Retirement Benefit Seminar. Indiana State Teachers’ Retirement Fund Please silence your cell phone. Overview . TRF Retirement Benefit Retirement Payment Options TRF Resources: Web Site & Appointments. Pension Benefit Normal Retirement Eligibility. Age 65+ with 10+ years of service
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Indiana State Teachers’ Retirement Fund
Please silence your cell phone.
Your Teachers’ Retirement Fund (TRF) retirement benefit consists of two separate components:Monthly Pension Benefit+ Annuity Savings Account Your TRF Retirement Benefit
Your TRF Retirement Benefit has two parts:
Optional third part:
Reminder: the IRS considers your total TRF retirement benefit as taxable income
Part One: Monthly Pension Benefit
$60,000 x 1.1% x 30 = $19,800 ($1,650/month)
Your choice of survivor and pension option cannot be changed unless the following circumstances exist:
Part Two: Annuity Savings Account
As retirement approaches, compare outside retirement plan payment options with TRF’s payment options.
Account balanceTRFCompany XCompany Y
$60,000 $432 $339 $345
80,000 576 452 463
100,000 720 565 582
120,000 864 678 701
(Information retrieved January, 2009)
We are here to serve you! Any questions?
Please complete our survey. Your comments help us serve you more effectively.