2a-7) under the Investment Company Act of 1940 for money market
				  funds. Rule 2a-7 can be obtained by accessing the SEC website at sec.gov and
				  clicking on the Laws & Regulations section. For the purposes of comparing
				  the yield of the Local Government Surplus Funds Trust Fund to that of a
				  performance benchmark for participant reporting, a net-of-fees methodology will
				  be utilized for all reporting periods for both the Local Government Surplus
				  Funds Trust Fund and the performance benchmark.
Rulemaking Authority
					 218.405,
					 218.412 FS. Law Implemented
					 218.409(4)
					 FS.
New 8-24-82, Formerly 19-7.11, Amended 4-8-92, 3-26-02,
					 9-5-10.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-7 - RULES AND REGULATIONS GOVERNING THE ADMINISTRATION OF THE LOCAL GOVERNMENT SURPLUS FUNDS TRUST FUND › Section 19-7.012 - Pool Participation (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 218.405,
					 218.412 FS. Law Implemented
					 218.407(2),
					 218.409(1), (3)
					 FS.
New 8-24-82, Formerly 19-7.12, Amended 12-20-87, 2-16-92,
					 3-26-02, Repealed 9-5-10.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-7 - RULES AND REGULATIONS GOVERNING THE ADMINISTRATION OF THE LOCAL GOVERNMENT SURPLUS FUNDS TRUST FUND › Section 19-7.013 - Reporting Procedures

Current through Reg. 50, No. 138; July 16, 2024
The State Board of Administration shall generate for each
				  Pool participant a monthly statement containing each account's activity
				  including deposits, withdrawals, balances, and earnings. If no errors are
				  reported to the Board within 14 days, the statement will be considered
				  correct.
Rulemaking Authority
					 218.405,
					 218.412 FS. Law Implemented
					 218.409(6)
					 FS.
New 8-24-82, Formerly 19-7.13, Amended 12-18-88, 11-7-99,
					 3-26-02, 9-5-10.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-7 - RULES AND REGULATIONS GOVERNING THE ADMINISTRATION OF THE LOCAL GOVERNMENT SURPLUS FUNDS TRUST FUND › Section 19-7.014 - Number of Accounts (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 218.405,
					 218.412 FS. Law Implemented
					 218.409(5)
					 FS.
New 8-24-82, Formerly 19-7.14, Amended 12-2-93, 3-26-02,
					 Repealed 1-28-14.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-7 - RULES AND REGULATIONS GOVERNING THE ADMINISTRATION OF THE LOCAL GOVERNMENT SURPLUS FUNDS TRUST FUND › Section 19-7.015 - Allocation of Earnings

Current through Reg. 50, No. 138; July 16, 2024
The Local Government Surplus Funds Trust Fund System is used
				  to keep current account balance information for individual accounts
				  participating in the pooled investment account and to apportion the pooled
				  investment earnings back to each account. At the end of each month, pool
				  month-to-date accrued earnings minus accrued expenses are apportioned to the
				  participants directly proportionate to the respective net amounts deposited in
				  the Fund and the length of time such amounts remain therein. The resulting
				  proportionate amount is credited to each account at that time. If the end of
				  the month account balance falls below $1, 000.00, the State Board of
				  Administration may choose to close the account and return the residual balance
				  to the participant.
Rulemaking Authority
					 218.405,
					 218.412 FS. Law Implemented
					 218.409(4), (5)
					 FS.
New 8-24-82, Formerly 19-7.15, Amended 6-26-95, 3-26-02,
					 9-5-10.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-7 - RULES AND REGULATIONS GOVERNING THE ADMINISTRATION OF THE LOCAL GOVERNMENT SURPLUS FUNDS TRUST FUND › Section 19-7.016 - Close of Business

Current through Reg. 50, No. 138; July 16, 2024
Any requests for funds to be returned or notification of
				  funds to be wired for investment after 1:00 p.m. (EST) may be included in the
				  following day's business. In the event that the Board is informed by 1:00 p.m.
				  (EST) of a deposit for investment that day, and the funds are not transmitted
				  to the Board's bank account by the close of business that day, which results in
				  a shortfall, a fee shall be charged to the participant for each day until the
				  shortfall is corrected. The fee will be based on the current overdraft fee
				  charged by the bank on the amount of the shortfall.
Rulemaking Authority
					 218.405,
					 218.412 FS. Law Implemented
					 215.515
					 FS.
New 8-24-82, Formerly 19-7.16, Amended 6-26-95, 3-26-02,
					 9-5-10.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-7 - RULES AND REGULATIONS GOVERNING THE ADMINISTRATION OF THE LOCAL GOVERNMENT SURPLUS FUNDS TRUST FUND › Section 19-7.017 - Pooled Investment Account Reserve Fund (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 218.405,
					 218.412 FS. Law Implemented
					 218.409(3)
					 FS.
New 8-17-92, Amended 3-26-02, Repealed
					 9-5-10.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.001 - Purpose (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 120.53(1),
					 215.555 FS. Law Implemented
					 215.555
					 FS.
New 5-31-94, Repealed
					 10-2-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.002 - Definitions Applicable to the 1994-1995 Contract Year (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555
					 FS.
New 6-12-95, Amended 7-19-95, Repealed
					 9-1-99.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.003 - 1994 Provisional Premiums (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(7) FS.
					 Law Implemented 215.555
					 FS.
New 5-13-03, Repealed
					 5-29-05.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.004 - Aggregate Retention Levels (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555
					 FS.
New 6-12-95, Repealed
					 9-1-99.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.005 - Special Provisions (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555
					 FS.
New 6-12-95, Repealed
					 9-1-99.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.006 - Insurer Reporting (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555
					 FS.
New 6-12-95, Repealed
					 9-1-99.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.007 - Borrowing Capacity (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555
					 FS.
New 6-12-95, Repealed
					 8-29-95.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.008 - Enforcement (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(10) FS.
					 Law Implemented 215.555
					 FS.
New 6-12-95, Repealed
					 5-28-98.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.009 - 1994 Reimbursement Premium Formula (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555(5)
					 FS.
New 7-19-95, Repealed
					 9-1-99.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.010 - Reimbursement Contract

Current through Reg. 50, No. 138; July 16, 2024
(1)
(a) The reimbursement contract for the
				2024-2025 contract year,
http://www.flrules.org/Gateway/reference.asp?No=ref-16087
,
				including all Amendments and Addenda, required by Section
				 215.555(4),
				F.S., which is called Form FHCF-2024K-"Reimbursement Contract" or "Contract"
				between (name of insurer) (the "Company")/NAIC #() and The State Board of
				Administration of the State of Florida ("SBA") which administers the Florida
				Hurricane Catastrophe Fund ("FHCF"), rev. 12/23 is hereby adopted and
				incorporated by reference into this rule. This contract is effective from June
				1, 2024 through May 31, 2025.
(b)
				Appendix A, for the 2024-2025 contract year,
http://www.flrules.org/Gateway/reference.asp?No=ref-16088
,
				required by Section  215.555(5)(e),
				F.S., which is called Form FHCF-2024K-1 "Appendix A to Reimbursement Contract"
				between (name of insurer) (the "Company")/NAIC #() and The State Board of
				Administration of the State of Florida ("SBA") which administers the Florida
				Hurricane Catastrophe Fund ("FHCF"), rev. 12/23 is hereby adopted and
				incorporated by reference into this rule. This appendix is effective from June
				1, 2024 through May 31, 2025.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.011 - Loss Reimbursement Procedures (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555
					 FS.
New 5-20-96, Amended 2-17-97, 11-25-97, 12-3-98, Repealed
					 6-19-00.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.015 - Definitions Applicable to the 1995-1996 Contract Year (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555
					 FS.
New 11-12-95, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.016 - 1995 Reimbursement Premium Formula (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555(5)
					 FS.
New 11-12-95, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.017 - Insurer Reporting Requirements for the 1995-1996 Contract Year (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555
					 FS.
New 11-12-95, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.018 - Definitions Applicable to the 1996-1997 Contract Year (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555
					 FS.
New 8-6-96, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.019 - 1996 Reimbursement Premium Formula (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555(5)
					 FS.
New 8-6-96, Amended 2-17-97, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.020 - Insurer Reporting Requirements for the 1996-1997 Contract Year (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555
					 FS.
New 8-6-96, Amended 2-17-97, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.021 - Definitions Applicable to the 1997-1998 Contract Year (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555(2), (3), (4), (5), (6),
					 (7)
					 FS.
New 6-19-97, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.022 - 1997 Reimbursement Premium Formula (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555(2), (3), (4), (5), (6),
					 (7)
					 FS.
New 6-19-97, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.023 - Insurer Reporting Requirements for the 1997-1998 Contract Year (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555(2), (3), (4), (5), (6),
					 (7)
					 FS.
New 6-19-97, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.024 - Definitions Applicable to the 1998-1999 Contract Year (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555(2), (3), (4), (5), (6),
					 (7)
					 FS.
New 5-28-98, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.025 - 1998 Reimbursement Premium Formula (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555(2), (3), (4), (5), (6),
					 (7)
					 FS.
New 5-28-98, Amended 12-3-98, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.026 - Insurer Reporting Requirements for the 1998-1999 Contract Year (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555(2), (3), (4), (5), (6),
					 (7)
					 FS.
New 5-28-98, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.027 - Definitions Applicable to the 1999-2000 Contract Year (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555(2), (3), (4), (5), (6),
					 (7)
					 FS.
New 5-17-99, Repealed
					 7-3-11.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.028 - Reimbursement Premium Formula

Current through Reg. 50, No. 138; July 16, 2024
(1) Purpose.
				This rule adopts the Premium Formula to determine the Actuarially Indicated
				Reimbursement Premium to be paid to the Florida Hurricane Catastrophe Fund, as
				required by Section  215.555(5)(b),
				F.S.
(2) Definitions. The
				definitions in the Reimbursement Contract for the applicable Contract Year also
				apply to this rule and the forms referenced in this rule. In addition, as used
				in this rule:
(a) "SBA" means the State Board
				of Administration of Florida.
(b)
				"Contract Year" is defined in Section
				 215.555(2),
				F.S.
(c) "Independent Consultant"
				means the independent individual, firm, or organization with which the SBA
				contracts to prepare the Premium Formula and any other actuarial services for
				the FHCF, as determined under the contract with the
				Consultant.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.029 - Insurer Reporting Requirements and Responsibilities

Current through Reg. 50, No. 138; July 16, 2024
(1) Purpose. This rule specifies certain
				deadlines and other requirements for insurers that participate in the Florida
				Hurricane Catastrophe Fund (FHCF).
(2) Definitions. The definitions in the
				Reimbursement Contract for the applicable Contract Year also apply to this rule
				and the forms referenced in this rule. In addition, as used in this rule and
				the forms referenced in this rule:
(a)
				"Contract Year" is defined in Section
				 215.555(2),
				F.S.
(b) "Insurer" or "Company"
				means an insurer that is required to enter into a Reimbursement
				Contract.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.030 - Insurer Responsibilities (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(3) FS.
					 Law Implemented 215.555,
					 627.351(6)
					 FS.
New 5-13-03, Amended 5-19-04, 5-29-05, 5-10-06, 5-8-07,
					 8-13-07, 6-8-08, 3-30-09, 3-29-10, 8-8-10, 7-20-11, 5-22-12, 3-17-13, 4-24-14,
					 5-12-15, 3-13-16, Repealed 1-24-17.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-8 - ADMINISTRATION OF THE FLORIDA HURRICANE CATASTROPHE FUND › Section 19-8.031 - Hurricane Mitigation (Repealed)

Current through Reg. 50, No. 138; July 16, 2024
Rulemaking Authority
					 215.555(7) FS.
					 Law Implemented 215.555
					 FS.
New 5-13-03, Repealed
					 5-29-05.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-9 - PUBLIC EMPLOYEE OPTIONAL RETIREMENT PROGRAM: INVESTMENT POLICY STATEMENT › Section 19-9.001 - Investment Policy Statement

Current through Reg. 50, No. 138; July 16, 2024
The Florida Retirement System Investment Plan Investment
				  Policy Statement, as approved by the Trustees of the State Board of
				  Administration on May 4, 2021, and made effective July 1, 2021,
http://www.flrules.org/Gateway/reference.asp?No=Ref-13933
,
				  is hereby adopted and incorporated by reference. The Investment Policy
				  Statement may be obtained by contacting: State Board of Administration, 1801
				  Hermitage Blvd., Suite 100, Tallahassee, Florida 32308; Attn.: Office of
				  Defined Contribution Programs, or by accessing the MyFRS.com website, clicking
				  on Investment Funds link and then clicking on Fund Policies.
Rulemaking Authority
					 121.4501(8),
					 215.52 FS. Law Implemented
					 121.4501(1), (2), (3), (4), (5), (6), (7), (8),
					 (9), (10), (11), (12), (13), (14), (15)
					 FS.
New 7-29-01, Amended 7-23-02, 5-10-05, 5-19-09, 7-12-12,
					 12-30-15, 2-12-18, 4-8-20, 5-11-22.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-11 - PROCEDURES FOR THE PUBLIC EMPLOYEE OPTIONAL RETIREMENT PROGRAM › Section 19-11.002 - Beneficiary Designations and Distributions for FRS Investment Plan

Current through Reg. 50, No. 138; July 16, 2024
(1)
(a) An
				Investment Plan member may designate a beneficiary to receive the benefits
				which may be payable in the event of the member's death. If the member does not
				designate a beneficiary(ies), or if no designated beneficiary survives the
				member, then the member's beneficiary(ies) will be those specified by Section
				 121.4501(20),
				F.S. which are: the deceased member's spouse; or if there is no surviving
				spouse, then the deceased member's children, or their legal guardian, on their
				behalf if under 18 years of age; or if no children survive, the deceased
				member's father or mother, if living; otherwise the deceased member's
				estate.
(b) An Investment Plan
				member who dies in the line of duty shall have survivor benefits paid in
				accordance with Section
				 121.591(4),
				F.S., and Rule  19-11.014, F.A.C.
(c) Monthly survivor benefits for the spouse
				and child(ren) of members provided by Section
				 121.591(4),
				F.S., are payable in lieu of benefits otherwise payable under Section
				 121.591(1),
				F.S., or survivor benefits payable under Section
				 121.591(3),
				F.S., and shall supersede any other distribution that may have been provided by
				the member's designation of beneficiary.
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-11 - PROCEDURES FOR THE PUBLIC EMPLOYEE OPTIONAL RETIREMENT PROGRAM › Section 19-11.005 - Florida Retirement System (FRS) State Board of Administration Complaint Procedures

Current through Reg. 50, No. 138; July 16, 2024
(1) Request for
				Intervention.
(a) Any Investment Plan or
				Pension Plan member who has a complaint regarding the FRS laws, rules, plan
				provisions or services rendered by an Investment Plan or MyFRS Financial
				Guidance Program provider or one of the representatives thereof, with the
				exception of the Self-Directed Brokerage Account ("SDBA"), may send a written
				Request for Intervention to the State Board of Administration (SBA). The member
				may submit the request in writing with personally identifiable information or
				use the form referenced in paragraph (b), below. The written Request for
				Intervention shall be sent:
1. By regular U.S.
				mail service to:
Investment Plan Complaint Resolution
Office of Defined Contribution Programs
State Board of Administration
P.O. Box 13300
Tallahassee, FL 32317-3300
2. By email:
				DefinedContributionPrograms@sbafla.com, or
3. By fax: (850)413-1489
Florida Administrative Code › 19 - STATE BOARD OF ADMINISTRATION › 19 - Departmental › Chapter 19-11 - PROCEDURES FOR THE PUBLIC EMPLOYEE OPTIONAL RETIREMENT PROGRAM › Section 19-11.006 - Enrollment Procedures for New Hires

Current through Reg. 50, No. 138; July 16, 2024
(1)
				General Enrollment Procedures.
(a) All
				newly-hired Florida Retirement System (FRS)-covered employees are initially
				enrolled in the Pension Plan. If a newly-hired employee chooses, within the
				statutory election period, to enroll in the Investment Plan, or the Investment
				Plan Hybrid Option, the effective date of enrollment in the Investment Plan or
				the Investment Plan Hybrid Option is the date of hire of the
				employee.
(b) Eligible newly-hired
				employees enrolled in the FRS may choose to enroll in the Investment Plan by
				submitting an enrollment form or by electronic means.
(c) Eligible newly-hired employees may enroll
				in the Investment Hybrid Option if they have at least five (5) years of Pension
				Plan service, if enrolled in the FRS prior to July 1, 2011, or at least eight
				(8) years of Pension Plan service, if initially enrolled in the FRS on or after
				July 1, 2011.
(d) Newly-hired
				employees eligible to enroll in the State Community College System Optional
				Retirement Program (SCCSORP) may only enroll in the Investment Plan by
				submitting an enrollment form or by electronic means.
(e) Enrollment forms for eligible newly-hired
				employees enrolled in the FRS are available by accessing MyFRS.com, and
				clicking on Forms; or by calling toll-free 1(866)446-9377, Option 2, or for the
				hearing impaired TRS 711.