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Florida Retirement System: Pension and DROP Options
Rating: 4.6 out of 5(108 ratings)
2,940 students

Florida Retirement System: Pension and DROP Options

Learn about the Florida Retirement System pension options
Created byDon Anders
Last updated 7/2017
English

What you'll learn

  • Understand the options within the Florida Retirement System pension program.

Course content

3 sections • 25 lectures • 52m total length

  • FRS Pension Option 12:03

    Dave Anders discusses Florida Retirement System pension option #1 -- and how to maximize your pension.

  • FRS Pension Option 1 Article1:25
  • Bonus: Pension Maximization1:23

    Dave Anders discusses the pension maximization. Pension maximization not only works for Florida Retirement System employees, but almost all pension / annuity options that have multiple survivorship payout options.

  • FRS Pension Option 21:43

    Dave Anders discusses the problem with FRS Pension Option 2 which is an increasing cost and a decreasing benefit.

  • Bonus: The problem with Pension Option 21:06
  • FRS Pension Option 2 Article1:33
  • FRS Pension Option 31:32

    Dave Anders discusses the Florida Retirement System Pension Option 3 which covers both the participant and spouse for their lifetimes

  • FRS Pension Option 3 Article1:02
  • FRS Pension Option 42:11

    Dave Anders discusses the Florida Retirement System Pension Option 4.

  • FRS Pension Option 4 Article0:48
  • FRS Investment Plan1:11

    Dave Anders discusses the Florida Retirement System Investment Plan (aka The Buyout Option)

  • FRS Investment Plan Article2:23

Requirements

  • You should be a part of the Florida Retirement System. No investment or financial knowledge is needed.

Description

This course is intended to educate Florida Public employees on their retirement options and choices, and how to fill out their retirement paperwork correctly. 

Topics we discuss:

  • Florida Retirement System (FRS) Pension Options
  • Florida Retirement System (FRS) Investment Plan Option
  • Deferred Retirement Option Program (DROP)
  • Deferred Retirement Option Program (DROP) Payout Options
  • How to fill out your Retirement Paperwork

Who this course is for:

  • This course is intended for Florida public employees who are part of the Florida Retirement System pension or investment plan.

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