For your convenience, we have created an FAQ regarding retirement plan enrollment.
After you retire under the normal or early retirement provisions of the Florida Retirement System (FRS) pension plan, you may work for a private employer, a Florida public employer not covered by the FRS, or a public employer in another state or covered by another state's retirement system without affecting your retirement benefit.
The limitations on reemployment with participating FRS employers are as follows:
For information about retiree insurance, please contact one of the following:
Employees are cashed out all accumulated annual leave up to their maximum. (Support staff = 240 hours) (Faculty and Administrative = 352 hours). Note: DROP participants are only eligible for the difference between their maximum and the hours they were cashed out at the time they entered DROP.
Employees who have 10 years of verified UNF service are eligible to be cashed out up to one-fourth of their accumulated sick leave hours not to exceed 480 hours.Note: Employees may rollover their annual or sick leave into an existing 403(b) Tax Sheltered Annuity offered by UNF or 457(b) State Deferred Compensation Account to avoid certain taxes. However, the rollover amount will be subject to Social Security and Medicare taxes, as well as Federal Taxes on the Social Security and Medicare deduction. Please note, employees should check with their company representative to ensure they don’t exceed federal limits.
Employees retired from the University shall be eligible, upon request, and on the same basis as other employees, to receive the following benefits at the University.
In-unit faculty members and police officers should refer to their respective bargaining agreements for any and all University perks offered to them.
The 2nd Election option gives all FRS members a one-time opportunity to switch retirement plans during their active FRS career. However, it is a complex subject with financial implications for the member who uses it. Members are advised to contact the myFRS financial guidance line at (866) 446-9377 or go online to the myFRS web page for assistance.
The FRS provides a disability provision for members of the FRS pension plan and FRS investment plan who become totally and permanently disabled and are unable to work. Refer to the disability retirement page for more information.
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2010 retiree benefit guide
Retiree health center
Retirement plan enrollment FAQ
Division of Retirement
Social Security Administration
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