 | 1982 - Retirement at
age 55 after 25 years of service. Tax-exempt status for FREA granted by the Florida
Department of Revenue.
|
 | 1984 - School
Insurance plans opened to former personnel and spouses. Reemployment without
restrictions permitted for all retirees after 12 months of retirement.
|
 | 1986 - Supplemental
health insurance plan established for all FRS members.
|
 | 1989 - Annual 3% cost
of living adjustment guaranteed for all retirees.
|
 | 1990 - Health
Insurance Subsidy of $3 per year of service from 10 to 30.
|
 | 1996 - Retirees
retired prior to 7/1/76 with 25 years or more of service, who are neither receiving nor
eligible to receive Social Security Benefits and whose monthly benefit as of 7/1/96 is
less than $1000, upon application to the administrator, shall receive a supplemental COLA
(Cost of Living Adjustment)
|
 | 1998 - The monthly health insurance
subsudy was increased from $3 to $5 for each year of service, effective January 1, 1999..
|