RETIREMENT

Faculty and Administration employees may participate in one of the three Florida Retirement System (FRS) retirement plans: the FRS Pension Plan (FRSP), FRS Investment Plan (FRSI) or Optional Retirement Plan (ORP).

Staff employees may participate in one of two Florida Retirement plans: the FRS Pension Plan or the FRS Investment Plan.

Florida Retirement Plan Options

Florida Retirement System Pension Plan	A detailed summary of the FRS Pension Plan - with information on eligibility requirements, retirement income options, and related programs.
Florida Retirement System Investment Plan	A detailed summary of the FRS Investment Plan - with information on eligibility requirements, retirement income options, and related programs.
State University System Optional Retirement Program (SUSORP)	A detailed summary of the State University System Optional Retirement Program (SUSORP)- information on eligibility requirements and choosing investment providers.
Comparing the Plans	A side-by-side comparison of the Investment Plan and Pension Plan - highlighting basic differences and similarities to help you make an informed choice.
Division of Retirement SUSORP Contact Information	You will find the Florida Retirement representative contact list for information on enrollment into the Optional Retirement Plan.
Eligibility & Plan Comparing between SUSORP (State University System Optional Retirement Plan) and the Florida Retirement Plans	Plan comparison between SUSORP and Florida Retirement Plans.
Retirement Guides	The Retirement Guides and Informational Booklets page contains retirement guides for the various classes of FRS membership (Regular Class, Special Risk Class, Elected Officers' Class and Senior Management Service Class). These guides provide benefit and policy information relevant to each class of membership within the FRS.
Getting Your Benefit	A guide to getting your FRS benefit, based on when you leave FRS employment.
Financial Guidance with Ernest & Young	Video that explains Ernst & Young's financial planning services.
Florida Retirement Quick Clips	Short presentations explaining various FRS Pension Plan topics (DROP, and Reemployment after Retirement. You can also view a printed copy of each clip by clicking on the PDF link after each title.
Florida Retirement Online Services	You can access your personal retirement account information and can calculate informal benefit estimates based on assumed retirement ages.

Voluntary Retirement & Savings Plans

403(B) Retirement Plan Option	You will find a summary of the 403b plan, how to enroll, IRS contribution limits and provider contact list
403 (B) Provider Contact Information	You will find the contact list of approved participating companies with which participants can invest their voluntary retirement contributions.
457 Retirement Plan Option	Here is a summary of the 457 plan, how to enroll, IRS contribution limits and provider contact list.
457 Provider Contact information	You will find the contact list of approved participating companies with which participants can invest their voluntary retirement contributions.

Preparing for Retirement

Deferred Retirement Option Program	The Deferred Retirement Option Program (DROP) pages provide useful information about DROP and the benefits you may accumulate through participation in DROP.
Phased Retirement	Detailed description on the Phased Retirement Program
Estimates	The Estimates page allows you to request official estimates from the Division of Retirement and obtain information about your potential Social Security benefit or IRS withholding taxes.
Retiree Checklist	This checklist addresses important steps that the typical State employee should consider when planning for retirement. It is provided for informational purposes only and was designed for members of the Florida Retirement System (FRS) participating in either the Pension Plan or Investment Plan and working at agencies that use the People First System (PFS) for personnel administration
Retiree Health Insurance Guide	Guide to understand available benefits, and make choices that are best for you and your family