The information provided in this guide is based on the Florida. Retirement System (FRS) Pension Plan laws and rules in existence as of July 2024.In order to qualify for retirement benefits, an employee must be vested. If you are a State and. View my investment plan balance, calculate my pension plan benefit, make an initial plan election, make a second election, need help? New York City Mandates Private Employers to Provide Retirement Savings Plans for Employees; Similar Statewide Law Not Far Behind. The normal retirement age is 62 or 65, depending on when they were hired. The monies so picked-up shall be deposited in the Fund on a monthly basis. An account record shall be maintained continuously for each Member. When should participants expect to receive distributions from their retirement plans after terminating employment?