As a TRS member, once you have completed the minimum requirements, you will be entitled to receive a retirement allowance from the Qualified Pension Plan. You may also enroll in the Tax-Deferred Annuity Program, which enables you to save money from your salary on a tax-deferred basis; at retirement, these savings could fund a separate annuity. As a TRS member, you may also be eligible to take out loans from the Qualified Pension Plan and the Tax-Deferred Annuity Program. In addition, if you die while you are an in-service member, your beneficiary may be eligible to receive a death benefit.