As an employee enrolled in the Optional
Retirement Plan, you can not begin to receive your employer-funded
benefits while you are still employed with any Florida Retirement System
(FRS) employer. Once you have terminated employment or retired, you do
have access to your funds after you have terminated for 1 calendar
month. For example, if you terminate on June 6th, the
earliest that you can receive the funds or roll-over the funds to a non-
ORP company would be August 1.
By receiving your employer-funded
benefits under the Optional Retirement Program, if you return to work in
an FRS-covered position, you will be considered a renewed member
(re-employed retiree), and will not be eligible for disability benefits,
special risk class membership, or to participate in the DROP program.
The
ORP-ETF form is required to be completed prior to
any withdrawal of employer-funded benefits.
-
Complete the ORP-ETF form member
certification
-
Forward to your USF-HR Retirement
department for the completion of the employer certification
-
The USF-HR Retirement department
will forward to the Division of Retirement to complete their
certification
-
The Division of Retirement will
forward the completed form to your provider company
