Transcription of UNDERSTANDING YOUR RETIREMENT BENEFITS UNDER …
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UNDERSTANDING YOUR RETIREMENT BENEFITS UNDER …
9/21/20171 Erin Rock, SecretaryUNDERSTANDING your RETIREMENT BENEFITS UNDER THE FRS PENSION PLANFor FRS Members Enrolled Prior to July 1, 2011 PENSION PLAN MEMBER HANDBOOK2 DIVISION OF RETIREMENT9/21/20172 RETIREMENT GUIDES3 DIVISION OF OF RETIREMENT9/21/20173 DISCLAIMERIf questions of interpretation arise as a result of the attempt to make RETIREMENT provisions easy to understand, Chapter 121, Florida Statutes; Chapter 60S, Florida Administrative Code; and the Internal Revenue Code shall remain the final OF RETIREMENTFRS HISTORY FRS created in December 1970 (TRS/SCOERS Merger) Only one plan FRS Pension Plan Employee contributions required Employee Non Contributory System (Jan. 1, 1975 June 30, 2011) Three percent Employee Contributions effective July 1, 2011 FRS Investment Plan offered beginning July 1, 20026 DIVISION OF RETIREMENT9/21/20174 THE TWO FRS PLANSP ension PlanInvestment PlanEY Financial PlannersMy FRS Financial Guidance Line (866) OF RETIREMENTPlan Choice GuidanceFree, unbiased financial planning and counseling services Chat live with EY Financial PlannerAccess financial planning tools and resources7 ELIGIBILITY FOR A FUTURE BENEFIT UNDER THE FRS PENSION PLAN Occurs when you become a vested member.
understanding your retirement benefits under the frs pension plan for frs members enrolled prior to july 1, 2011 pension plan member handbook 2 division of retirement. 9/21/2017 2 retirement guides 3 division of retirement frs.myflorida.com 4
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