Transcription of SUMMARY PLAN DESCRIPTION - MyFRS
{{id}} {{{paragraph}}}
Example: bankruptcy
SUMMARY PLAN DESCRIPTION - MyFRS
Florida retirement SystemSUMMARY PLANFRS Investment PlanDESCRIPTIONJuly 2021 TABLE OF CONTENTS DISCLAIMER .. 4 INTRODUCTION .. 5 INVESTMENT 6 Defined .. 6 plan Information .. 6 Amendments or Termination of the plan .. 8 Public Records Exemption .. 8 Rights to a Benefit .. 9 Situations Affecting Your Investment plan Benefits .. 11 INVESTMENT plan HYBRID 13 MEMBERSHIP .. 14 Classes of Membership .. 14 Investment plan Eligibility Requirements .. 15 Optional retirement Programs .. 15 Dual Membership Not Allowed .. 16 Social Security Coverage .. 16 Portability .. 16 Employment Status Types .. 17 ENROLLING IN THE INVESTMENT plan .. 18 Determining Pension plan Present Value .. 19 Cancelling a retirement plan Election .. 20 CONTRIBUTIONS .. 21 BENEFICIARY DESIGNATION .. 23 YEARS OF CREDITABLE SERVICE .. 24 VESTING .. 25 NORMAL retirement .. 27 INVESTMENT FUNDS .. 28 Changing Investment Funds .. 29 Excessive Fund Trading Guidelines .. 30 ACCOUNT FEES .. 33 ROLLOVERS TO THE INVESTMENT plan .
This summary plan description is a summary written in nontechnical terms of the main provisions of the Florida Retirement System (FRS) Investment Plan(Plan) . It is not intended to include every program detail. Complete details can be found in Chapter 121, Florida Statutes (F.S.), and the rules of the State
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: