Changes to Retirement Benefits
The Florida Legislature completed its 2011 session and passed Senate Bill 2100, making substantive changes to the Florida Retirement System (FRS).
The bill, which has been signed into law by Governor Rick Scott, is effective July 1, 2011. All FRS Pension Plan, FRS Investment Plan and SUS-ORP (Valic, ING, TIAA-CREF, Met life, Jefferson National) plan members will receive a letter from the State Board of Administration and/or Department of Management Services at their home address on file with the Division of Retirement over the next week outlining these changes.
Division of Human Resources