TRS mails annual statements in the fall. All annual statements should be mailed by Dec. 1 of each year.
Members who have a MyTRS account will receive their statements electronically, unless they've opted to receive a paper copy by mail. Members who do not have a MyTRS account will receive their statements by mail. As long as you have not retired or refunded your account, you should receive a statement
You can access your electronic copy of your annual statement by logging in to your MyTRS account and navigating to your Documents (located under the Account Management tab).
Annual statements detail contributions and other activities for active TRS members who are preparing to receive their future retirement benefits. Once you retire, you begin receiving a monthly annuity and are no longer making contributions to your TRS account.
You will not receive an annual statement if: You are a retiree Your current mailing address is not on file in TRS records You have just begun working or just returned to work in a TRS-covered position after taking a refund and no contributions have been made during the prior school year You have a MyTRS account (where you will receive your statement electronically) Your statement has not yet been printed and mailed. Statements are printed and mailed, as described above, after the close of the TRS school year. If you have not received your statement by mid-December and you do not fall within one of the reasons in this list, please contact us at 1-800-223-8778.
An electronic copy of your annual statement will be posted in the Document Center of your MyTRS account by Dec. 1 of each year. If you do not see your statement online or have not received your mailed statement by mid-December, and you do not fall within one of the categories listed above, please contact us at 1-800-223-8778.
In most cases, this means that you completed the purchase of the service credit after the end of the school year (Aug. 31), or you have not yet completed making payments sufficient to establish the service credit. Any service credit purchases completed after Aug. 31 will be reflected on your next annual statement.
If you believe that you have more years of service credit than are shown on your statement, you have five years to notify TRS in writing that you believe there is a discrepancy and to provide verification of any service not credited. Similarly, compensation not reflected on your statement must be verified within five years from the end of the school year in which it is paid. If you fail to notify TRS in writing and verify the unreported service or unreported compensation within five years, you cannot purchase TRS credit for the service or compensation it and you cannot use the service credit or compensation to determine eligibility for or the amount of any benefits. If due to a technological error your employer did not report your service rendered in the most recent school year reflected on your annual statement, you may be able to correct the error through your employer and receive credit at no additional cost to you other than the required member contributions. However, you must notify your employer and TRS in writing immediately upon noticing the error but no later than May 31 of the year following the year the service was rendered and/or the compensation was paid. Upon receipt of the required member and employer contributions and your employer's corrected report(s), the service credit will be credited to you. If the error is not corrected by the deadline, you will need to verify the unreported service and purchase service credit at the actuarial present value. This may result in a substantial increase in cost. Unreported compensation may be corrected in a similar manner.
Your statement reflects the salary that has been reported to TRS by your employer. In most cases, it is the salary reported from September through August of the just-completed school year. The salary on your statement and the salary on your contract may not be the same, as TRS credits salary reported as paid from September through August. Your annual statement reports school year earnings and will not agree with the calendar year earnings on your W-2 form for income tax purposes. Salaries on your statement are subject to audit and adjustment by TRS to meet the requirements for annual compensation as defined by the TRS plan terms before any benefits are paid.
The taxable dollars in your account represent member contributions you have paid into TRS since Jan. 1, 1988, as well as any service credit purchase you may have made with a rollover of tax-deferred dollars from another eligible retirement plan such as an IRA, plus all interest your account has earned from inception to date. The non-taxable dollars, if any, represent the member contributions you paid into your TRS account prior to Jan. 1, 1988, as well as any service credit purchases you may have made with after-tax dollars.
TRS mails annual statements in the fall. All annual statements should be mailed by Dec. 1 of each year.
Members who have a MyTRS account will receive their statements electronically, unless they've opted to receive a paper copy by mail. Members who do not have a MyTRS account will receive their statements by mail. As long as you have not retired or refunded your account, you should receive a statement
You can access your electronic copy of your annual statement by logging in to your MyTRS account and navigating to your Documents (located under the Account Management tab).
Annual statements detail contributions and other activities for active TRS members who are preparing to receive their future retirement benefits. Once you retire, you begin receiving a monthly annuity and are no longer making contributions to your TRS account.
You will not receive an annual statement if: You are a retiree Your current mailing address is not on file in TRS records You have just begun working or just returned to work in a TRS-covered position after taking a refund and no contributions have been made during the prior school year You have a MyTRS account (where you will receive your statement electronically) Your statement has not yet been printed and mailed. Statements are printed and mailed, as described above, after the close of the TRS school year. If you have not received your statement by mid-December and you do not fall within one of the reasons in this list, please contact us at 1-800-223-8778.
An electronic copy of your annual statement will be posted in the Document Center of your MyTRS account by Dec. 1 of each year. If you do not see your statement online or have not received your mailed statement by mid-December, and you do not fall within one of the categories listed above, please contact us at 1-800-223-8778.
In most cases, this means that you completed the purchase of the service credit after the end of the school year (Aug. 31), or you have not yet completed making payments sufficient to establish the service credit. Any service credit purchases completed after Aug. 31 will be reflected on your next annual statement.
If you believe that you have more years of service credit than are shown on your statement, you have five years to notify TRS in writing that you believe there is a discrepancy and to provide verification of any service not credited. Similarly, compensation not reflected on your statement must be verified within five years from the end of the school year in which it is paid. If you fail to notify TRS in writing and verify the unreported service or unreported compensation within five years, you cannot purchase TRS credit for the service or compensation it and you cannot use the service credit or compensation to determine eligibility for or the amount of any benefits. If due to a technological error your employer did not report your service rendered in the most recent school year reflected on your annual statement, you may be able to correct the error through your employer and receive credit at no additional cost to you other than the required member contributions. However, you must notify your employer and TRS in writing immediately upon noticing the error but no later than May 31 of the year following the year the service was rendered and/or the compensation was paid. Upon receipt of the required member and employer contributions and your employer's corrected report(s), the service credit will be credited to you. If the error is not corrected by the deadline, you will need to verify the unreported service and purchase service credit at the actuarial present value. This may result in a substantial increase in cost. Unreported compensation may be corrected in a similar manner.
Your statement reflects the salary that has been reported to TRS by your employer. In most cases, it is the salary reported from September through August of the just-completed school year. The salary on your statement and the salary on your contract may not be the same, as TRS credits salary reported as paid from September through August. Your annual statement reports school year earnings and will not agree with the calendar year earnings on your W-2 form for income tax purposes. Salaries on your statement are subject to audit and adjustment by TRS to meet the requirements for annual compensation as defined by the TRS plan terms before any benefits are paid.
The taxable dollars in your account represent member contributions you have paid into TRS since Jan. 1, 1988, as well as any service credit purchase you may have made with a rollover of tax-deferred dollars from another eligible retirement plan such as an IRA, plus all interest your account has earned from inception to date. The non-taxable dollars, if any, represent the member contributions you paid into your TRS account prior to Jan. 1, 1988, as well as any service credit purchases you may have made with after-tax dollars.