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How do I repay a loan?
FAQ: Retirees who take TDA loans have a choice of how they want to repay the loans: automatic deductions from their monthly retirement allowance, online payments in the secure section of our website, or monthly direct payments to TRS.
How many months do I have to repay a loan?
FAQ: All TDA loans, and QPP loans for Tier III, IV, and VI members, must be repaid within five years.
Is insurance provided on a loan?
FAQs: Yes. For all TDA loans and for QPP loans issued to Tier III, IV, and VI members, full insurance coverage begins 30 days after a loan is issued; insurance premiums are included in regular loan payment amounts.
Can a beneficiary roll over a death benefit to another account?
FAQs: Spouses of deceased members are permitted to roll over the taxable portion of a Qualified Pension Plan (QPP) and/or Tax-Deferred Annuity (TDA) Program death benefit to an eligible Individual Retirement Arrangement (IRA) or other successor program.
D8) If I have more than one open loan, can I request to defer payments on all loans?
D8) If I have more than one open loan, can I request to defer payments on all loans?
Tiers III/IV Summary Plan Description Update
Guide
Tier VI Summary Plan Description Update
Guide
Cancellation Request Form (code MI5)
form
boardMeetingAgenda091924
agenda
boardMeetingAgenda121924
Agenda