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Being vested means that you have earned enough service credit to qualify for a pension benefit once you meet the minimum age requirements established by your retirement plan.
Membership Withdrawal Forms Call our Hotline at (800) 782-0289 to request forms be mailed to you. Includes After-Tax Contributions Amount (only) if applicable and Tax Notice Regarding Withdrawal of Contributions (REF-7.1). If filed, must submit with Application for Withdrawal From Membership (REF-7A).
Separating from Service before Retirement If you are not vested, your TRS membership will expire 7 school years after you separate from service. In that case, you will have to withdraw all of your TRS funds and will not receive retirement income from TRS.
If you leave employment after attaining vested rights in the pension system, you may withdraw the balance of your TDA account or you may elect TDA Deferral status. Electing TDA Deferral status allows you to continue your participation in the TDA Program. Note that Required Minimum Distributions begin at the age of 70.
ing to the National Council on Teacher Quality (NCTQ), if you leave before meeting your plans vesting requirements (see next question below), youll typically get back only your pension contribution and a small amount of interest in most states.
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