Retirement


Retirement

The Florida Retirement System (FRS) Plan Administrator is responsible for administering the FRS Investment Plan as well as providing assistance to new employees in making a retirement plan election. Employees may contact My FRS Guidance Line, at 1 (866) 446-9377, to speak to an Ernest & Young Financial Advisor regarding their retirement plan options, comparing the plan features, as well as investment and retirement planning. Employees may also contact the Division of Retirement at (844) 377-1888 or locally at (850) 907-6500, to discuss their options for Regular Service Retirement, the Deferred Retirement Option Program (DROP), Upgrading Prior Service Credit, Survivor Benefits, and Disability Retirement.

Who is Eligible?

  • Regular Class – Pension Plan, Investment Plan, Deferred Compensation (457b) Plan
  • Special Risk Class – Pension Plan, Investment Plan, Deferred Compensation (457b) Plan
  • Senior Management Class – Pension Plan, Investment Plan, Deferred Compensation (457b) Plan
  • Elected Officers Class - Pension Plan, Investment Plan, Senior Management Optional Annuity Program (SMSOAP), Deferred Compensation (457b) Plan
  • OPS – Deferred Compensation (457b) Plan

Retirement Information for New Hires

Florida Retirement System Plans:

For a description of retirement classes click here: Retirement Class Specifications


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