Florida Retirement System (FRS) Retirement Options

The Florida Retirement System (FRS) offers two retirement options: The FRS Pension Plan provides a monthly benefit to you when you retire. The FRS Investment Plan lets you choose how your money is invested and how you want to receive payments.

https://choosemyfrsplan.com/choice-service.html

Please visit the Florida Retirement System website www.myfrs.com or call (866)446-9377 for more information.


457 Deferred Compensation

The 457 Deferred Compensation Program allows employees to set aside tax deferred dollars toward retirement savings through automatic payroll deductions. There is no employer matching for this program.

The money contributed into this type of account, including earnings; accumulate on a tax deferred basis. Employees can consolidate their retirement savings by rolling other eligible retirement assets into this type of account. Minimum and maximum participation amounts apply.

Employees have 2 companies from which to choose if they want to participate in this benefit.

 
MISSION SQUARE
www.icmarc.org
Customer Service
(866)886-8711

NATIONWIDE
www.nationwide.com
Customer Service
(239)821-4779

The money contributed into this type of account, including earnings; accumulate on a tax deferred basis. Employees can consolidate their retirement savings by rolling other eligible retirement assets into this type of account. Minimum and maximum participation amounts apply.


 

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