FRS Pension Calculator

Projects monthly and annual pension based on the FRS formula: years × multiplier × AFC.

Salary projection

Sets the pension multiplier and whether overtime counts toward AFC.

Sets your AFC averaging period (5 vs 8 years). The pension multiplier itself is the same across eras.

Class comparison: 25 years of service meets the Special Risk service path (25 years). Under Regular Class, the service path is 33 years — at 25, that's early retirement with a 5% reduction per full year under age 65.
$
$

Want a more precise AFC? Fine-tune it with the AFC tool →

Drag to explore, or tap the value to type. Projects salary growth through the AFC averaging period.

Average Final Compensation (derived)$93,525
Years of service at retirement25

AFC is projected from your salary, raise, and the AFC averaging period; years of service at retirement is your current service plus the years until you retire.

What this calculator estimates

The FRS Pension Calculator projects your monthly and annual Florida Retirement System pension benefit from three inputs: your years of creditable service, your Average Final Compensation (AFC), and your enrollment era. The figure it returns is an estimate for educational purposes based on the values you enter — it is not a benefit determination from the Division of Retirement.

How the FRS pension formula works

The FRS Pension Plan is a defined-benefit plan. Your annual benefit is calculated as Years of Service × Service-Class Percentage Value × Average Final Compensation. The percentage value earned per year of service depends on your class: 3.0% per year for Special Risk Class (firefighters, law enforcement, corrections, EMS) and a 1.6% base rate for Regular Class (teachers, state and local government employees). Multiplying the three figures produces the annual benefit, and dividing by twelve produces the monthly amount this tool displays.

What Average Final Compensation (AFC) means

AFC is the average of your highest-paid years of salary, and it is the salary base in the pension formula. Members enrolled before July 1, 2011 average their highest 5 fiscal years; members enrolled on or after July 1, 2011 average their highest 8 fiscal years. Because AFC scales the formula directly, changes to it move the estimate proportionally.

Special Risk Class vs Regular Class

The two FRS classes use different per-year percentage values, so the same years of service and AFC produce different estimates depending on class. This calculator supports both. Special Risk Class accrues 3.0% per year of creditable service. Regular Class accrues a 1.6% base rate that steps up to as much as 1.68% at later normal-retirement ages and years of service; this estimate applies the 1.6% base rate. Other rules — such as normal retirement age and vesting — also differ by class and enrollment era.

Common questions

How is an FRS pension calculated?
An FRS Pension Plan benefit is calculated as Years of Service × Service-Class Percentage Value × Average Final Compensation. For Special Risk Class the percentage value is 3.0% per year; for Regular Class it is a 1.6% base rate. The result is the estimated annual benefit, which divided by twelve gives the monthly amount.
What is the FRS pension multiplier for Special Risk Class?
Special Risk Class members accrue 3.0% of AFC per year of creditable service at normal retirement. Regular Class members accrue 1.6% per year.
Does this calculator cover the FRS Investment Plan?
This tool estimates benefits under the FRS Pension Plan, the defined-benefit plan. The Investment Plan is a separate defined-contribution option with a different structure. The FRS plan options page lays out the structural differences between the two for educational purposes.