FRS Pension Calculator (Florida Retirement System)

FRS Pension Calculator

Estimate your benefits from the Florida Retirement System (FRS) Pension Plan.

Average of your 8 highest years of salary.

Advanced Options

Enter your age to check for early retirement reductions.

About Our Tool

The Florida Retirement System (FRS) Pension Plan provides a lifetime benefit for public service employees, including firefighters and law enforcement. This calculator is designed to give you a simple, clear illustration of your potential retirement income based on your service details.

Understanding your FRS pension is a key step in planning a secure future. Use this tool to see how your years of service and salary translate into a reliable monthly income in retirement.

Key Features of Our Tool

  • Multiple FRS Classes: Calculates benefits for the Special Risk, Regular, and Senior Management classes.
  • Clear Annual & Monthly Estimates: See your retirement income broken down into both yearly and monthly amounts.
  • Early Retirement Scenarios: The advanced options check if your benefit might be reduced for early retirement.
  • Simple Interface: Designed to be user-friendly and easy to understand, matching your website’s clean aesthetic.

How To Use This Tool

  1. Select Your FRS Class: Most firefighters and law enforcement are in the Special Risk Class.
  2. Enter Years of Service: Input your total years of creditable service.
  3. Provide Your AFC: Enter your Average Final Compensation (the average of your 8 highest-paid years).
  4. Use Advanced Options (Optional): Enter your age at retirement to check for potential early retirement reductions.
  5. Click Calculate: See your estimated pension results instantly.

Frequently Asked Questions

Q: What is the “Special Risk Class”?

A: This class is for employees in high-risk professions, including firefighters, law enforcement officers, and correctional officers. It has a higher percentage multiplier (3%) and earlier retirement eligibility than the Regular Class.

Q: What is Normal Retirement for the Special Risk Class?

A: Normal retirement is reached at 25 years of service at any age, or at age 55 with at least 8 years of service. For members enrolled after July 1, 2011, it’s 30 years of service or age 60.

Q: Does this calculator include DROP?

A: No, this tool calculates your straight pension benefit. The Deferred Retirement Option Program (DROP) is a separate, complex program. This calculator gives you the base pension amount that your DROP participation would be based on.

Q: Is this calculator 100% accurate?

A: This tool provides a high-level illustration. For a guaranteed, official benefit calculation, you must contact the FRS directly.

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Disclaimer: This tool provides an estimate for illustrative purposes only and does not constitute financial advice. Consult with the Florida Retirement System or a qualified financial advisor for official figures.