Are you considering retirement? If yes, we recommend you contact one of our Benefits Analysts approximately two months prior to your anticipated retirement date to go over all of the FRS paperwork and benefits available to you as a retiree. Benefits staff will assist you with your FRS estimates and paperwork, go over the benefits available for continuation under the County’s group plans such as health, dental, vision and life insurance, and plans that you can continue through direct pay to the insurance carrier.
Who is a "Retiree?"
A retiree for benefit purposes is defined as an employee who leaves County employment and meets the FRS retirement requirements for the plan they are enrolled in.
Pension Plan and Investment Plan
- If your FRS employment began before July 1, 2011: 6 years of service and 62 years of age or 30 years of service.
- If your FRS employment began after July 1, 2011: 8 years of service and 65 years of age or 33 years of service.
- Early Retirement (only those enrolled in the Pension plan; special restrictions apply to those enrolled in the Investment plan)
- Disability Retirement (only those enrolled in the Pension plan; special restrictions apply to those enrolled in the Investment plan)
If you leave employment under any other circumstances, you are NOT considered to be a “retiree” for benefit purposes even if you later apply for, and receive, a benefit from FRS.
At the time of your separation from the County as a “retiree,” you may elect to continue the health (including pharmacy), dental, vision and life insurance coverage that you were enrolled in as an active employee. The coverage can continue as long as you continue to pay any required premiums by the due date and otherwise meet plan eligibility requirements. Waiver or non-election of a plan upon retirement or during a subsequent annual open enrollment will result in the retiree not being able to re-enroll in the waived plan at a future date.
Retiree Health Insurance Premiums
Health insurance premiums are billed by our Third Party Administrator, FBMC (Fringe Benefits Management Company). Retirees can elect to have their health (including pharmacy), dental or vision premium deducted from their FRS check through FBMC. Partial premium payments through FRS will not be accepted.
Moving Out Of The Service Area
If you move outside of the service area covered under your current insurance plan, you must change to another health insurance plan which services your new area.
Contact Employee Benefit Services at 954-357-6700 to make an appointment.
Medicare Supplement Insurance