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FAQs: In order to provide you with retirement income as quickly as possible, TRS issues advance payments of your retirement allowance beginning with the payroll approximately one to two months following your effective retirement date (or initial payability date, if you retire...
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FAQs: Your payability date is generally the date on which you become eligible to receive a retirement allowance.
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FAQs: When a TRS retirement examiner begins to process your retirement application, two copies of the Notice of Prospective Retirement are generated.
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FAQs: You may be eligible for an Ordinary Disability Retirement if you are an in-service member or you are on an official leave of absence, and you become physically or mentally incapable of performing your work duties.
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FAQs: You may be eligible for a lump-sum disability benefit if you are an in-service member or you are on an official leave of absence, and you have been diagnosed with a terminal illness and have a life expectancy of no more than 12 months.
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FAQs: There are several key differences.
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FAQs: In-service TDA participants, members with TDA Deferral status, and TDA annuitants may change their TDA investment elections four times a year.
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FAQs: In general, TDA investment election changes made by in-service TDA participants and members with TDA Deferral status take effect on the next conversion date that occurs at least 30 days after TRS receives their form or online request.
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FAQs: In-service Tier I and II members under the QPP, all in-service TDA participants, and members with TDA Deferral status may file a new investment election change form or online equivalent; in this case, any 6-, 9-, or 12-month conversions in progress but not yet completed ...
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FAQs: TRS must issue a 1099-R form even if a distribution was rolled over.
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