• Defined Benefit (Pension) Plan

    The following categories show options for an employee that is covered under the Pension Plan:

     

    Service/Early (regular retirement)

    A traditional retirement plan that pays a guaranteed lifetime monthly benefit. Click on the links below for additional information.

    FRS/Service/Early Retirement Application 
    BENCOR Special Pay Plan

     

    Deferred Retirement Option Program (D.R.O.P)

    The Deferred Retirement Option Program (DROP) provides employees with the opportunity to retire and begin accumulating their retirement benefits for up to 96 months, without terminating employment.  Please select the DROP Guide on the DROP link showed below to see if you are eligible to participate in the DROP plan. 

    DROP (Deferred Retirement Option Program)

     

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    Individual Retirement Appointments Available through the Scheduling Link

    We encourage employees planning to retire this year who need assistance to schedule a one-on-one appointment. The Risk Management Retirement Team is offering individual appointments, including evening hours, for employees who are considering retirement and information gathering, submitting a Regular/Early Service Retirement application, entering DROP, retiring from DROP, submission of retirement Insurance forms, and retiring from the FRS Investment plan.

    Retirement Forms should be submitted through Risk Management approximately 60 days prior to your retirement date. Appointments are available in person or through Teams or Zoom. Notaries will be available, if necessary.

    Please visit the retirement scheduling page to register for an individual appointment with a Retirement Specialist. 

    Should you have any technical difficulties with registration, the link below has directions on how to use the new scheduling system. You may also call the Retirement Team at 727-588-6214, or email risk-retirement@pcsb.org for assistance.

    How to Book Appointments - Instructions