USPS & Law Enforcement

Retirement

EMPLOYEES MUST SELECT ONE OF THE THREE AVAILABLE PLANS:

Florida Retirement System (FRS) Pension Plan: A defined benefit plan that pays a guaranteed lifetime monthly benefit using a formula based on service and salary while working for an FRS-covered employer.
Florida Retirement System (FRS) Investment Plan: A defined contribution plan where the benefit depends on the amount of money contributed to employee’s account and its growth over time.
State University System Optional Retirement Program (ORP): A defined contribution plan where participants decide how to allocate the money in their account among available investment funds. Available to TEAMS exempt positions. Special Risk does not apply to this plan. Learn more

ADDITIONAL PLANS YOU MAY ADD TO YOUR RETIREMENT:

Voluntary 457 Deferred Compensation Plan: Retirement savings plan that allows employees to defer receiving a portion of earnings until retirement.
403(B) Plans: Intended to supplement retirement income from a state plan or act as a stand-alone plan.
- UF Tax-Deferred 403(B) Plan: Contributions and earnings are allowed to grow tax-deferred until the money is taxed as income when withdrawn from the plan.
- UF After-Tax Roth 403(B) Plan: Participants pay taxes as contributions are made and qualified distributions are tax-free.
- Voluntary ORP (Tax-Deferred 403 (B)) Plan: Only available to ORP participants. Contributions and earnings are allowed to grow tax-deferred until the money is taxed as income when withdrawn from the plan.

Health Plans

State of Florida Plans

Dental Plans

*State of Florida benefits are available to employees who work 30 hours per week or more (.75 FTE) on average over the defined measurement period.

**UF Select & GatorCare benefits are available to employees 20 hours per week or more (.50 FTE).