Florida’s Regular Class pays a percentage value from 1.60% to 1.68% a year, rising as you pass normal retirement age or service. Normal retirement is 62 or 30 years for members enrolled before July 2011, and 65 or 33 years for later members. You can retire earlier once vested, with 5% off for each year before normal retirement age, which is what the lower cells show.
Regular Class, enrolled before July 1, 2011
| Age | 10 yrs | 15 yrs | 20 yrs | 25 yrs | 30 yrs | 35 yrs |
|---|---|---|---|---|---|---|
| 55 | 10.4% | 15.6% | 20.8% | 26.0% | 48.0% | 58.8% |
| 56 | 11.2% | 16.8% | 22.4% | 28.0% | 48.0% | 58.8% |
| 57 | 12.0% | 18.0% | 24.0% | 30.0% | 48.0% | 58.8% |
| 58 | 12.8% | 19.2% | 25.6% | 32.0% | 48.0% | 58.8% |
| 59 | 13.6% | 20.4% | 27.2% | 34.0% | 48.0% | 58.8% |
| 60 | 14.4% | 21.6% | 28.8% | 36.0% | 48.0% | 58.8% |
| 61 | 15.2% | 22.8% | 30.4% | 38.0% | 48.0% | 58.8% |
| 62 | 16.0% | 24.0% | 32.0% | 40.0% | 48.0% | 58.8% |
| 63 | 16.3% | 24.5% | 32.6% | 40.8% | 48.9% | 58.8% |
| 64 | 16.5% | 24.8% | 33.0% | 41.3% | 49.5% | 58.8% |
| 65 | 16.8% | 25.2% | 33.6% | 42.0% | 50.4% | 58.8% |
| 66 | 16.8% | 25.2% | 33.6% | 42.0% | 50.4% | 58.8% |
| 67 | 16.8% | 25.2% | 33.6% | 42.0% | 50.4% | 58.8% |
Regular Class, enrolled July 1, 2011 or later
| Age | 10 yrs | 15 yrs | 20 yrs | 25 yrs | 30 yrs | 35 yrs |
|---|---|---|---|---|---|---|
| 55 | 8.0% | 12.0% | 16.0% | 20.0% | 24.0% | 57.8% |
| 56 | 8.8% | 13.2% | 17.6% | 22.0% | 26.4% | 57.8% |
| 57 | 9.6% | 14.4% | 19.2% | 24.0% | 28.8% | 57.8% |
| 58 | 10.4% | 15.6% | 20.8% | 26.0% | 31.2% | 57.8% |
| 59 | 11.2% | 16.8% | 22.4% | 28.0% | 33.6% | 57.8% |
| 60 | 12.0% | 18.0% | 24.0% | 30.0% | 36.0% | 57.8% |
| 61 | 12.8% | 19.2% | 25.6% | 32.0% | 38.4% | 57.8% |
| 62 | 13.6% | 20.4% | 27.2% | 34.0% | 40.8% | 57.8% |
| 63 | 14.4% | 21.6% | 28.8% | 36.0% | 43.2% | 57.8% |
| 64 | 15.2% | 22.8% | 30.4% | 38.0% | 45.6% | 57.8% |
| 65 | 16.0% | 24.0% | 32.0% | 40.0% | 48.0% | 57.8% |
| 66 | 16.3% | 24.5% | 32.6% | 40.8% | 48.9% | 57.8% |
| 67 | 16.5% | 24.8% | 33.0% | 41.3% | 49.5% | 57.8% |
Special Risk, enrolled before July 1, 2011
| Age | 10 yrs | 15 yrs | 20 yrs | 25 yrs | 30 yrs | 35 yrs |
|---|---|---|---|---|---|---|
| 55 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 56 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 57 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 58 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 59 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 60 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 61 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 62 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 63 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 64 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 65 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 66 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 67 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
Special Risk, enrolled July 1, 2011 or later
| Age | 10 yrs | 15 yrs | 20 yrs | 25 yrs | 30 yrs | 35 yrs |
|---|---|---|---|---|---|---|
| 55 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 56 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 57 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 58 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 59 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 60 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 61 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 62 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 63 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 64 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 65 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 66 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
| 67 | 30.0% | 45.0% | 60.0% | 75.0% | 90.0% | 100.0% |
Percent of final average salary, before tax and before any survivor-option reduction. Green cells are unreduced. A dash means you cannot retire yet at that age and service.
Turning a percentage into dollars
Multiply the percentage by your final average salary and divide by twelve. At 60% of an $80,000 average, the pension is $48,000 a year, or $4,000 a month. Average of your highest 5 fiscal years (Tier 1) or highest 8 fiscal years (Tier 2, enrolled July 2011 or later). The Florida FRS calculator does the arithmetic for any age, service and salary, and the pension by years table shows monthly amounts at common salaries.
How to use the chart
Find your expected service in the columns and read down to see how the benefit changes as you wait. The jump from one row to the next shows what an extra year at work is worth. When a whole row turns green, that age is unreduced for that service. To find the exact day you reach it, use the retirement date finder.