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Retirement


Pension Plan 

  • Contact your Human Resource Office three to six months prior to your date of retirement.
  • Request an official estimate of retirement benefits from the Division of Retirement toll free at (844) 377-1888, opt 3 or locally at (850) 907-6500.
  • Apply for retirement by completing the Application for Service Retirement . You will then submit your completed application to your Human Resource Office to certify your retirement date.
  • Meet with your Human Resource Office regarding the continuation of insurance at retirement.

When you retire from DROP: Florida Department of Management Services - DROP Information 

  • You will receive a DROP Termination Packet automatically, three months prior to your original DROP termination date. This packet will contain the DP-TERM and DP-PAYT Forms for you to complete.
  • Contact your Human Resource Office once you receive this packet, to certify your date of retirement and submit your DP-TERM and DP-PAYT Forms.
  • If you anticipate retiring from DROP early, contact the DROP Termination Unit at toll free (844) 377-1888, opt 3 or locally at (850) 907-6500, to request your DROP Termination Packet.
  • Meet with your Human Resource Office regarding the continuation of insurance at retirement.

Investment Plan 

  • Contact your Human Resource Office to notify them of your official resignation date and your intentions to retire.
  • Review your options with an Ernest & Young Financial advisor, by contacting the My FRS Guidance Line at 1-866-446-9377, option 2.
  • Review the Investment Plan Termination Kit  for additional information regarding: the process for requesting a distribution, roll overs to other qualified plans, purchasing a lifetime annuity, as well as important tax considerations and early withdrawal penalties.
  • Meet with your Human Resource Office regarding the continuation of insurance at retirement.

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