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Enroll in a PlanFRS Pension Plan and FRS Investment PlanAll 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:
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 PlanWant 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 |
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