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teachers retirement services of Texas 

TRS Retirement

Teachers Retirement Services of Texas


As you begin to plan for retirement, the most common questions are:

Your eligibility for service retirement is determined by your age and years of TRS service credit. In combination, your age and years of service credit, along with the date you joined TRS and your eligibility for grandfathering, determine when you are eligible for an unreduced, normal-age retirement annuity or for an early-age retirement annuity reduced according to actuarial tables or based on a flat percentage rate. Beginning Sept. 1, 2014, your years of service credit as of Aug. 31, 2014, will also affect your eligibility for service retirement benefits and the amount of reduction for an early-age retirement annuity.

You can find detailed information about your eligibility by locating your “tier.” Regardless of which tier you are in, to be eligible to retire and receive a lifetime monthly service retirement annuity (normal age or early age), you must:

Your Retirement Benefits: When you meet the requirements for retirement, you may apply to receive a monthly annuity calculated according to state law. TRS retirement plan benefits may include the following, depending on your eligibility:

Source: TRS Website - trs.texas.gov 

 
 
TRS Eligibility

Your eligibility for service retirement is determined by your age and years of TRS service credit. In combination, your age and years of service credit, along with the date you joined TRS and your eligibility for grandfathering, determine when you are eligible for an unreduced, normal-age retirement annuity or for an early-age retirement annuity reduced according to actuarial tables or based on a flat percentage rate.

TRS annuity options 
Other TRS Annuity Options

Learn more about the five TRS Annuity options available.

TRS partial lump sum options 
Partial Lump Sum Option (PLSO)

At retirement, an eligible service retiree may select a partial lump sum option (PLSO) distribution in addition to either a reduced standard annuity or a reduced optional form of annuity.  Learn more >

 
 
contact Jay Allen Finn CPA