Do you have questions about the Florida Retirement System (FRS) or about your retirement benefits in general as a Florida public employee? The State of Florida has two main retirement options for employees. You can choose between the FRS Investment Plan or the FRS Pension Plan.
If you are a new employee, you have eight months from your hire date to decide which plan you want to participate in. If you’ve been an employee for a while, you are already part of one of these retirement options.
Each FRS component has its own nuances and rules, so it’s helpful to know the basics of what they involve. Here is a quick rundown of the Florida Retirement System and the various benefits that it provides.
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