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2021 Spring - Topics & Report Newsletter
TRS Investments End 2020 Strong and with a Record Balance
Power of Attorney
When to Send TRS a Power of Attorney Document
When members have other people making important decisions for them under a power of attorney (POA) document, TRS needs to know when they designate their POA agents to start making decisions.
Chapter 12: Post-Retirement Matters
Annuitants will want to be aware of special issues, such as health insurance, automatic annuity increases, post-retirement employment limitations, and re-entry into active membership.
Chapter 12: Post-Retirement Matters
Annuitants will want to be aware of special issues, such as health insurance, automatic annuity increases, post-retirement employment limitations, and re-entry into active membership.
Chapter 7: Payment Options
Eligible optional service or repayment of refunds purchases before retirement will add to your service credits for retirement eligibility.
Several options are available to pay for optional service or refunds. The table below will help you select an option.
Chapter 3: Earnings
Your earnings help to determine the amount of your future pension benefit and are the basis upon which TRS retirement contributions are determined.
Creditable earnings
We recognize the following forms of compensation as creditable earnings:
Chapter 7: Payment Options
Several options are available to pay for optional service, refunds, or 2.2 upgrades. The table below will help you select an option.
Benefit Options for Members with Less Than Five Years of Service Credit
Single-Sum Retirement Benefit
A TRS member with less than five years of service credit and who taught after July 1, 1947, is eligible to receive a single-sum retirement benefit at age 65. This benefit is a standard annuity calculated at 1.67 percent of the final average salary for each year of creditable service.
Chapter 3: Earnings
Your earnings help to determine the amount of your future pension benefit and are the basis upon which TRS retirement contributions are determined.
Creditable earnings
We recognize the following forms of compensation as creditable earnings: