FRS

If you work for the state, a county, a city, or a Florida university, your pension runs through the FRS. A plain guide to the Pension Plan and Investment Plan choice, DROP, the Special Risk class, and the federal tax bill that follows your payout.

Florida teachers are in the FRS, and the choices you make about your plan and DROP shape your retirement and your tax bill. A plain guide to the Pension Plan, the Investment Plan, DROP, and the tax-free layer that protects a big payout.