Can I change my retirement plan election after I have enrolled in a plan as a new employee?
If you elect the SUSORP retirement plan, you cannot change to a different plan later. You will remain in the SUSORP for as long as you remain at UCF in a SUSORP-eligible position.
If you enroll in the FRS Pension or Investment plan, you will have a one-time opportunity during your FRS career to change to the other FRS retirement plan. This change from one FRS plan to the other is referred to as the 2nd election. The SUSORP is not an available 2nd election option. To learn more about this option visit the FRS 2nd Election website. *Note: Although the 2nd Election option may be available, it is strongly recommended that you carefully review your choices and take the time to make a well informed decision during your new hire enrollment period. Electing to make a change later under the 2nd Election provision may involve a substantial financial cost or additional vesting requirements in order to switch plans.