Florida Retirement System Pension Plan

Pension Plan Overview

This defined-benefit plan pays a guaranteed lifetime monthly benefit based on years of service and highest salary while working for an FRS-covered employer. Vested Pension Plan participants who reach their normal retirement age or full years of service may take advantage of the Deferred Retirement Option Program (DROP).


  • Law Enforcement
  • Faculty (Exception: College of Medicine and Health Science Center Faculty participate in the SUSORP)

Enrollment for New Employees

  • Exempt/salaried employees:
  • Nonexempt/hourly employees:

Contribution Rates

  • Employer: 8.47% for Regular Class; 25.48% for Special Risk Class
  • Mandatory Employee: 3.00% of biweekly earnings
  • Voluntary Employee contributions are not permitted to this plan


  • Contacts
    • Free FRS Financial Advisors: (866) 446-9377
    • Division of Retirement (DOR): (844) 377-1888

Loans/Hardship Withdrawals

Loans and hardship withdrawals are not permitted.

Update My Beneficiary

Complete the FRS Pension Plan Beneficiary Designation Form and fax it to FRS at (850) 410-2010.

Ready to Retire?

Visit our Ready to Retire page for more information.