City of Tallahassee Retirement Notification
Type
Pension Plan
Termination and Retirement Date
Remember, you will be going from a bi-weekly pay period as an active employee to a monthly payment as a retiree.
Your monthly pension benefit is paid at the end of each month.
Health Insurance/Benefits
Health Insurance is the only benefit you can add outside of the open enrollment period
Empower Retirement Tax Deferred Savings Accounts
MAP 401(k), RSVP 457, Police/ Firefighters Supplemental Share Plan
You are not required to take a distribution of any of these accounts. You may continue to vest them with Empower Retirement until you reach age 72
with no penalties. Although you can no longer contribute to these accounts after you retire, you do retain investment control over them.
Please give the Retirement Office at least 30 days notice of your intent to retire.