College of Central Florida

CF Employee Benefits

  • Bencor Special Pay Plan
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  • Frequently Asked Questions

FRS Pension Plan

Description

The FRS Pension Plan is a traditional defined benefit retirement plan in which employer and employee pretax contributions are defined by law and based on your salary and your FRS membership class (Regular Class, Special Risk Class, etc.) The benefit will pay you a set amount for life after meeting the minimum vesting and retirement requirements. Your monthly benefit payment calculation will depend on the following criteria: your years of creditable service, the average final compensation, the percentage value you receive for each year of service, and the option you select at retirement to receive your monthly retirement benefit.

Please visit myfrs.com and the FRS Pension Plan Member Handbook for detailed information regarding the FRS Pension Plan.

Manage Your Retirement

  • Ready.Set.Retire
  • DROP
  • Health Insurance Subsidy
  • Retirement Checklist
  • Plan for Your Retirement Videos
  • Advisor Service
  • Workshops
  • Division of Retirement Website
  • FRS Online

 

Your Options

  • Payment Schedule
  • Direct Deposit
  • DROP Rollover

 

How to Contact the Division of Retirement

Toll-free Phone: 844-377-1888
Local Phone: 850-907-6500
T.T.D. Phone: 800-955-8771
Fax: 850-410-2010
Email: retirement@dms.myflorida.com

 

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