Transcription of SUMMARY PLAN DESCRIPTION - MyFRS
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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.
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 ... • Type of Plan Defined Contribution Retirement Plan: qualified under ection 401(a) of the , S Internal Revenue Code.
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