TRS Retirement FAQ: First Steps I Am Considering Retirement. How Do I Start The Process? When can I retire? Rule of 80Membership in TRS started prior to Sept. 1, 2007 and you had at least 5 years as of Aug. 31, 2014 Rule of 80 AND must be 60 years of ageMembership in TRS began …
TRS Retirement FAQ 2: Next Steps What Decisions Will I Have To Make About My Retirement? What are the decisions that I must make when I retire? There are only three decisions: Do you want the TRS Care health insurance? What annuity do you want? Do you want the partial lump sum option? (You must …
FAQ: What Decisions Will Have To Make About My Retirement? Read More »
TRS and Retirement: TRS-Care What do I need to know when signing up for the TRS Care Insurance? TRS CARE information If you have insurance questions beyond those explained in this section, call TRS at 1-888-237-6762. If I plan to take the TRS Care Health Insurance, is the insurance form in the packet with the …
TRS Retirement FAQ 4: Social Security Can I Draw Social Security and TRS At The Same Time? Can I draw TRS benefits and also get Social Security? Windfall Elimination Provision (WEP) This explains how your social security benefit might be reduced. This provision reduces most educators’ Social Security benefit by about one-half. In other words, …
TRS Retirement FAQ: Other Questions When do I start getting my retirement checks? If you do not work past June 15, you will get a June, July, and August pay check from the district and a TRS retirement check. Expect your TRS checks to start approximately 31 days after the district gives you your last …