General Employee Retirement Fund
Latest News & Information
FY17 DROP Option Election Form Deadline: As a reminder to all DROP participants, completed FY17 DROP Option Election Forms must be notarized and returned to the General Employees Retirement Fund no later than August 26, 2016 at 5:00 p.m. If you decide to change your option for fiscal year 2017, your entire balance will be moved to the option you selected. If you decide not to make a change to your DROP option election, you still must complete and return your notarized form. Failure to make a valid DROP option election for fiscal year 2017 will result in the continuance of your fiscal year 2016 DROP option election. Participants can expect to receive confirmation letters with their fiscal year 2017 DROP option elections in mid September. All elections take effect on October 1, 2016.
Board Trustee Election Results: Derwin Bright was reappointed by the General Employees Retirement Fund, Board of Trustees for a three year term running from November 1, 2016 to October 31, 2019. Mr. Bright was the only active, permanent employee with the City of Tampa and member of the General Employees Retirement Fund to submit a Petition for Candidacy Form which resulted in an uncontested election. Mr. Bright has served as a Trustee on the General Employees Retirement Fund Board since 2011 and is a Vehicle and Equipment Technician with the Wastewater Department.
GE Retirement Fund Distributes 2016 Annual Member Statements: During the week of May 16, 2016, all active general employees will receive envelopes from the General Employees Retirement Fund. These envelopes contain Your 2016 Annual Member Statement and are being distributed to the departments with support from Human Resources. This year, the General Employees Retirement Fund has developed this statement because retirement planning is important in all stages of your lives and careers. Each active member will receive an annual statement which includes individual member data, retirement eligibility dates, and projections of income in retirement.
Annual Audit of Division A Survivors: We are conducting an annual audit to determine the marital status of surviving spouses of former Division A employees and retirees to ensure compliance with Section 12(A) of the Retirement Plan, which requires a reduction in pension benefits upon remarriage. Division A survivors can expect to receive a letter and a marital status affidavit in the mail and should return their notarized affidavits to the General Employees Retirement Fund office by March 4, 2016. If you have remarried and have not notified the General Employees Retirement Fund, please contact us immediately so that your pension benefit can be adjusted. Failure to report a remarriage will result in an overpayment of benefits which must be repaid.
Important End of Year Tax Information is Being Mailed to You: End of year tax statements, form 1099-R's will be mailed to retirees and beneficiaries before the January 31, 2016 IRS deadline. Form 1099-R's contain important information that you will need to file and pay your taxes. If you do not receive a 1099-R by February 15, 2016 or have questions about your Form 1099-R please contact the General Employees Retirement Fund at (813) 274-7850 or firstname.lastname@example.org.
Understanding Your 1099-R Tax Form: This form reports the amount of income you received during the tax year. You need it to complete your federal tax return.
Annual Cost of Living Allowance and Federal Tax Change Announcement: Retirees and survivors may see changes to their net pay effective with the January 29, 2016 benefit payment as a result of the annual cost of living allowance (COLA) increase and 2016 federal tax withholding rate changes. Pension advice statements are being printed and mailed to retirees/survivors in January.
Monthly Board of Trustees Meetings: The next meeting will be held at 1:00 p.m. on Tuesday, November 15, 2016 in the City Council Chambers, 3rd Floor of Old City Hall which is located at 315 E. Kennedy Blvd.
Is Your Address Correct? Just download, print and complete the Contact Information Update Form to update your information and mail it to the General Employees Retirement Fund at 306 E. Jackson Street, 7E, Tampa, FL 33602, or fax it to us at (813) 274-7289.
Direct Deposit: We encourage you to use direct deposit. Just download, print and complete a Direct Deposit Authorization Form then mail it to the General Employees Retirement Fund at 306 E. Jackson Street, 7E, Tampa, FL 33602, or fax it to us at (813) 274-7289.
If you are considering entering the DROP or Retiring, please make an appointment with Rosie Rivera, Pension Relationship Accountant or by contacting the Pension Office.
General Employees Retirement Fund Office Hours:
Monday - Friday
8 a.m. to 5 p.m.
To make an appointment, call (813) 274-7850.
Email the General Employees Retirement Fund.