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Fillable Fl Frs Retirement Forms

Fillable Fl Frs Retirement Forms

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this is going to be a series of the four different pension payout options in the FRS pension plan today we're going to be tackling this subject of option number one it is by far the most common of all the options of those who choose the payout options simply because it is the highest payout I would say around 99 of the time option one is the highest payout but why is that well we're going to discuss option number one in detail and how it affects you and how it affects your beneficiary for their lifetime so starting with option number one this is a single Life payout which means it is 100 you and you alone so you receive a pension for your lifetime but upon your passing the payment stop now what does that mean for your beneficiaries well nothing because on your passing the payments stop no further benefits are payable we'll do your beneficiaries receive anything yes technically they can if there is any additional amount from the amount that you've contrib

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