The Miami-Dade County Retirement Plan is a defined benefit public pension fund based in Miami, Florida. Established in 1996, the fund 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. The assets of the pension fund are managed by the executive management team.