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Florida FRS - Considered Retired After Rollover


Guest kchalk
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Guest kchalk

I just found out last week that the Florida Retirement System has me classified as retired. In 2005, I rolled over an ORP account to another qualified retirement plan. Under Florida law, I am now retired because of this. I had a job offer rescinded because of my retired status with the FRS so I am trying to find out if I have any options. When I did the rollover in 2005, I did not sign anything that said I understood I would be considered retired. I think some law was passed retroactively and would like to know when the word "retired" was put on my account. I am wondering if it was just July 1, 2010 with the passage of HB 479. I am only 46 years old and now my future career opportunities are extremely limited because of this situation. The FRS will not allow me to reverse the rollover.

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