R. 60T-1.001 Scope and Purpose
R. 60T-1.002 Definitions
R. 60T-1.003 Actuarial Reports
R. 60T-1.0035 Additional Actuarial Disclosures
R. 60T-1.004 Actuarial Impact Statements
R. 60T-1.006 Defined Contribution Plans
R. 60T-1.007 Funding
R. 60T-1.008 Biennial Report of Decision-Making in Voting and Adherence to Fiduciary Standards
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Terms Used In Florida Regulations > Chapter 60T-1 - Local Retirement Systems

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Amortization: Paying off a loan by regular installments.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.