At the time of membership, you will be notified as to when your pension deductions should begin. If you have a problem with your pension deductions, you should contact TRS' In-Service Payroll Division in writing and attach a photocopy of the paystubs in question.

Yes, as long as the payments are to be deposited in the same account. You must indicate this on your EFT Authorization Form (code BK58) or EFT Election at Retirement Form (code BK66).

If you are a member in active service or on a leave of absence, you may apply for a loan from the Qualified Pension Plan (QPP) by logging in to the secure section of our website or by filing a paper QPP Loan Application (code LO6) .

If you are a participant in TRS' Tax-Deferred Annuity (TDA) Program and you are in active service, on a leave of absence, or have TDA Deferral status, you may apply for a TDA loan by logging in to the secure section of our website or by filing a paper TDA Loan Application (code LO15) .

However, if you are applying for a QPP or TDA loan in conjunction with retirement, you must file a paper loan application. For more information about loans, please refer to the QPP Loans and TDA Loans brochures.

If you submitted your retirement application after your separation from service, you will receive an advisement letter approximately 90 days before your effective retirement date. This letter will provide an estimate of your QPP retirement allowance. In addition, if on your retirement application you elected to annuitize your TDA, you will receive an estimate of your TDA annuity.

Yes. If you are a vested member, you would be eligible to begin receiving retirement allowance checks at age 55. If you are a nonvested member, your funds would continue to gain investment return for seven school years and, during that time, you may obtain another TRS-eligible position that enables you to maintain your membership.

If you are a member in active service or on a leave of absence, you may apply for a loan from the QPP by logging in to the secure section of our website or by filing a paper QPP Loan Application (code LO6).

If you are a participant in TRS' TDA Program and you are in active service, on a leave of absence, or have TDA Deferral status, you may apply for a TDA loan by logging in to the secure section of our website or by filing a paper TDA Loan Application (code LO15).

However, if you are applying for a QPP or TDA loan in conjunction with retirement, you must file a paper loan application. For more information about loans, please refer to the QPP Loans and TDA Loans brochures.

Tier I and II members must repay QPP loans within four years. All TDA loans, and QPP loans for Tier III, IV, and VI members, must be repaid within five years.

Tier I and II members must repay QPP loans within four years. All TDA loans, and QPP loans for Tier III, IV, and VI members, must be repaid within five years.

If a Tier II, III, IV, or VI member dies while in service and is credited with at least one year of service since last joining TRS, the member's designated beneficiary can apply to receive ordinary death benefits under the Qualified Pension Plan (QPP). The death benefit would equal the balance in the member's Annuity Savings Fund (ASF) (for Tier II members) or Member Contributions Accumulation Fund (MCAF) and Annuity Savings Accumulation Fund (ASAF) (for Tier III, IV, and VI members), plus the amount of either Death Benefit #1 or Death Benefit #2.

As of October 1, 2000, beneficiaries of Tier II, III, and IV members receive the greater of either Death Benefit #1 or Death Benefit #2, even if the member had elected Death Benefit #1 coverage. Members who joined TRS after January 1, 2001 (including Tier VI members) are automatically enrolled in Death Benefit #2.

Contribution rates are based on annual wages earned during "plan years," as indicated in the table below.

A plan year is defined as the period of time from January 1 to December 31. (Prior to January 2017, plan years began April 1 and ended March 31.) QPP contribution rates are subject to change as of January 1, the start of the new plan year. If TRS determines that a rate change is required, we will notify you in advance; contribution rate changes take effect on the first available payroll in January. If TRS does not notify you, your contribution rate would remain the same for the next plan year.