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Jumping the Gun


If you leave FRS employment before you're vested, you'll want to know what to consider and how it will affect your payout options.

What to Consider

If you're in the Investment Plan...


If you're in the Pension Plan...

  • If you enrolled in the FRS prior to July 1, 2011, you must have 6 years of service to be vested in your Pension Plan benefit. If you enrolled in the FRS on or after July 1, 2011, you must have 8 years of service to be vested in your Pension Plan benefit.
  • You may be entitled to a refund of your employee contributions.
  • Any benefit you've accumulated remains in the Pension Plan indefinitely.
  • If you leave prior to vesting and return to work for an FRS employer at any time in the future you will be able to add to the service you have already earned. If you proceed to meet the vesting rules in place at that time, you'll be entitled to a Pension Plan benefit.
  • If you don't return to an FRS employer, and you are vested in the Pension Plan, you may wish to consider early retirement rather than waiting until you attain normal retirement age.


Payout Options

You are NOT eligible for a payout of any benefit because you are leaving FRS employment before you are vested (except for employee contributions).