F.R.S. Investment Plan
WHAT IS YOUR F.R.S. INVESTMENT PLAN?
Your retirement benefits are based on your account balance.
Employer contributions to your account
Your contributions to your account
Plus investment returns
Minus expenses, fees and losses
What is D.R.O.P.? (DROP) Allows you to effectively retire under under the Florida Retirement System (FRS)
The DROP plan, begins accumulating your retirement benefits, without terminating your employment for up to 60 months from the date you first reach your normal retirement date. You will simultaneously earn a salary and retirement income.
While participating in DROP, your monthly retirement benefits accumulate in the FRS Trust Fund.