Frs Certification Form PDF Details

Navigating the complexities of retirement can be a daunting task, especially for individuals involved with the Florida Retirement System (FRS). The FRS Certification Form serves as a crucial step in clarifying the retirement status and previous engagements of employees or potential hires within the state of Florida's administered retirement plans. This document is pivotal for those interacting with the FRS, detailing essential actions and implications for individuals who are either entering retirement, considering reemployment, or switching between retirement plans. It outlines various scenarios, including never being part of a State of Florida administered retirement plan, being a current or past member, not being retired from any State of Florida administered retirement plan, and being retired from one. For each circumstance, the form provides specific instructions and conditions, such as the repayment of unauthorized benefits or the suspension of monthly retirement benefits under certain reemployment situations after retirement. Moreover, it underscores the importance of abiding by the rules regarding employment post-retirement and the potential financial repercussions of not doing so. These guidelines aim to prevent any conflicts with the FRS retirement benefits eligibility and ensure that individuals are correctly navigating their retirement pathways, making it an indispensable tool for both employers and employees within the Florida Retirement System.

QuestionAnswer
Form NameFrs Certification Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesSMSOAP, florida retirement system certification form, Florida, frs form

Form Preview Example

Florida Retirement System (FRS) - Certification Form

This form is NOT an offer of employment or an enrollment form. If hired, a Retirement Choice kit may be mailed to your home with an enrollment form.

Name

Agency Name

Previous or Current FRS Employer

PLEASE COMPLETE SECTION I, II, III, OR IV

I.I have never been a member of a State of Florida administered retirement plan.

SIGNATURE

DATE

ST OP H ERE

II.I was or currently am a member of the following State of Florida administered retirement plan (also complete Section III or IV)1

FRS Pension Plan (incl. DROP)

FRS Investment Plan

State University System Optional Retirement Program (SUSORP)

State Community College Optional Retirement Program (SCCORP)

Senior Management Service Optional Annuity Program (SMSOAP)

Other

 

 

III.I am not retired from any State of Florida administered retirement plan. I understand that if it is later

determined that I was a retiree and was reemployed during the first 6 calendar months after I retired or after my DROP termination date, or at any time during the 7th through 12 months after I retired or after my DROP termination date, I must repay all unauthorized benefits received (see Section IV for details), or, if in the Investment Plan, terminate my employment. My employer may also be liable for repaying any unauthorized benefits I received.

SIGNATUREDATE

IV. I am retired from a State of Florida administered retirement plan. My FRS Pension Plan retirement ef- fective date, DROP termination date, or date I received my first distribution from the FRS Investment Plan, SUSORP, SCCORP, SMSOAP, or other plan was ______________________.

If I am initially reemployed by an FRS-covered employer on or after July 1, 2010, I will not be per- mitted to participate in a State of Florida administered retirement plan to earn an additional retirement benefit.

I understand that as a Pension Plan retiree:

a.If I am employed by an FRS-covered employer in any type of position2 during the first 6 calendar

months after I retired or after my DROP termination date, my retirement and DROP status are voided, all retirement and DROP benefits I received must be repaid,3 and I must reapply for retirement in order to receive future benefits.

b.If I am reemployed by an FRS-covered employer at any time during the 7th through the 12th months

after I retired or after my DROP termination date, my monthly retirement benefit must be suspended4 and any unauthorized benefits received must be repaid.3 My employer may also be liable for repaying any unauthorized benefits I received.

I understand that as an Investment Plan, SUSORP, SCCORP, or SMSOAP retiree:

a.If I am employed by an FRS-covered employer in any type of position2 during the first 6 calendar months after I retired, I must repay3 any benefits received or terminate employment for an additional period to satisfy the 6 calendar month termination requirement.

b.If I am reemployed by an FRS-covered employer at any time during the 7th through the 12th months

after my retirement, I will not be eligible for additional distributions until I terminate employment or complete 12 calendar months of retirement.4

Retiree Definition

You are considered retired if:

1.You have re- ceived any bene- fits under the FRS Pension Plan (including DROP), or

2.You have taken any distribution (including a roll- over) from the FRS Investment Plan, or alterna- tive retirement programs offered by state universi- ties (SUSORP), state community colleges (SCCORP), state government for senior managers (SMSOAP), or local govern- ments for senior managers.

SIGNATURE

DATE

1If you are not retired and earned FRS service after certain periods in 2002 (depending on your employer), you must rejoin the FRS retirement plan you were enrolled in when you terminated FRS-covered employment. You may have a one-time 2nd Election to switch FRS retirement plans. Also, alternative retirement programs are available to certain employ- ees. Contact your employer for deadline and other information.

2Positions include OPS, temporary, seasonal, substitute teachers, part-time, full-time, regularly established, etc.

3Florida law requires a return of all unauthorized Pension Plan benefit payments or Investment Plan distributions received by a member who has violated the FRS termination or reemployment provisions. Similar provisions apply to unauthorized SUSORP, SCCORP, or other state-administered plan distributions – contact that plan’s administrator for details. 4There are no reemployment exemptions/exceptions for Pension Plan members whose effective date of retirement or DROP termination date is on or after July 1, 2010 or Invest- ment Plan, SUSORP, SCCORP, or SMSOAP members who retire on or after July 1, 2010.

CERT

Revised 02-2012

EMPLOYERS: RETAIN THIS FORM IN THE EMPLOYEE’S PERSONNEL FILE. DO NOT SEND THIS FORM TO THE FRS, UNLESS REQUESTED.

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