Αποτελέσματα Αναζήτησης
Any FRS Pension Plan retiree initially reemployed with an FRS employer on or after July 1, 2010, is not eligible to participate in any state-administered retirement plan.
This section is intended to provide you with an overview of the FRS Pension Plan - from how and why the plan is offered, to eligibility requirements, retirement income options, and related programs. Click on the subheadings below to access the specific topic of interest within this page.
Regular Class Member, Tier 1: Normal Retirement age is 62, but member begins receiving benefit at age 60. The benefit is reduced by 10% (5% x 2 years from age 62). Member will receive 90% of normal retirement benefit. Option 1 Lifetime monthly benefit to you. Option 2 Lifetime monthly benefit to you. Ten year guarantee to beneficiary.
When you work for the state, the Florida Retirement System (FRS) offers two retirement options: The FRS Pension Plan provides a monthly benefit to you when you retire. The FRS Investment Plan lets you choose how your money is invested and how you want to receive payments. How does the FRS normally provide benefits?
As of July 1, in accordance with section 121.091(9)(d), Florida Statutes, retirees can be reemployed with an FRS employer and recieve both compensation and retirement benefits after meeting the six-calendar month termination requirement.
Any FRS Pension Plan retiree initially reemployed with an FRS participating employer on or after July 1, 2010, is not eligible to participate in any state-administered retirement plan. Mail FR-9 form found on Members page of website.
The 2024 edition of the Member Handbook for the Florida Retirement System Pension Plan has been prepared to inform you about the benefits and policies of your retirement system and your rights as a member. Membership in the Florida Retirement System (FRS) is an important benefit.
