• FRS Podcast Episode 8: Pension Option 4

  • Apr 15 2019
  • Length: 7 mins
  • Podcast

FRS Podcast Episode 8: Pension Option 4

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  • Summary

  • Don and Alex are discussing the 4 Pension Options you can choose from when you retire from the Florida Retirement System. Option 4 is a lifetime option for both participant and spouse, but if either the participant OR their spouse dies the pension is reduced by 1/3 for the rest of the surviving spouse’s life. Like option 3, this option payout is based on the participant’s spouse’s life expectancy.
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