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- Kentucky
Who We Are The Teachers’ Retirement System is a comprehensive retirement plan for Kentucky’s public school teachers that includes a defined benefit, life insurance and retiree health insurance TRS retirement eligibility is determined by the employee’s age and years of service The service retirement annuity is a lifetime benefit
- Retired Members - Kentucky
Your Defined Benefit Retirement Plan Your TRS defined benefit retirement plan provides retirees, like you, a predictable retirement income for life, no matter how long you live The term “defined benefit” is derived from the fact that your lifetime retirement benefit is determined by a defined formula based on length of service, final average salary and a retirement multiplier Retirement
- Active Members - Kentucky
As a Teachers’ Retirement System (TRS) member, you are a part of a defined benefit retirement plan This specific plan provides members a predictable retirement income for life, no matter how long you live The term “defined benefit” is derived from the fact that your annuity is determined by a defined formula Under this plan, your funds are professionally managed, plus you have survivor
- Annuity Payment EFT Dates - Kentucky
Electronic fund transfer (EFT), also known as direct deposit, provides for the electronic transfer of your annuity directly to your bank account If applicable, it also allows for any insurance premiums owed to be debited
- KTRS Benefit Estimator Calculator - Kentucky
Years Above 30 ** X % = % (**Only certain types of service is eligible for acheiving and exceeding 30 years for application of the 3 0% service factor ) Total Percentage Service (Years) Credit = % Estimated Annuity Note: If you are under age 60 at retirement and you have less than 27 years Kentucky Service, your benefit will be less than the basic annuity estimated below Please see the KTRS
- TRS and Social Security - Kentucky
Two federal laws that reduced Social Security benefits for many TRS members have been repealed as of after December 2023 The Social Security Fairness Act that was a signed into federal law on Jan 5, 2025, repealed the Windfall Elimination Provision, commonly referred to as WEP, and the Government Pension Offset, commonly referred to as GPO
- of the State of Kentucky
3 Staff’s Comments on Economic and Market Conditions: For the calendar year, the MSCI All Country World Investable Market Index returned 16 9%, primarily due to the returns of the U S stock market and many of its largest companies However, during the quarter, global stock markets retracted slightly as investor sentiment for Chinese and other non-U S securities weakened because of
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