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Deferred Compensation Plan

Great West
T.Rowe Price
Schwab (Self-Directed Brokerage Account)


Enroll in a Plan

FRS Pension Plan and FRS Investment Plan

All eligible employees are automatically enrolled in the FRS Pension Plan when hired. You will receive a Retirement Choice Kit about 60 days after you are hired, and you have until 4 p.m. on the last business day of the fifth month following your month of hire to make a choice. If you don't make a choice, you'll remain in the FRS Pension Plan and this will count as your first election.

You can enroll:

  • Online – go to MyFRS; if you're logging in for the first time, use the Personal Identification Number (PIN) in the Retirement Choice Kit mailed to your home, then create a user ID and password.
  • By Phone – call 1-866-446-9377; use your PIN for this option too.
  • By Mail – download and complete the EZ Retirement Plan Enrollment form for your membership class and mail it to the address on the form.

Recently hired? You can use the New Hire Roadmap to learn what you need to know about both FRS plans.

Is a second election right for you? After making your initial FRS retirement plan selection, you may change plans only once during your remaining FRS working career. To consider whether changing plans could be right for you, visit "Second Election".

Deferred Compensation Plan

Want to save more for your retirement? As an employee, you can enroll at any time. Simply call or visit the Web site(s) of the investment provider(s) that you chose. Download an enrollment package, or call them so they can answer any questions that you may have. All representatives are licensed to enroll state employees in the Plan, and can discuss their investment products in detail. You may also go to the Deferred Compensation Web site or call the Deferred Compensation Office for additional information at 1-850-413-3162 or toll-free at 1-877-299-8002.