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Florida Retirement System (FRS)
The Florida Retirement System (FRS) was established in 1970 as a consolidated statewide retirement system for Florida's public employees. Sarasota County makes contributions on behalf of all county employees into the FRS system as a percentage of reported compensation required by law to fund employees' retirement benefits. The FRS currently offers a defined benefit plan that provides retirement, disability, and death benefits to members and DROP participants. In addition, the FRS offers eligible employees both integrated and nonintegrated optional defined contribution plans. To find out about the Florida Retirement System options visit the My Florida Retirement System Web site.
FRS resources
Deferred compensation (457 Plans)
Deferred compensation is a voluntary, supplemental retirement plan that enables you to save money for retirement through pre-tax contributions from your gross salary. (Click the company name below to visit the provider website)
Check TRAC for a schedule of deferred compensation classes |