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Under this program, the division annually distributes roughly $165 million in property and casualty insurance premium taxes to participating plans that comply with the chapter minimum benefits and standards. The division also oversees and monitors the actuarial soundness of 489 non-FRS local government retirement systems as required under Part VII, chapter 112, Florida Statutes, including the pension plans for municipal police and firefighters established pursuant to Chapters 175 & 185, Florida Statutes. The HIS provides more than $491 million in benefits, collects more than $555 million in employer contributions annually, and has more than $300 million in assets. The Retiree Health Insurance Subsidy Program (HIS) provides an additional payment to more than 445,000 retired FRS members with eligible health insurance coverage.

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It is primarily a collaborative content management software to manage different categories of content among different departments and users. It is a great software through which you can manage a large number of documents with ease.

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Two defined contribution plans, the State University System Optional Retirement Program (SUSORP) for eligible State University System personnel and the Senior Management Service Optional Annuity Program (SMSOAP) for certain state senior managers with more than 21,500 active members, 36,000 inactive members, collects more than $200 million annually in contributions and have $6.3 billion in assets. Alfresco is a free open source document management software for Windows.

The division also administers other state-administered retirement systems: The division pays out $12 billion a year in retiree benefits and maintains the service history, vesting and membership status records, and collects nearly $4.5 billion annually in employer and employee contributions from more than 1,000 employers for all FRS members.Д¬lick on the totals above to see the corresponding data charts. This entry was posted in News and tagged combox, data capturing, document management system. There are still four months left to 2021, how on Earth will we make it through. The perfect way to organize & manage any kind of file. The division administers the Florida Retirement System (FRS) Pension Plan, currently the fourth largest state retirement system in the US with more than 2.6 million active, retired, and terminated vested and non-vested members and $202 billion in assets. WeвЂ™ve passed the mid-year slump and for those working from home and commuting to the office every day, you probably feel fatigued. Scan & organize documents with our paperless document management software. The division currently has 205 full-time retirement staff and manages a 2020-21 operating budget of $23,712,202. The mission of the Division of Retirement (division) is to deliver a high quality, innovative, and cost-effective retirement system. Fleet Management and Federal Property AssistanceДЇlorida Division of Administrative Hearings

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