Florida Retirement System (FRS)
Florida Retirement System (FRS) is an employer and employee contributory system and membership in the FRS is compulsory. In other words, your employer pays the required portion of your retirement contributions necessary for you to earn service credit towards a future retirement benefit. The employee pays a 3% employee contribution towards your retirement benefit.
FRS offers two retirement plans for employees to choose from:
- FRS Pension Plan
- FRS Investment Plan
FRS Pension Plan
FRS Investment Plan
This is a traditional retirement plan designed for longer service employees. It pays a guaranteed monthly benefit based on service and salary at retirement. Employees qualify for benefits after six years of service.
This plan was designed for a more mobile workforce. The benefit is based on how much money is contributed to your account and how well that invested money grows over time. Employees qualify for benefits after one year of service.
Beneficiary Designation Form Investment Plan Only (IPBEN-1)
Information Request (FR-9)
Employee Rollover Deposit Form (IPRO-1) Investment Fund Summary Quick Guide Think Twice before Rolling Out of the Investment Plan
In-State and Out-of-State Service Creditable (Cost to Purchase)
E-Z Retirement Enrollment Form (ELE-1-EZ)
PreTax Direct Rollover Form (PRO-1)
2nd Election EZ Retirement Plan Enrollment Form (ELE-2-EZ) How To Read Your Investment Account Statement
FRS Online is a secure website administered by the Department of Management Services, Division of Retirement. This website provides:
- Pre-retirement information to active Pension Plan members.
- Post-retirement information to retired Pension Plan members.
- Post-retirement information for members receiving the Retiree Health Insurance Subsidy (HIS) benefit.