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Upon reaching eligibility for retirement, a member receives a lifetime, monthly annuity from ATRS that is calculated based on their option selection.
If you terminate your TRS covered employment, you may apply for a refund of your contributions and interest. You can either receive a check from TRS, or move your funds to another qualified plan.
Upon termination of employment, an ATRS member may request a refund of contributions plus interest or apply for your retirement annuity when you meet the age and service requirements.
Are you vested? Most state retirement systems have a vesting schedule. The most common is 5 or 10 years. If you leave before you are vested you get nothing. If you leave after you are vested then I believe you can get a cash payment at retirement age (although this is state dependent).
Arkansas teachers do participate in Social Security. Replacement rates for full-career teachers are good. ➢ However, Arkansas benefit structure delivers benefits unevenly, leaving many teachers with inadequate savings.
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You can leave it where it is, roll it over to an individual retirement account (IRA) or your new employers plan, or cash out. The best choice will vary from person to person, depending on account balance, future goals and employers rules.

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