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The department serves a diverse clientele that includes state agencies, state employees, state retirees, universities, community colleges, and local governments, along with their retirees. Additionally, DMS products and services are utilized by the residents, visitors, and businesses of Florida, encompassing over 1.1 million customers. [1]
The Florida Retirement System (FRS) Pension Plan, a defined benefit plan, is one of the largest public retirement plans in the US. [13] At year-end, it comprised over 80 percent of total assets under SBA management. [3] The FRS Pension Plan serves a working and retired membership base of nearly one million public employees. [14]
Section 514(b)(6)(A)(ii) [14] of ERISA provides that in the case of an employee welfare benefit plan that is a MEWA, any law of any state that regulates insurance may apply to the extent not inconsistent with Title I of ERISA. Accordingly, if a MEWA is self-funded rather than fully insured, the only limitation on the applicability of state ...
WAEPA offers up to $1.5M in coverage, [12] as well as a Chronic Illness Rider, [13] Guaranteed Issue Group Term Life Insurance, [14] and Group Short-Term Disability Insurance [15] for new federal employees. Since 1996, WAEPA has refunded over $101 Million dollars in premiums to its members.
The Florida Legislature is looking to boost the pay for a depleted state work force and for the third consecutive year has inserted a pay raise in a $116 billion state budget it will soon send to ...
Accommodation has its original meaning of a legal obligation entered into as a gratuitous favor without consideration, such as a signature guaranteeing payment of a debt. This is sometimes called an accommodation endorsement. [1] Its meaning has expanded to encompass a broader range of supportive actions, especially in terms of contracts and ...
Florida Fish and Wildlife Conservation Commission (FWCC) Other executive branch agencies and departments nominally under the authority of the Cabinet include: [ 1 ] [ 2 ] Florida Department of Highway Safety and Motor Vehicles (DHSMV)
In 2010 about 250 plans participate in the program. [3] About 20 plans are nationwide or almost nationwide, such as the ones offered by some employee unions such as the National Association of Letter Carriers, by some employee associations such as GEHA, and by national insurance companies such as Aetna and the Blue Cross and Blue Shield Association on behalf of its member companies.