Florida Retirement System (FRS)

The FRS is an employee and employer-contributory retirement plan. Florida Legislature states that full-time regular employees must participate in the FRS. Additional information regarding FRS can be viewed at www.myfrs.com.

Employees contribute 3% of their gross monthly salary on a pre-tax basis. The College of Central Florida also contributes an amount equal to the gross monthly salary multiplied by the corresponding employer rate. Employee contributions are vested immediately and the employer contributions have a vesting period. The vesting period may vary depending on what plan you enroll in and when you enrolled.

The FRS offers two types of retirement plans to its members: pension plan and investment plan. Click here to compare both FRS plans.

By calling the MyFRS Financial Guidance Line toll-free at 1-866-446-9377 (TRS 711), and selecting the correct option, you'll have access to experts who can answer all your questions about retirement planning, the FRS retirement plans, and managing your finances. This free service to all FRS members is a one-point source that will conveniently route you to the right source for information, including:

Option 1 - Plan choice information and financial guidance from expert, unbiased financial planners at EY
Option 2 - Help using and understanding the Choice Service and Advisor Service, and MyFRS.com login assistance
Option 3 - Details about the FRS Pension Plan from experienced counselors at the Division of Retirement
Option 4 - Information about conducting FRS Investment Plan transactions from Alight Solutions, the Investment Plan Administrator