Educational Assistance Program Employees With Bad Credit In Miami-Dade
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FAQ
Miami-Dade County provides retirement benefits for eligible employees through the Florida Retirement System (FRS). The FRS is qualified under Section 401(a) of the Internal Revenue Code and provides a defined benefit (FRS Pension Plan) and a defined contribution plan (FRS Investment Plan) option.
As part of the Total Rewards benefits package, University of Miami faculty, staff, and their eligible dependents may be qualified for tuition remission benefits for most credited undergraduate and graduate degree programs.
Normal retirement age is 62 for Regular Class members and 55 for Special Risk or after 30 years of service at any age or 25 years of Special Risk service.
How many state and local pension plans are there? State and local governments sponsored more than 4,000 pension plans in 2022. Over 34 million members participate in these plans, including active public employees, former public employees who have earned benefits that they are not yet collecting, and current retirees.
Under the defined benefit plan, an employee's annual benefit will be determined by multiplying the years of service by a percentage value and by the average of the five highest years of creditable salary.
Be a Florida resident and a U.S. citizen or eligible non-citizen. A student's residency and citizenship status are determined by the postsecondary institution. Questions regarding such status should be directed to the financial aid office or admissions office of the institution the student plans to attend.
Tuition Waiver Program The State of Florida Employee Educational Assistance Program allows each state university and community college to waive tuition and fees for state employees to enroll in up to 6 credit hours of courses per term. However, participation is subject to space-availability.
