The information on this page is for Government Employers that are currently participating in the Florida Deferred Compensation Plan. If an eligible Employer is not participating and wishes to learn more about joining the Plan, contact the Plan Administrator, Rosemary Isham. Additional information about joining the Plan as an Employer can be found at MyFloridaDeferredComp.com/GovernmentEmployers.
UPCOMING EMPLOYER WORKSHOPS
The Bureau of Deferred Compensation's Employer Workshops are great for Employers looking to get more information about the Florida Deferred Compensation Plan. The Bureau will be holding multiple sessions throughout the year—both in-person and via webinar. Register, now, to hold your spot.
The Florida Deferred Compensation Plan's Educational Workshops for Employees are available in-person, as a webinar, or a combination of both in-person and webinar, with a presentation that is approximately one hour. A representative from the Bureau of Deferred Compensation will present an overview of the Plan and invite a designated representative from each Investment Provider (IP). Employees attending an in-person presentation will have time to meet the IP representatives who can assist with new enrollments, existing account changes, and any other inquiries regarding the Plan and its benefits. Employees attending via webinar will be provided information on how to contact regional IP representatives for one-on-one assessments. In addition, a representative from the Bureau of Deferred Compensation can be requested to speak at an agency's event.
Employers can request certain printed Publications from the Bureau of Deferred Compensation. These publications are designed to educate employees about the Florida Deferred Compensation Plan and to notify Plan Participants of updated investment information and administrative changes that occur to the Plan. Additionally, these publications are available at MyFloridaDeferredComp.com/Publications.
Employer Mailing List
Stay informed! The Bureau of Deferred Compensation sends regular outreach to employers participating in the Florida Deferred Compensation Plan. Complete the form to join the employer mailing list.
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We want to partner with you! Join our Active Participation Campaign to ensure your employees have a strong foundation for retirement.
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This FAQ is for employers that are currently participating in the Florida Deferred Compensation Plan.
Resources to Share with Employees
The Florida Deferred Compensation Plan has dedicated regional Investment Provider (IP) representatives exclusively serving the Plan. The Bureau of Deferred Compensation encourages employers to collaborate with designated IP representatives. Universities may have Plan ambassadors designated to assist employees with the Deferred Compensation Plan. If an employer has questions about who should be discussing the Plan with employees or would like to share any feedback about their experiences, contact the Plan Administrator, Rosemary Isham.
The Florida Deferred Compensation Plan has two Learning Management System (LMS) training courses, (1) providing a basic overview of the Plan and (2) giving reasons for choosing the Plan as a place to put your DROP accumulation. These courses can be shared with employees, and certificates of completion are provided upon completion.
This overview of the Florida Deferred Compensation Plan is great for all employees, especially new employees. The course provides information about the different funds available in the Plan, 457b Pre-Tax and 457b Roth, the Investment Providers, Charles Schwab, and resources for learning more about the Plan. Search for the course on the LMS, using the key phrase “Deferred Compensation Plan” or the Course ID (DFS_TR_DeferredCompensation).
Learn how to maximize your DROP payout with the Florida Deferred Compensation Plan’s low cost investments, tax flexibility, and penalty free access to 457(b) funds. This brief session covers rollover advantages, key differences from the FRS Investment Plan, and the steps to prepare for your DROP end date—plus helpful resources. Search for the course on the LMS, using the key phrase “Deferred Compensation Plan” or the Course ID (DFS_TR_DeferredComp_DROP).
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This website is intended to provide information about the State of Florida's Government Employees Deferred Compensation Plan. It is not intended as investment, legal, or accounting advice. If investment advice or other expert assistance is required, the services of a competent professional should be sought. For changes to your account, go to your Investment Provider's website and log in using the ID and password you created for that Investment Provider.