All new employees (except OPS) automatically become members of the Florida Retirement System (FRS) and are covered by Federal Social Security. The State pays the full cost of the retirement contribution into the FRS fund. Two options are offered, the pension plan and the investment plan. Employees have 180 days from the date of employment to select an option. Social Security deductions are matched by the State.
Eligibility for retirement is gained by completing at least six years of credible service and attaining age 62 or by completing 30 years of credible service regardless of age. Members of special risk classes are eligible for full retirement after 25 years of credible service regardless of age. The retirement system also provides for disability retirement for employees under certain conditions.