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Retirement eligibility

If you are age 55 or older and vested in our retirement system, you are eligible to apply for a
retirement benefit.

Members First Hired Prior to July 1, 1989

Normal Retirement Age (NRA) for TRA members first hired prior to July 1, 1989 (Tier I) is age 65 with less than 30 years of allowable service, and age 62 with 30 years or more of allowable service.

Members First Hired July 1, 1989 or after

For TRA members first hired July 1, 1989 or after, the TRA normal retirement age is the retirement age for full Social Security benefits, but not to exceed age 66.

Timeline

Retirement is an event that most of us look forward to during our working careers. Since a financially secure and fulfilling retirement takes planning, we suggest the following time table:

Age 55
(approximately 10 years from retirement)

Familiarize yourself with your retirement benefits by watching our videos:

  • "Combined Service Annuity"
  • "Choosing a Plan that is Right for You"

Generate estimates of your retirement benefits with the online calculator (click on MyTRA Login at the top of the page).

Age 60
(approximately 6 years from retirement)

Familiarize yourself with decisions you must make before retiring:

  • Watch the video, "Completing your Retirement Application."
  • Attend a group presentation of "Planning for Retirement."

Generate estimates of your retirement benefits with the online calculator (click on MyTRA Login at the top of the page).

Age 65
(approx. 1 to 2 years from retirement)

Schedule an appointment with a counselor for a one-on-one discussion of your options.

We encourage you to take advantage of our retirement counseling service if you have not done so. Counselors will provide you with estimates and assist you with filling out the necessary forms. It is your responsibility, not that of your employer, to complete the retirement application and file it with our office.

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