Feb. 20, 2018
TRS members whose monthly annuity will change at the end of February 2018 will receive a letter by the end of the month showing your monthly annuity minus any deductions and the net amount that will be deposited into your account each month.
In most cases, the changes in February are due to updates the income-tax withholding tables for 2018. On Jan. 11, 2018, the Internal Revenue Service (IRS) released
Notice 1036, which TRS began using the 2018 withholding tables in February as instructed by the IRS. If you are a retiree from the University of Texas, your monthly insurance premium could also be deducted from your annuity payment beginning in February.
TRS members whose monthly annuity changed at the end of January 2018 also received a similar letter that month showing their annuity amount. In most cases, the changes to annuities in January resulted from TRS-Care premium changes in 2018 that took effect on Jan. 1, 2018.
If you have questions about this letter, please call 1-877-570-4192 between 7 a.m. to 6 p.m. Central Time. This is a dedicated number for questions about this letter.