International Helmet Awareness Day 2022, Articles S

Online. Retirement. How do I stay on track to achieve my goals? Current issues are listed below: FRS Retiree Newsletter: This newsletter is distributed to retirees and other beneficiaries of the FRS Pension Plan once or twice a year to keep them informed of retirement legislation, benefit provisions and other retirement-related news of interest. There is nothing out of the norm about these investments, although diversification is key to maintaining success. Annual salary includes applicable employee pay additives (i.e., competitive area differential, trainer, hazardous duty, temporary special duty, legislative approved, critical market pay, and leadworker), but does not include overtime or other incentive payments. During the six-month window prior to retirement date: Review the Termination Kit; Call MyFRS at 1-866-446-9377; Submit your retirement letter to your department; After retirement date: Contact PeopleFirst about your State health/life insurance; Contact Social Security about Medicare enrollment . Deferred Retirement Option Program (DROP) This program was created as a temporary alternative to the FRS Pension Plan. Please select one of the buttons above to access your personal FRS information. Schedule Of Social Security Benefit Payments - Calendar 2022. State service and leaves State government because of retirement (for other than disability reasons), termination, or death. Withholding is likely how youve been paying taxes your entire working life, as money gets pulled from your regular checks as needed based on your exemptions and legal status. If you use direct deposit, your bene t payments will be available to you on the scheduled dates shown below for 2021: 2021 Remaining Re rement Payment Schedule Friday, July 30 Tuesday, Aug. 31 Thursday, Sept. 30 (1) Any person who is at least 62 years of age and who has completed not less than 30 years of service as an officer or enlisted person in the Florida National Guard (exclusive of time served on the inactive or retired lists) on, before, or subsequent to the passage of this section is eligible upon . You choose among the plan's payment options; either a lump sum payment or periodic payments. Be sure to include a copy of a valid government issued ID with the form. Terms and Conditions | Privacy Statement | Accessibility Statement | Copyright 2023 Department of Management Services - State of Florida, Fleet Management and Federal Property Assistance, Florida Division of Administrative Hearings, Florida Department of Management Services. HB 1023: Cost-of-living Adjustment of Retirement Benefits. Current issues are listed below: If you need an older FRS Bulletin or FRS Retiree Newsletter not posted here, please contact the Research and Education section at rep@dms.fl.gov.