PensionForge: FRS Retirement

PensionForge

About this app

Model your Florida Retirement System benefits the way they actually work — pension, DROP, deferred compensation, and Social Security in one connected picture.

Your pension, your DROP account, and your 457(b) savings all affect each other, but most estimates show one piece at a time. PensionForge models them together, on the real FRS formulas: class multiplier, average final compensation (AFC), vesting, enrollment era, COLA, and DROP interest.

WHAT YOU CAN MODEL

• Your FRS pension — monthly benefit estimated from your class multiplier, AFC, service years, and enrollment era (pre- or post-July 2011).
• DROP — project your lump sum with monthly compounding, the statutory interest rate, and COLA across your program window.
• Any separation date — with DROP, without DROP, or working past normal retirement.
• Deferred compensation — 457(b), 403(b), and Roth balances growing alongside your pension, with traditional/Roth splits and per-account rates.
• Social Security — estimated as its own line, adjusted for your claiming age.
• Pension Plan vs Investment Plan — line up the projected monthly benefit against the projected account balance.
• Purchased service credit — record buy-back time and see how it moves your dates.
• Survivor benefits and payment options 1 through 4.
• Side-by-side scenarios — different ages and paths, compared in one view.
• Threshold alerts — get notified when a projection crosses a value you set.
• PDF reports — single scenario, comparison, and portfolio.

13 TOOLS

Pension benefit • AFC calculator • DROP modeling • DROP Exit Strategy • 457(b) growth • Contribution strategy compare • Full retirement projection • Re-employment restriction • Social Security estimator • Service Credit Purchase • Survivor Benefits • Retirement state relocation • Plan Election Explorer

LEARN THE RULES

Over a dozen plain-language articles covering DROP, AFC, COLA, the Health Insurance Subsidy, plan options, service purchase, leaving FRS, and Investment Plan funds — plus a full FRS glossary. Every number links back to the rule behind it. Legislative Pulse tracks FRS-related bills in the Florida Legislature.

WHO IT'S FOR

Every FRS membership class is modeled with its own multiplier, vesting rules, and normal retirement dates — Special Risk, Regular, Special Risk Administrative Support, Senior Management Service, and both tiers of the Elected Officers' Class.

EDUCATIONAL, NOT ADVICE

PensionForge presents FRS mechanics neutrally. It estimates and projects based on the inputs you provide, for educational purposes. It is not a financial advisor and does not tell you what to do.

SOURCES

FRS rules, formulas, and benefit structures referenced in this app are derived from publicly available government sources, including:

• Florida Division of Retirement — https://frs.fl.gov/

• MyFRS Financial Guidance Program — https://www.myfrs.com

• Florida Statutes, Chapter 121 — http://www.leg.state.fl.us/statutes/

• Florida Legislature bill tracking — https://www.flsenate.gov
NOT A GOVERNMENT APP

PensionForge is not created by, affiliated with, or endorsed by the State of Florida, the Florida Retirement System, the Division of Retirement, or any government entity. PensionForge is an independent educational tool developed by PensionForge LLC.
PRIVACY

No ads. Your data is isolated to your account.

Questions: [e-mail]

What’s new

Welcome to PensionForge. Built by firefighters for FRS members — firefighters, law enforcement, teachers, and state and county employees. Model your pension, DROP enrollment, deferred compensation, and savings in one place.