how many years do i have to work for frs
In 2008, when the financial markets bordered on a meltdown, the assets in the FRS Trust funds took an extraordinary hit, losing almost 20% in one year. That downfall led to the plan being underfunded for the first time in many years.aise vesting requirement back to 10 years. There is not much to say about this one. The original plan called for 10 years vesting (when you have earned a benefit), and it was reduced to 6% about 10 years ago.