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TRS Tier I Member Guide - TRS - State of Illinois

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TRS Tier I Member Guide - TRS - State of Illinois Powered By Docstoc
					Tier I
Member Guide
Teachers’ Retirement System of the State of Illinois   August 2012
                Contents
Foreword                                           1
Introduction                                       2
Membership                                         3
Earnings                                           4
Contributions                                      6
Service Credit                                     7
Optional Service Credit                            9
Payment Options                                  12
Retirement Benefits                               13
Reciprocal Service                                17
Applying for and Receiving Retirement Benefits   18
Post-retirement Matters                          19
Medicare and Social Security                     22
Disability Benefits                              24
Death Benefits                                   29
Refund of Retirement Contributions               32
Our Web Site: http://trs.illinois.gov            34
Forms Order Line                                 36
Important Reminders                              38
How to Reach Us                                  39
Springfield Office Map                           40
Lisle Office Map                                 42
Index                                            44
Notes                                            46




                         ity for Ill
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Foreword
Statement of Purpose:
Retirement Security for Illinois Educators
August 2012
The Member Guide provides an overview of your TRS          We make every effort to provide you with the most
benefits. You are a member of Tier I in the Teachers’      current information, including rule changes enacted
Retirement System of the State of Illinois (TRS) because   by our Board of Trustees and benefit changes resulting
you first contributed to TRS before Jan. 1, 2011 or you    from legislation. This guide includes legislative changes
have pre-existing creditable service with a reciprocal     signed into law as of August 2, 2012.
pension system prior to                                                                Effective June 1, 2011,
Jan. 1, 2011.                                                                          Illinois law entitles a party
A member first contributes                                                             to a civil union to the same
to TRS on his or her first                                                             legal obligations, respon-
day of paid service.                                                                   sibilities, protections, and
Public Act 96-0889, which                                                              benefits as are afforded
was signed into law in                                                                 or recognized by the law
spring 2010, added a new                                                               of Illinois to spouses. For
section to the Pension                                                                 information about changes
Code that applied different                                                            that have occurred since
benefits to anyone who                                                                 the publication of this
first contributed to TRS                                                               guide, see our Topics &
on or after Jan. 1, 2011 and                                                           Report newsletter or visit
does not have any previous                                                             the TRS Web site.
service credit with a pension system that has recipro-     It is our policy to comply with all applicable federal and
cal rights with TRS. These members are referred to as      state laws, rules, and regulations. If there is a conflict
“Tier II” members.                                         between information contained in this guide and the
This guide has been prepared to answer general ques-       applicable law, rule or regulation, the law, rule or regu-
tions that you have about us, the services we offer,       lation takes precedence.
and your responsibilities as a member or an annuitant.




                                                                                                                   1
Introduction
Created by the Illinois General Assembly in 1939, TRS        Qualified pension plan status
has grown to be one of the largest teachers’ retirement
                                                             TRS operates a qualified pension plan under provisions
systems in the United States with more than 370,000 active
members, annuitants, and benefit recipients.                 of the Internal Revenue Code, Section 401(a). The
                                                             advantages of being a qualified plan include:
We provide retirement benefits for teachers who are
employed by all Illinois public common and charter           •	 tax-sheltering	 of	 mandatory	 retirement	 contribu-
school districts located outside the city of Chicago. The       tions in the year that they are made to TRS;
Illinois Pension Code contains the laws relating to our                                          t
                                                             •	 deferral	of	income	taxes	on	con	 ributions	until	your	
creation, benefits, and administration.                         retirement, at which time your effective tax rate
                                                                may be lower; and
Administration                                               •	 tax-free	 accumulation	 of	 interest	 credited	 to	 you	
TRS is governed by a 13-member Board of Trustees.               by TRS.
Trustees include the state superintendent of education,      To maintain our qualified pension status, we must
six trustees appointed by the governor, four trustees        meet certain Internal Revenue Service require-
elected by contributing TRS members, and two trust-          ments, including:
ees elected by TRS annuitants. The Board of Trustees
                                                             •	 annual	benefit,	salary,	and	contribution	limitations,
appoints the executive director, who is responsible for
the detailed administration of TRS.                          •	 compensation	 that	 may	 be	 reported	 for	 benefit	
                                                                 calculation purposes,
Funding                                                      •	 benefit	eligibility	provisions,
We have several sources of funding:                          •	 benefit	distribution	limitations,	and	
•	   member	contributions,                                   •	 rollover	restrictions.
•	   investment	income,                                      We are dedicated to complying with all requirements
•	   employer	contributions,	and	                            for qualified plans.
•	   appropriations	from	Illinois	state	government.
                                                             Confidentiality
As an active member, you contribute 9.4 percent of           All information contained in a member’s record is con-
your salary toward retirement each year. We invest           fidential. We provide such information to the member,
these assets to create diversified investment income.        to others at the member’s written request, to other
Our investment portfolio, which is managed by exter-         retirement systems subject to the Illinois Retirement
nal investment management firms and monitored by             Systems Reciprocal Act, to the state of Illinois for
our investment staff and consultant, includes stocks,        annuitant health insurance purposes, and to the Social
bonds, real estate, cash and equivalents, and private        Security Administration for government pension off-
markets. Employer contributions and appropriations           set determination and windfall elimination purposes.
from Illinois state government make up the remaining         Member information also may be given pursuant to a
funding sources.                                             subpoena issued during court proceedings.
As a remittance agent for the Department of Central
Management Services, we collect additional contri-           Administrative review
butions from active members and employers to help            Any member, annuitant, beneficiary, or employer may
fund the Teachers’ Health Insurance Security (THIS)          appeal a staff determination or interpretation of the
Fund. Revenues from the THIS Fund are used to finance        Illinois Pension Code or the TRS rules which specifically
the Teachers’ Retirement Insurance Program (TRIP).           affects them to the Board of Trustees Claims Hearing
Federal law prohibits TRS monies from being placed in        Committee. A written request for an administrative
the THIS Fund.                                               review must be filed with the executive director no
                                                             later than six months after a TRS staff disposition or
                                                             interpretation is given. The TRS Board does not provide
                                                             advisory opinions.




2
Membership
TRS is the retirement system for educators in positions            •	 a	graduate	general	administrator	intern,
requiring certification under the Illinois School Code and         •	 a	home	educator/parent	educator,
employed in public schools outside the city of Chicago.
                                                                   •	 an	individual	aide
Covered positions                                                  •	 a	mobility	instructor,	
You qualify for TRS membership if you are employed as:             •	 a	non-certificated	school	administrator,
•	   an	assistant	regional	superintendent	of	education,            •	 an	occupational	therapist,	
•	   a	chief	school	business	official	requiring	certification,     •	 a	paraprofessional/teacher’s	aide,
•	   a	classroom	teacher,                                          •	 a	physical	therapist,
•	   a	driver	education	teacher,                                   •	 a	physical	therapist	assistant,
•	   an	 employee	 of	 a	 regional	 superintendent	 in	 an	        •	 a	psychologist	intern,
     educational	program	that	serves	two	or	more	dis-              •	 a	 retired	 teacher	 who	 complies	 with	 post-retire-
     tricts	and	in	a	position	that	requires	certification,	           ment	employment	limitations,
•	 a	regional	superintendent	of	education,                         •	 a	secretary,
•	 a	 retired	 teacher	 if	 post-retirement	 employment	           •	 a	security	guard,
     limitations	are	exceeded,                                     •	 a	social	worker	intern,
•	 a	school	administrator	requiring	certification,                 •	 a	speech	and	language	pathologist	assistant,
•	 a	school	librarian,                                             •	 a	student	teacher	or	worker,
•	 a	school	nurse,                                                 •	 an	ROTC	instructor,
•	 a	school	psychologist,                                          •	 a	tutor,
•	 a	school	social	worker,                                         •	 a	technology	director	not	requiring	certification,*	or
•	 a	substitute	or	part-time	teacher,	or	                          •	 a	transportation	director.
•	 a	teacher	of	homebound	students.                                Positions	 that	 do	 not	 qualify	 for	 TRS	 membership	
You also may be a member of TRS if you are employed                may	 be	 covered	 by	 the	 Illinois	 Municipal	 Retirement	
in	 a	 position	 requiring	 teacher	 certification	 in	 certain	   Fund	(IMRF).
state	government	agencies	or	in	certain	positions	with	            The	 preceding	 lists	 are	 not	 all-inclusive.	 Contact	 ISBE	
the	Illinois	State	Board	of	Education	(ISBE)	or	TRS.               with	any	questions	regarding	certification	requirements.
Noncovered positions                                               Effective date of membership
You	 do	 not	 qualify	 for	 TRS	 membership	 if	 you	 are	         The	effective	date	of	your	TRS	membership	is	the	day	
employed as:                                                       you	 begin	 employment	 in	 a	 TRS-covered	 position.	 If	
•	 an	adult	education	teacher,                                     your	employer	has	not	recorded	your	date	of	employ-
•	 an	assistant	athletic	director	or	athletic	director	not	        ment,	your	membership	date	is	the	first	payroll	day	for	
   requiring	certification,*                                       which	contributions	from	your	salary	are	required.
•	 an	athletic	official	with	IHSA	or	similar	contract,	
                                                                   Felony conviction
•	 a	behavior	analyst,
                                                                   If	you	are	convicted	of	a	work-related	felony	while	you	
•	 a	buildings	and	grounds	manager,                                are	 a	 member	 of	 TRS,	 you	 become	 ineligible	 for	 TRS	
•	 a	bus	driver,                                                   membership	 and	 benefits.	 However,	 you	 may	 take	
•	 a	cafeteria	worker,                                             a	 refund	 of	 your	 TRS	 retirement	 contributions.	 (See	
•	 a	clerical	worker,                                              “Refund	of	Retirement	Contributions,”	page	32.)
•	 a	construction	manager,                                         If	you	are	convicted	while	an	annuitant,	you	are	entitled	
•	 a	 contract	 speech	 pathologist	 under	 section	               to	a	refund	of	your	retirement	contributions	that	have	
   5/14-6.04	of	the	School	Code,                                   not	been	paid	as	an	annuity	benefit.
•	 a	custodian,

* Depending on the job duties, these positions may or may not require certification.

                                                                                                                               3
Earnings
Your earnings help to determine the amount of your            •	 payments	made	by	your	employer	for	the	purchase	
future pension benefit and are the basis upon which TRS          of	optional	service	credit.	To	be	reportable	as	cred-
retirement contributions are determined.                         itable	earnings,		the	payments	must	be	paid	or	due	
Creditable earnings                                              and	payable	along	with	or	prior	to	your	final	pay-
                                                                 check	for	regular	earnings.
We recognize the following forms of compensation as
creditable earnings:                                          •	 payments	 made	 by	 your	 employer	 for	 your	 2.2	
                                                                 upgrade.	 To	 be	reportable	 as	creditable	 earnings,	
•	 salary	you	earn	for:                                          the	 payments	 must	 be	 paid	 or	 due	 and	 payable	
   •	 regular	contractual	teaching	duties;                       along	 with	 or	 prior	 to	 your	 final	 paycheck	 for	
   •	 extra-duty	earnings:                                       regular	earnings.
        º	 contractual	 teachers:	 extra	 duties	 related	    •	 salary	 or	 backwage	 payments	 resulting	
            to teaching or the academic program, or              from	 contract	 buyouts,	 labor	 litigation,	 and	
            involving	supervision	of	students;                   settlement	agreements.
        º	 noncontractual	teachers:	only	extra	duties	        •	 retirement	 incentives	 and	 severance	 payments,	
            requiring	teacher	certification;                     including	 payments	 for	 accumulated	 vacation	
   •	 substitute	teaching;                                       and	 sick	 leave,	 that	 are	 paid	 or	 due	 and	 payable	
   •	 teaching	that	is	completed	after	school	hours,	            along	 with	 or	 prior	 to	 your	 final	 paycheck	 for	
        such	as	night	school	or	driver	education;	and	           regular	earnings.
   •	 homebound	teaching.                                     •	 regional	 superintendent	 stipends	 paid	 from	
•	 stipends	 paid	 to	 administrators	 for	 serving	 as	 a	      county	funds.	
   school	board	officer	or	clerk.                             •	 stipend	paid	for	becoming	National	Board	Certified.
•	 longevity	stipends.                                        •	 honorariums	paid	to	union	officers.
•	 bonuses.                                                                       Summer earnings
•	 wages	while	using	vacation,	sick	                                              Summer	 earnings	 are	 reportable	 to	
   leave,	and	personal	leave.                                                     TRS	 on	 the	 same	 basis	 as	 employ-
•	 employer-paid	TRS	contributions	                                               ment	during	the	regular	school	term.
   for	members.                                                                   Summer-school	 teaching	 and	 sum-
•	 contributions	 to	 tax-sheltered	                                              mer	 extra	 duties	 that	 require	
   annuities	 under	 the	 Internal	                                               teacher certification are report-
   Revenue	 Code,	 Section	 403(b)	                                               able	 as	 creditable	 earnings.	 For	
   or	 to	 a	 qualified	 tax-deferred	                                            full-time	 and	 part-time	 contractual	
   compensation	 plan	 under	                                                     teachers,	 summer	 extra	 duties	
   the	 Internal	 Revenue	 Code,	                                                 involving	 supervising	 students	 and	
   Sections	457(b)	or	401(a).                                                     summer	 duties	 related	 to	 the	 aca-
•	 contributions	 to	 a	 flexible	 ben-                                           demic program are also reportable
   efit	 plan.	 A	 “flexible	 benefit	                                            as	creditable	earnings.
   plan”	is	an	option	offered	by	an	                                              Active military duty
   employer	to	employees	who	are	                                                Since	 the	 2000-2001	 school	 year,	
   covered	 under	 TRS	 to	 receive	                                             members	 called	 to	 active	 military	
   cash	or	contributions	to	a	403(b)	                                            duty	 receive	 full	 earnings	 and	 TRS	
   tax-sheltered	annuity	or	457(b)	deferred	compen-           service	 credit	 while	 on	 active	 duty	 without	 paying	
   sation	plan	in	lieu	of	employer-provided	insurance.        any	contributions.




4
Limitations                                                     Fringe benefits
Individuals	 who	 become	 TRS	 members	 on	 or	 after	          Employer-paid	fringe	benefits	are	not	creditable	earn-
July	1,	1996,	receive	credit	for	earnings	up	to	the	annual	     ings	 unless	 they	 are	 included	 in	 a	 reportable	 flexible	
amount	allowed	by	federal	law.	                                 benefit	 plan.	 A	 “flexible	 benefit	 plan”	 is	 an	 option	
                                                                offered	by	an	employer	to	employees	who	are	covered	
Noncreditable earnings                                          under	TRS	to	receive	cash	or	contributions	to	a	403(b)	
Noncreditable	earnings	include	compensation	earned	             tax-sheltered	annuity	or	457(b)	deferred	compensation	
for	duties	that	are	unrelated	to	the	academic	program.          plan	in	lieu	of	employer-provided	insurance.	Examples	
The	 following	 compensation	 items	 do	 not	 qualify	 as	      of	noncreditable,	employer-paid	fringe	benefits	include:	
creditable	earnings	and	cannot	be	reported	to	TRS:              •	   dental	insurance,
•	 severance	payments	that	are	due	and	payable	and	             •	   disability	insurance,
   paid	after	your	final	paycheck	for	regular	earnings	         •	   health	insurance,	and	
   or	last	day	of	work,                                         •	   life	 insurance	 (including	 insurance	 in	 excess	 of	
•	 payment	 at	 termination	 for	 services	 that	 you	 will	         $50,000	and	split-dollar	life	insurance).
   perform	while	you	are	retired,
                                                                Expense reimbursements
•	 payments	 your	 employer	 makes	 for	 either	 the	           and allowances
   member	 or	 the	 employer	 Early	 Retirement	                Expense	reimbursements	or	allowances	are	not	cred-
   Option	contribution,                                         itable	 earnings,	 whether	 they	 are	 paid	 to	 you	 or	 to	
•	 lump-sum	payments	made	after	your	death,                     the	 provider	 of	 the	 service	 or	 product.	 Examples	
•	 previously	nonreportable	or	nonreported	earnings	            of	 noncreditable	 expense	 reimbursements	 and	
   or benefits that are converted to reportable earn-           allowances	include:
   ings	in	the	last	years	of	service	for	the	purpose	of	        •	   cellular	phone	reimbursements,	
   increasing	final	average	salary.	TRS	presumes	any	
                                                                •	   contributions	to	medical	savings	accounts,	
   decrease in noncreditable compensation in the last
                                                                •	   dependent	care	reimbursements,
   seven	 creditable	 school	 years	 is	 to	 increase	 final	
   average	salary,                                              •	   employer-provided	automobiles,
•	 workers’	compensation	payments,                              •	   legal	fee	reimbursements,	
•	 jury	duty	payments,                                          •	   living	or	mortgage	allowances,
•	 options	to	take	salary	in	lieu	of	employment-related	        •	   medical	care	reimbursements,	
   expense	allowances	or	reimbursements,                        •	   membership	dues,
•	 payments	to	substitute	and	part-time	noncontrac-             •	   moving	expenses,
   tual	(hourly)	teachers	for	extra	duties	that	do	not	         •	   publication	subscriptions,
   require	certification,                                       •	   travel	reimbursements	and	allowances,	and	
•	 member	THIS	Fund	contributions	paid	as	a	benefit,            •	   tuition	reimbursements.
•	 employer	TRS	and	THIS	Fund	contributions,
•	 employer	payment	of	Medicare	tax,	and	
•	 contributions	to	or	distributions	from	nonqualified	
   deferred	compensation	plans.	




                                                                                                                            5
Contributions
You, your employer, and the state of Illinois make        End-of-career salary increases exceeding
contributions to TRS to provide for your retirement,      6 percent
disability, and death benefits.                           Your employer will be required to pay TRS for the
                                                          actuarial value of any salary increase over 6 percent
Member contributions                                      that is used in the final average salary calculation and
As an active TRS member, you are required to con-
                                                          increases your pension benefit. The amount will be
tribute 9.4 percent of your gross creditable earnings
                                                          determined when you retire and your employer will be
(defined under “Earnings”) toward retirement each
                                                          required to pay a lump sum to TRS.
year. Your contribution consists of:
                                                          Contracts and collective bargaining agreements
•	 7.5	percent	for	retirement	annuities,
                                                          in	 effect	 prior	 to	 June	 1,	 2005	 that	 provide	 for	 pay	
•	 0.5	 percent	 for	 automatic	                                               increases over 6 percent at retire-
    annual increases in annuities,                                             ment are exempt from the provisions
•	 1	percent	for	death	benefits,	and                                           contained in the act.
•	 0.4	 percent	 to	 fund	 the	 Early	                                        Sick leave granted near the
    Retirement Option.                                                        end of a career
You must also contribute a per-                                               Employers will be responsible for the
centage of your gross creditable                                              cost of sick leave granted days that
earnings to help fund the Teachers’                                           increase service credit in excess of
Health Insurance Security (THIS)                                              the teacher’s normal allotment in
Fund, which finances the Teachers’                                            the last four school years prior to his/
Retirement Insurance Program.                                                 her retirement. The law exempts col-
Contributions are withheld from                                               lective bargaining agreements and
your creditable earnings by pay-                                              contracts as discussed in the para-
roll deduction or are paid by your                                            graph above.
employer and are credited to your
TRS account. Your contributions
                                                                              State of Illinois
accrue interest at the rate of 6 per-                                         contributions
cent per year and are sheltered from                                         The state of Illinois provides a large
federal income taxes. Annually, you                                          source of contributions annually to
will receive a TRS Benefits Report that provides infor-   TRS.	 The	 state	 also	 makes	 contributions	 for	 the	 2.2	
mation about your contributions. (See “TRS Benefits       benefit formula.
Report” under “Important Reminders,” page 38.)
                                                          Assignment of contributions
Employer contributions                                    and loans
Employers contribute a percentage of creditable earn-     By law, you are protected from creditors placing a lien
ings (defined under “Earnings”). In addition, if any      on, garnishing, or confiscating contributions you have
portion of a member’s creditable earnings is paid from    made to TRS. This provision does not extend to federal
a special trust or federal fund, the employer pays TRS    tax levies. You may not assign your TRS contributions
an additional contribution on creditable earnings paid    to a creditor or borrow against your account funds.
from that special trust or federal fund.
Employers also make contributions to the THIS Fund.




6
Service Credit
Service credit determines your eligibility for a                    Sabbatical leave
retirement annuity.
                                                                    You	earn	regular	service	credit	for	a	sabbatical	leave	if	
“Days paid” include any weekday (Monday through                     your	 employer	 granted	 the	 leave	 in	 accordance	 with	
Friday) for which payment is made to you for:                       the	 School	 Code	 [105	 ILCS	 5/24-6.1].	 Your	 employer	
•	 administrative	absence	defined	as	an	absence	from	               must	remit	the	full	retirement	contribution	for	you	dur-
    duty	 administratively	 authorized	 for	 investigative	         ing	your	sabbatical	leave.	The	contribution	is	based	on	
    purposes	 without	 the	 loss	 of	 pay	 or	 benefits	 and	       the	last	reported	salary	rate	prior	to	your	leave.
    without	charge	to	leave;	
•	 attendance	during	the	work	week	at	teachers’	insti-
                                                                    Sick leave
                                                                    When	you	retire,	you	may	receive	a	maximum	of	two	
    tutes, workshops, and parent/teacher conferences
                                                                    years	(340	days)	of	service	credit	for	unused,	uncom-
    scheduled	in	the	school	calendar;
                                                                    pensated	sick	leave	that	is	certified	by	a	TRS	employer.	
•	 legal	school	holidays;
                                                                    If	 you	 receive	 payment	 for	 unused	 sick	 leave	 days	
•	 sabbatical	 leaves	 in	 accordance	 with	 the	                   and	the	payment	is	reportable	as	creditable	earnings,	
    School	Code;                                                    you	 will	 not	 receive	 service	 credit	 for	 those	 days.	 If	
•	 Saturday,	 if	 it	 qualifies	 as	 a	 day	 of	 service	 and	      the	 payment	 for	 sick	 leave	 days	 is	 not	 reportable	 to	
    the	 service	 is	 required	 due	 to	 a	 lawful	 day	            TRS	 as	 creditable	 earnings,	 the	 sick	 leave	 days	 must	
    of	attendance;                                                  be	reported.
•	 service	 requiring	 certification	 under	 the	                                                            b
                                                                    Your	 last	 employer	 certifies	 the	 num	 er	 of	 unused,	
    School	Code;                                                    uncompensated	 sick	 leave	 days	 you	 have	 accrued	 on	
•	 vacation,	sick,	or	personal	leave	days	used	prior	to	            the	 Supplementary	 Report	 for	 Retirement	 Annuity	
    termination;	or                                                 Benefits	form	that	is	 filed	 with	 us	when	 you	 retire.	 If	
•	 suspension.                                                      you	have	sick	leave	from	employers	prior	to	the	1987-88	
You	 may	 also	 purchase	 optional	 service,	 which	 is	 dis-       school	 year	 for	 which	 you	 want	 service	 credit,	 you	
cussed	under	“Optional	Service	Credit”	on	page	9.                   must	 have	 each	 former	 employer	 complete	 a	 Former	
Annually	 you	 will	 receive	 a	 TRS	 Benefits	 Report	 that	       Employee	Sick	Leave	Certification	form	and	return	it	to	
provides	 information	 about	 your	 service	 credit.	 (See	         us.	Beginning	with	the	1987-88	school	year,	employers	
“TRS	Benefits	Report”	under	“Important	Reminders,”	                 annually	 certify	 the	 number	 of	 unused,	 uncompen-
page	 38.)	 This	 information	 is	 also	 available	 on	 our	        sated	 sick	 leave	 days	 for	 members	 who	 terminated	
Web	 site,	 http://trs.illinois.gov,	 under	 “Member	               employment	during	the	past	school	year.	Please	check	
Account	Access.”	                                                   your	TRS	Benefits	Report	to	determine	if	any	previous	
                                                                    employers	reported	unused	sick	leave	for	you.
Regular service                                                     To	 be	 creditable	 for	 retirement	 purposes,	 sick	 leave	
You	 earn	 one	 year	 of	 service	 credit	 for	 any	 school	        must	be	available	for	your	use	if	you	become	ill.	Service	
year	in	which	you	are	employed	and	receive	salary	for	              credit	is	not	available	for	sick	leave	days	that	are	added	
170	days.	                                                          to your record at or near the time you terminate ser-
Prior	 to	 Jan.	 14,	 1991,	 if	 you	 earned	 salary	 for	 fewer	   vice	 for	 the	 purpose	 of	 increasing	 your	 retirement	
than 170 days, you were granted a fraction of a year                service	credit.
of	 service	 based	 on	 the	 length	 of	 the	 school	 term	 or	     In	certain	instances,	your	employer	may	agree	to	add	
employment	contract,	whichever	was	longer.	                         sick days to your record to restore days lost due to an
Effective	 Jan.	 14,	 1991,	 if	 you	 earn	 salary	 for	 fewer	     earlier,	lower	cap	or	because	of	a	negotiated	increase	
than	170	days	between	July	1	and	June	30,	you	will	be	              in	sick	days.
granted	service	credit	at	the	ratio	of	actual	number	of	            In	all	cases,	any	additional	days	awarded	must	actually	
days	paid	to	170	days.                                              be	available	for	use	in	the	event	of	illness,	accident,	or	
For example, if you teach three days per week for a                 disability.	The	following	box	shows	the	calculation	to	
total	of	108	days,	your	service	credit	would	be	0.635	of	           determine	 whether	 additional	 days	 granted	 are	 avail-
a	year.	(108	÷	170	=	0.635)                                         able	for	use	and	retirement	credit.


                                                                                                                                 7
                                                                  TRS	will	not	grant	service	credit	for	any	days	you	with-
    Number	of	paid	days	remaining	                                drew	from	a	sick	leave	bank	in	excess	of	the	days	you	
    until termination:                    ____________            deposited	into	the	bank	and	did	not	use.	
      •	 Include	subsequent	years	
      				(if	applicable)
                                                                  Granted days
                                                                  The	following	situations	are	regarded	as	granting	sick	
    Subtract	sick	days	already	
                                                                  leave	 in	 excess	 of	 the	 normal	 annual	 allotment.	 The	
    recorded on your record               ____________
                                                                  three-step	formula	must	be	applied	to	the	extra	days	as	
    Additional sick days, if any,                                 of the date they are added to your record to determine
    that	may	be	granted	and	available	                            if	they	are	available	for	use.	
    for retirement credit              ____________
                                                                  •	 granted	 from	 a	 sick	 leave	 bank	 to	 preserve	 your	
                                                                     personal	 sick	 leave	 balance	 in	 the	 final	 year(s)	
Example                                                              of	service;
With 180 days (one school year) remaining until you
                                                                  •	 bonus	 days	 awarded	 for	 good	 attendance	 or	 for	
retire,	 you	 have	 210	 available	 sick	 leave	 days.	 Your	
                                                                     not	using	sick	or	personal	leave;
employer grants you an additional 130 days in an
                                                                  •	 sick	 leave	 days	 awarded	 in	 lieu	 of	 payment	 for	
attempt	 to	 give	 you	 two	 full	 years	 of	 service	 credit	
                                                                     extra	duties;
at	 retirement.	 These	 added	 days	 cannot	 be	 reported	
to	TRS	because	they	were	not	available	for	your	use;	             •	 unused	 bereavement	 leave	 days	 converted	 to	
at the time they were granted, you had sufficient sick               sick	leave;	
leave	available	to	cover	the	remainder	of	your	employ-            •	 unused	vacation	days	converted	to	sick	leave;
ment	 (180	 days	 until	 retirement	 less	 210	 days	 already	    •	 unused	personal	leave	days	that	accumulate	two-
on	 record).	 You	 use	 five	 days	 during	 the	 school	 year.	      for-one	as	sick	leave	or	personal	leave;
At	 termination,	 the	 district	 reports	 205	 (210-5)	 days	     •	 personal	leave	days	that	are	not	available	for	use	as	
of	unused,	uncompensated	sick	leave	to	TRS.	You	will	                sick	leave	but	accumulate	as	sick	leave	if	unused;
receive	credit	for	1.206	of	a	year	(205	÷	170	=	1.206).	          •	 sick	 leave	 days	 borrowed	 from	 a	 future	 school	
TRS	will	not	grant	service	credit	for	days:                          year;	or
•	 lost	as	a	result	of	a	district	imposed	sick	leave	cap;         •	 unused,	 non-designated	 or	 no-reason	 days	 con-
•	 not	reinstated	or	granted	sufficiently	far	in	advance	            verted	to	sick	leave.	
   of	retirement	to	be	available	for	use;                         Personal leave days
•	 granted	 contingent	 upon	 a	 future	 event	 such	             If	unused	and	unpaid	personal	leave	could	be	used	in	
   as retirement or not retiring under the Early                  the	event	of	illness,	they	may	also	be	reported	for	sick	
   Retirement	Option;                                             leave	service	credit.
•	 only	available	for	catastrophic	or	extended	illnesses;
                                                                  Vacation
•	 accumulated	in	excess	of	a	per	illness	limitation;
                                                                  You	 will	 not	 receive	 service	 credit	 for	 unused	
•	 reportable	to	another	retirement	system;                       vacation	days.
•	 earned	 in	 years	 for	 which	 you	 took	 a	 refund	 that	
   has	not	been	repaid;	
•	 available	for	use	in	a	non-TRS-covered	position;
•	 or	recorded	in	other	states,	even	if	you	purchased	
   out-of-system	credit.




8
Optional Service Credit
You can obtain additional credit towards your retirement         Health Insurance Security Fund (THIS Fund) when mak-
through purchases of optional service or repayment of refunds.   ing an optional service credit purchase to help finance
There are several types of optional service. Most have           the Teachers’ Retirement Insurance Program. Active
a direct relationship to certified teaching in the pub-          military service purchases are an exception to this
lic schools, but there are certain exceptions such as            contribution rule.
military service.                                                The THIS Fund amount will vary according to the pur-
To begin the process of purchasing optional service              chase year; it is calculated by using the same rate that
credit, call TRS at (800) 877-7896 and request the               was required that year. For example, the 1995 THIS con-
optional service type’s form. In all cases, you must             tribution rate would apply for a 1995 maternity leave
submit the appropriate documentation to TRS to pur-              optional service credit purchase. The payment must be
chase the credit. We urge you                                                                    made to the THIS Fund
to do so at the earliest possible                                                                with a separate check.
opportunity to avoid disap-
pointment. With the passage
                                                                                                 Out-of-system
of time, records may become                                                                      service
lost, destroyed, or much                                                                      Illinois law does not per-
more difficult to obtain. Once                                                                mit credit for teaching
reported to TRS and verified,                                                                 service that is also used
the qualifying event is a perma-                                                              in any other statutory,
nent part of your record at TRS                                                               public employee retire-
and can be used in calculating                                                                ment system except
your benefit estimates.                                                                       Social Security or a mili-
                                                                                              tary allotment. You may
You are under no obligation to
                                                                                              not receive retirement
purchase optional service that
                                                                                              benefits from two public
you have reported to TRS.
                                                                 pension systems for the same years of service.
When to purchase                                                 The following types of full-time, part-time or
Purchases of most service credit must be completed               substitute public school teaching qualify as “out-of-
before you retire. The only exception is credit for preg-        system” service:
nancies and adoptions.                                           •	 other	 states,	 territories,	 or	 dependencies	 of	 the	
In addition, federal tax laws do not permit your sur-                United States,
vivors to initiate or complete an optional service               •	 Chicago	public	schools,	and	
purchase or refund repayment after your death.                   •	 public	 common	 schools	 operated	 by	 the	
Cost                                                                 United States.
Your cost for out-of-system service, part-time teaching,         In addition, employment by a public agency in profes-
unreported substitute teaching, homebound teach-                 sional speech correction or special education in Illinois,
ing, leave of absence, involuntary layoff, pregnancy             another state, territory, dependency of the United
leave, or adoption leave credit is equal to the amount           States qualifies.
that would have been required had the service been               The following types of service do not qualify because
earned under TRS, plus interest, usually at the rate             they were not performed in a public common school:
of 6 percent, from the date the contributions would
                                                                 •	 colleges	or	universities,	and	
have been due to the date payment is made. The
cost for military service is specified within its section.       •	 military	instructional	centers.
                                                                 Service requirements
THIS Fund Contribution                                           Your out-of-system service must be followed by at least
For service performed on or after July 1, 1995, all active       five years of creditable service earned with TRS, the
TRS members, except employees of state agencies,                 Public School Teachers’ Pension and Retirement Fund
are required to make contributions to the Teachers’

                                                                                                                         9
of Chicago (CTRF), or the State Universities Retirement        leave does not include a dismissal for cause or other
System (SURS). The out-of-system service cannot                performance-related reasons.
exceed two-fifths of your total creditable service with        To qualify, you must return to service under TRS or the
TRS at retirement. The overall maximum is 10 years.            State Universities Retirement System (SURS) after the
You may establish and pay for out-of-system service at         leave or layoff for one year or the period of the leave/
any time. However, you must meet the service require-          layoff, whichever is less.
ments at retirement for the out-of-system service to
be creditable.                                                 Reporting
                                                               The member and the school district must complete the
Reporting                                                      Leave of Absence Certification form using actual school
The member, school district, and retirement system             records. For an involuntary layoff, a letter from the
must complete the Out-of-System Service Certification          employer indicating the RIF must be received.
form using actual school records.
                                                               Since July 2001, TRS has requested school districts to
Part-time teaching                                             annually report any approved leave of absences.
You may be eligible to purchase credit for part-time teach-    Pregnancy or adoption credit
ing if you worked part-time between July 1, 1969 and
                                                               You may purchase credit for periods of absence from
June 30, 1990. If you worked in a permanent and contin-
                                                               a TRS-covered position due to pregnancy or adoption
uous position during the entire school term, you have
                                                               prior to July 1983.
already received credit. If your service was not per-
manent and continuous, you may purchase the credit.            To qualify, you must have returned to covered employ-
                                                               ment with either TRS or State Universities Retirement
Reporting                                                      System (SURS) for one year or the period you were
The member and the school district must complete               away from teaching due to pregnancy, whichever
the Part-time Service Certification form using actual          is less.
school records.
                                                               Although it is advantageous to purchase the credit as
Substitute and homebound                                       soon as possible, there is no deadline. Annuitants or
teaching                                                       members may purchase all or a portion of the credit to
Before July 1990, substitute teaching service was not          which they are entitled, but annuitants may make only
covered by TRS. You may, however, purchase credit              one purchase.
for this service. In addition, you may purchase credit for     Credit Maximum
homebound instruction and tutoring service that was            You may purchase a maximum of three years for all
paid by a TRS employer.                                        leaves of absence, involuntary layoffs, and absences
Reporting                                                      due to pregnancy or adoption.
The member and the school district must complete the           Reporting
Substitute or Homebound Service Certification form             Send us a completed Pregnancy Service Certification
using actual school records.                                   or Adoption Service Certification form and all required
                                                               supporting documentation.
Leave of absence or involuntary
layoff                                                         Military service
You may purchase service credit for approved leaves of         You may purchase two types of military service:
absence or involuntary layoffs.                                •	 military	 service	 that	 immediately	 followed	 Illinois	
A leave of absence is “approved” if:                              public school teaching, and
•	 you	did	not	resign;                                         •	 military	 service	 that	 did	 not	 immediately	 follow	
•	 your	employer	promised	renewed	employment	at	                  Illinois public school teaching.
    the end of the leave; and                                  You may purchase up to five years of credit, but only
•	 your	 employer,	 through	 its	 board,	 officially	          two may be for service that did not immediately follow
    approved your leave; or                                    TRS-covered employment.
•	 your	 leave	 qualifies	 under	 the	 federal	 Family	 and	   Military service immediately
    Medical Leave Act, as certified by your employer.          following teaching
A layoff is involuntary if it is due to a reduction in force   If you were drafted or enlisted while teaching, you
(RIF) authorized under the School Code. An involuntary         may be able to purchase up to five years of credit. This
10
credit must be purchased before you retire. To qualify,       Service canceled by a refund
your military service must have begun within 12 months        When you take a refund of your TRS contributions,
of teaching service under TRS or CTRF, the plan for           your TRS membership ends and all creditable service is
Chicago teachers. Credit is granted for actual military       canceled. This service cannot be reinstated or used for
service as well as for federally-sponsored teacher train-     calculating benefits until you:
ing that followed your discharge from the military.
                                                              •	 repay	the	entire	refund	with	interest	from	the	date	
Reporting                                                         the refund was made until the date you repay the
Send us a copy of your U.S. Government Form DD-214                refund; and
or its equivalent.                                            •	 complete	one	year	of	TRS	creditable	service	follow-
Cost                                                              ing the refund, or
Your cost is equal to the contributions to TRS that           •	 complete	 two	 years	 of	 creditable	 service	 under	 a	
would have been required had you continued teach-                 reciprocal retirement system.
ing. Interest is charged, usually at the rate of 6 percent,   Remember, Illinois law does not permit credit for
from the date the contributions would have been due           teaching service that is also used in any other statu-
to the date payment is made.                                  tory, public employee retirement system except Social
Military service NOT immediately                              Security or a military allotment.
following teaching
If you were not teaching in a position covered by TRS
or CTRF at the time you joined the military, you may be
eligible to purchase up to two years of credit for your
military service. This credit must be purchased before
you retire.
Reporting
Send us a copy of your U.S. Government Form DD-214
or its equivalent.
Cost
The cost is based on the total normal cost in effect on
the date of application. This rate, which is determined
by our actuaries each year, includes both employer
and employee contribution costs. The rate is multi-
plied by the salary for your first year of teaching after
military service.
The salary must be for a position that required manda-
tory contributions to TRS. Interest, usually at the rate of
6 percent, is added from the date of first membership
in the system or when the contributions would have
been due, whichever is later, until the balance is paid.
Obtaining a Form DD-214
Written requests for duplicate form DD-214 must be
signed and mailed to:
        National	Personnel	Records	Center
        (Military Personnel Records)
        9700 Page Ave.
        St. Louis, MO 63132-5100




                                                                                                                    11
Payment Options
Several options are available to pay for optional service,      Rollovers
refunds, or 2.2 upgrades. The table below will help you          TRS can accept rollover contributions (other than
select an option.                                               after-tax contributions) from:
                       i                 2                 S    •	 another	 qualified	 Section	 401(a)	 or	 401(k)	 or	
                       v       e       U g     e            *
                                                                     Keogh plan;
              m   m   Yes      Yes       Yes       Yes   Yes
                                                                •	 an	annuity	plan	described	in	Internal	Revenue	Code	
                      Yes      Yes       No        Yes   Yes         (IRC),	Section	403(a);	
      m
 ax       e
                                                                •	 a	 tax-sheltered	 annuity	contract	described	in	IRC,	
                      Yes      Yes       Yes       Yes   No          Section	403(b);	
 o
* Must be paid with separate check to THIS Fund.                •	 an	 individual	 retirement	 account	 or	 annuity	 (IRA)	
                                                                     under	IRC,	Section	408(a)	or	Section	408(b)	that	is	
Lump-sum or installment                                              eligible to be rolled over and would otherwise be
payments                                                             included in gross income;
You may make a lump-sum payment directly to TRS                 •	 a	conduit	individual	retirement	account	described	
when you pay or prepay Early Retirement Option                       in	IRC,	Section	408(d);
(ERO) contributions, purchase optional service credit,          •	 a	 Simplified	 Employee	 Pensions	 Plan	 (SEP)	 under	
upgrade your service credit to the 2.2 benefit formula,              IRC,	Section	408(k);	
or repay refunded service. Only purchases of optional           •	 a	 Savings	 Incentive	 Match	 Plan	 for	 Employees	
service credit, ERO prepayments, or repayments of                    (Simple	 IRA)	 under	 IRC,	 Section	 408(p),	 if	 there	
refunds may be made in installment payments directly                 has been participation in the plan for at least two
from you to TRS. Each installment payment must be a                  years; and
minimum of $50. If your total balance due is less than          •	 an	eligible	deferred	compensation	plan	under	IRC,	
$50, your payment must be for the full amount due. You               Section	 457(b)	 which	 is	 maintained	 by	 a	 state,	
may not make after-tax, direct installment payments                  political subdivision of a state, or any agency or
for the cost to upgrade to the 2.2 benefit formula.                  instrumentality of a state or political subdivision of
For service performed on or after July 1, 1995, all active           a state.
TRS members, except employees of state agencies,                Additionally, TRS will also accept spousal rollovers
are required to make contributions to the Teachers’             of	 distributions	 from	 Section	 401(a),	 401(k),	 Keogh,	
Health Insurance Security (THIS) Fund when making               403(a),	 403(b)	 and	 457(b)	 plans	 that	 the	 member’s	
an optional service credit purchase to help finance the         deceased spouse participated in or that have been
Teachers’ Retirement Insurance Program. The THIS                divided by a Qualified Domestic Relations Order.
Fund amount will vary according to the purchase year;
                                                                Roth IRAs are not eligible for rollover.
it is calculated by using the same rate that was required
that year. For example, the 1995 THIS contribution rate         TRS cannot process the payment without a correctly
would apply for a 1995 maternity leave optional service         completed Rollover Certification form that provides
credit purchase.                                                written confirmation from the transferring plan that
                                                                the amounts deposited are eligible for rollover treat-
The payment must be made to the THIS Fund with a
                                                                ment. Rollover eligibility is governed by federal law and
separate check.
                                                                providers’ rules and regulations.
We accept personal checks, money orders, and cashiers’
                                                                The rollover amount cannot exceed the amount due
checks. If you prefer not to mail a check, your financial
                                                                to TRS.
institution may be able to make an online bill payment
from your account to TRS. Contact your financial insti-         For more information about rollovers and to obtain the
tution if you have any questions. A paper check will be         form to initiate the rollover, please contact us.
mailed to TRS by the bank or their processing agent.
Cash, credit card, and debit card payments are not
accepted.


12
Retirement Benefits
You’ve been preparing children for their futures while we’ve             If you fall short of qualifying for a nondiscounted
been building your retirement security. Whether you are                  annuity, the Early Retirement Option (see page 15) is
retiring soon or years from now, we can help with your                   available to avoid a discounted annuity.
retirement planning.
                                                                         Under federal law, inactive members are required to
Retirement annuity                                                       take a TRS distribution at age 70½.
Your retirement benefit will be provided for your
                                                                         Annuity calculation
lifetime.
                                                                         To determine your annuity, we use either an actuarial
Eligibility                                                              annuity calculation or an average salary/service credit
To be eligible for a TRS retirement annuity, the Illinois                calculation, whichever results in a higher benefit. The
Pension Code requires you to terminate active ser-                       actuarial calculation is based on interest and mortality
vice as a teacher. It is not permissible to prearrange                   rate factors, which are subject to change. The aver-
post-retirement employment. To meet federal guide-                       age salary/service credit calculation (whose terms
lines, TRS requires a genuine resignation and that the                   are defined in this section) yields a larger retirement
employment relationship be severed prior to the com-                     annuity for most members with current or recent ser-
mencement of benefits.                                                   vice; the maximum retirement benefit is 75 percent of
To establish termination of service, two conditions                      the average salary. There is no limit on the actuarial
must be met. First, you must formally resign from your                   annuity benefit.
teaching position. Second, you must wait 30 calendar                     The actuarial benefit has been eliminated for teachers
days from the date of resignation before performing                      who became members on or after July 1, 2005, as a
any post-retirement teaching for the same employer.                      result of Public Act 94-0004. For most TRS members,
The 30 calendar day wait period does not apply if the                    the 2.2 formula calculation results in a larger benefit
post-retirement teaching is for another employer.                        than the actuarial calculation. The actuarial calcula-
Designations such as “temporary,” “interim,” and                         tion usually benefits members with exceptionally long
“independent contractor” will not suffice to establish                   careers or long periods of inactive status.
termination of active service if the continued employ-                   Average salary is the average of the four highest con-
ment is with the same employer.                                          secutive annual salary rates within the last 10 years
An annuitant who has established termination of ser-                     of creditable service. If you have less than a full year
vice may not return to post-retirement teaching in the                   during your final year of teaching, we use a special pro-
same school year he or she last contributed to TRS.                      cedure to calculate average salary.
Once pension eligibility is established, retiring members                Each annual salary rate after June 30, 1979, cannot
must comply with post-retirement employment limita-                      exceed the previous year’s full-time rate by more than
tions. (See “Post-retirement Matters,” page 19.)                         20 percent. Any earnings above this limit are excluded.
                                                                         The 20 percent cap on salary increases applies only
In addition to terminating service, you must meet one
                                                                         to service you performed for the same employer.
of the following age and service credit requirements:
                                                                         Consolidation of school districts does not consti-
     Years of Service             Age                                    tute a new employer; therefore, the 20 percent cap
               5                   62                                    still applies.
              10                   60                                    Years of creditable service determine the percentage of
              20                   55 (discounted annuity or ERO)        the average salary to which you are entitled. If you do
              35                   55*                                   not upgrade service to the 2.2 formula, you are entitled
*   If you are eligible to receive a retirement annuity of at least      to the following formula for service credit earned prior
    74.6 percent of the final average salary and will reach age 55       to July 1, 1998:
    between July 1 and Dec. 31, we consider you to have attained age     •	   1.67	percent	for	each	of	the	first	10	years
    55 on the preceding June 1.                                          •	   1.9	percent	for	each	of	the	second	10	years
*   If you are a TRS member currently employed by a state of Illinois    •	   2.1	percent	for	each	of	the	third	10	years
    agency, you may be eligible to retire under the Rule of 85. Please   •	   2.3	percent	for	each	year	over	30	years
    contact TRS for eligibility requirements.

                                                                                                                              13
For post-June 1998 service, you receive 2.2 percent for        largest amount payable throughout your lifetime. A
each year of service.                                          reversionary annuity reduces the retirement annuity
A special provision applies to members who had at              amount to provide an additional monthly annuity to
least 24 years of service credit as of July 1, 1998. If you    a surviving, designated dependent beneficiary after
do not upgrade to the 2.2 formula and you had at least         your death.
24 years of service prior to July 1998, you will receive       Electing to receive a reversionary annuity should be a
2.2 percent for each year of service earned after June         careful decision because of its costs, possible reduc-
1998 up to 30 years and then 2.3 percent for each year         tion in death benefits, and irrevocability. If you elect a
of service over 30 years.                                      reversionary annuity, remaining contributions are not
                                                               payable at the time of your death. (See “Refund of
Maximum retirement benefit
                                                               Retirement Contributions,” page 32.)
If you are qualified to receive a benefit of at least
74.6	percent	of	final	average	salary,	we	will	round	this	      Regardless of the type of annuity you select, your
percentage up to the 75 percent maximum retirement             dependent will receive death benefits from TRS after
benefit. If all of your service credit is with TRS, you will   your death if you have named him or her to receive
receive the maximum benefit with 34 years of service           such benefits on your Member Information and
credit if you are eligible for a non-discounted annuity.       Beneficiary Designation (MIBD) form. (See “Death
                                                               Benefits,” page 29.)
Discounted retirement annuity
If you retire between the                                                                   If you elect the reversionary
ages	 of	 55	 and	 60	 with	                                                                annuity, you must designate
at least 20 but fewer                                                                       the dependent beneficiary
than 35 years of service,                                                                   to whom you wish the rever-
your retirement annuity                                                                     sionary annuity be paid. This
is	 reduced	 by	 6	 percent	                                                                beneficiary does not have
for each year (half per-                                                                    to be the same as the death
cent per month) that                                                                        benefit designee.
you	 are	 under	 age	 60.	                                                              Once you have selected a
You can avoid this reduc-                                                               dependent beneficiary to
tion if both you and your                                                               receive the reversionary
employer make a one-                                                                    annuity, the selection cannot
time contribution to TRS.                                                               be changed and there is no
(See “Early Retirement                                                                  continuing requirement that
Option,” page 15.) A discounted annuity is based on            a dependent relationship exist between you and the
your average salary, years of service, and age.                beneficiary. In other words, whether or not the ben-
                                                               eficiary is dependent on you at the time of your death
2.2 upgrades                                                   has no bearing on his or her eligibility to receive the
You may upgrade all of your pre-July 1998 service to           reversionary annuity.
the 2.2 formula by making an additional contribution.          Election of a reversionary annuity is irrevocable.
The contribution is equal to 1 percent multiplied by your      However, if your designated beneficiary predeceases
highest salary rate in the four consecutive school years       you and you send us a certified copy of the death cer-
immediately prior to, but not including, the school year       tificate, we will reinstate your retirement annuity to
in which you apply for the upgrade times the num-              the full amount on the first day of the month after we
ber of years of creditable service you earned prior to         receive your beneficiary’s death certificate. You will not
July 1, 1998, or up to 20, whichever is less. For informa-     receive any retroactive adjustments.
tion about receiving a refund or reduction of your 2.2
upgrade cost, see “Refunds or reduction of the 2.2             Single-sum retirement benefit
upgrade cost” on page 15.                                      If you have fewer than five years of creditable service,
                                                               you are eligible to receive a single-sum retirement ben-
Reversionary annuity                                           efit	 at	 age	 65.	 The	 benefit	 is	 the	 actuarial	 equivalent	
When you retire, you will receive a standard                   of	 a	 retirement	 annuity	 consisting	 of	 1.67	percent	 of	
annuity from TRS unless you elect to receive a rever-          your final average salary for each year of creditable ser-
sionary annuity. The standard annuity provides the             vice. To be eligible for this benefit, you must terminate
14
TRS-covered employment and complete an application              Example of ERO Costs
for a single-sum retirement annuity.                                    e                 59     58     57     56     55
Once you receive the single-sum benefit, you may teach          Cre    a le Ser i e       34     33     32     31     30
in a TRS-covered position without restriction and you                 rE O               11.5 23.0 34.5 46.0 57.5
will not be required to make contributions.                                  s   O       23.5   47.0 70.5 94.0 117.5
Early Retirement Option                                         Employer limits on utilization
The Early Retirement Option (ERO) is a helpful way of           The law allows your employer to limit the number of
avoiding the substantial discount in your pension ben-          employees who may use ERO. The employer must
efits	if	you	retire	prior	to	age	60	with	less	than	35	years	    permit at least 10 percent of ERO eligible employees
of creditable service.                                          to exercise the ERO option. In all cases, if a limit is
If you are a TRS member between the ages of 55 and              imposed, eligibility will be based on seniority in the ser-
60	and	have	at	least	20	but	less	than	35	years	of	service,	     vice of the employer (not total TRS credit).
you may use the ERO to avoid a discounted annuity. If           Member contribution rate
you do not use the ERO and you retire with less than            The law requires a 0.4 percent salary contribution
35	years	of	service,	your	annuity	is	reduced	6	percent	         towards the cost of ERO. All member earnings are sub-
for	each	year	that	you	are	under	age	60.                        ject to the contribution requirement.
ERO eligibility                                                 If a member does not receive a retirement annuity cal-
All of the following conditions must be met:                    culated using ERO, the contributions will be refunded
•	 You	 must	 apply	 with	 TRS	 and	 retire	 within	 six	       without interest:
   months of your last day of contributing service.             •	 within	 120	 days	 of	 when	 a	 member’s	 non-ERO	
•	 If	you	are	under	age	55	when	you	cease	teaching,	               annuity commences;
   you may use the Early Retirement Option if you               •	 if	the	member	takes	a	refund	that	terminates	mem-
   turn age 55 and if your retirement begins within six            bership in TRS;
   months of your last day of service.                          •	 if	the	member	dies	without	having	begun	to	receive	
•	 You	and	your	last	employer	must	each	make	a	one-                a retirement annuity; or
   time, nonrefundable ERO contribution to TRS. The             •	 if	the	ERO	program	is	terminated	in	the	future	as	
   contribution is a percentage of the highest salary              a result of contribution rate reviews set to begin
   rate used to calculate your average salary.                     in 2012.
•	 The	ERO	contribution	is	in	addition	to	contributions	        ERO expiration
   required to upgrade pre-July 1998 service credit or          The current ERO does not have an expiration date.
   to pay for any optional service.                             However, the law requires the TRS actuaries to con-
•	 Substitute	 teachers	 must	 teach	 85	 or	 more	 days	       sider the sufficiency of the employer and member
   in the last school term with one employer to be              contributions for ERO. There is a specific process that
   eligible for ERO. The final day of teaching with that        will begin in 2012 for these reviews. If the proposed
   employer must be within six months of the date of            rates are not acceptable to the General Assembly, the
   the application for retirement.                              ERO provision will be terminated on June 30, 2013.
ERO costs
You and your last employer must each make a one-time,
                                                                Refunds or reduction of the
nonrefundable ERO contribution to TRS. The contribu-            2.2 upgrade cost
tion is a percentage of the highest salary rate used to         You may receive a refund with interest or a reduction
calculate your average salary. Your employer’s percent-         of your 2.2 upgrade cost:
age is calculated by multiplying 23.5 percent for each          •	 For	 every	 three	 years	 you	 teach	 and	 earn	 regular	
year	or	partial	year	that	your	age	is	less	than	60.	Your	          service credit after July 1, 1998, the equivalent of
percentage is calculated by multiplying 11.5 percent               one year of your 2.2 upgrade cost will be reduced
times the lesser of:                                               or refunded with interest.
•	 The	 number	 of	 years	 or	 partial	 years	 of	 service	
   under 35 years; or
•	 The	 number	 of	 years	 or	 partial	 years	 your	 age	 is	
   under	60.	
                                                                                                                       15
If you retire with more than 34 years of service credit,       Effect of receiving a refund
you may receive:                                               When you receive a refund of your survivor benefit
•	 a	 25	 percent	 reduction	 in	 upgrade	 costs	 for	 each	   contributions, you waive all rights to your beneficiaries’
    year of creditable service beyond 34 years, up to a        receiving survivor benefits. However, your remain-
    maximum of 100 percent. Partial years are prorated.        ing accumulated retirement contributions, if any, still
    or                                                         remain payable to your beneficiaries upon your death.
                                                               The survivor benefit refund may be repaid with inter-
•	 refunds	 of	 optional	 service	 purchases,	 excluding	
                                                               est if you return to teaching and earn one year of
    refund repayments, that cause total service to
                                                               creditable service.
    exceed 34 years. The refund is based on the aver-
    age cost of the optional service.                          Application procedure
If you have both options available, we will refund the         When you are applying for retirement or at anytime
greater of these mutually exclusive refund options             thereafter, you may request a Refund of Survivor
automatically. Changes to a refund option may not be           Benefit Contributions Application form from us.
made after an annuity has begun.                               However, the form will not be sent until the processing
                                                               of your retirement is complete. Return your completed
Refund of survivor benefit                                     form to our Springfield office. Within six weeks after
contributions                                                  we receive your completed application, we will pro-
Eligibility                                                    cess your refund and will forward it to the Office of the
When you apply for a retirement annuity or while you           Comptroller for payment.
are receiving a retirement annuity, you may take a             Impact on Social Security
refund of your survivor benefit contributions if you           If you qualify to receive a single-sum retirement benefit
have creditable service after July 24, 1959, and you do        or take a refund from TRS instead of a monthly benefit,
not have a dependent beneficiary. (See “Types of ben-          you may wish to ask if your Social Security benefits will
eficiaries” under “Death Benefits,” page 29.)                  be reduced. For Social Security information, you may
The refundable amount is 1 percent of total gross cred-        call (800) 772-1213 or visit www.ssa.gov online.
itable earnings for each year of teaching service after
July 24, 1959.




16
Reciprocal Service
If you have service in more than one public retirement            Reciprocity	applies	only	to	retirement	and	survivor	ben-
system in Illinois, you may qualify for enhanced retirement       efits.	In	most	cases,	it	cannot	be	used	for	disability	and	
and survivor benefits by selecting a reciprocal retirement.       insurance purposes.
Reciprocity offers the following advantages:                      Members	 wishing	 to	 select	 reciprocity	 must	 apply	
•	 Service	credit	in	any	of	the	reciprocal	systems	may	           to	 each	 retirement	 system.	 The	 systems	 will	 then	
    be	used	to	meet	service	qualification	requirements	           exchange	information	in	order	to	determine	the	ben-
    for a pension.                                                efits	payable.	When	payments	begin,	you	will	receive	
•	 The	 highest	 final	 average	 salary	 earned	 is	 used	        separate	checks	from	each	system.	The	use	of	reciproc-
    by	 each	 of	 the	 reciprocal	 systems	 to	 calculate	        ity is entirely voluntary.
    the	 retirement	 ben-                                                                    If you are within five years of
    efit.	 This	 practice	                                                                   retirement,	 you	 may	 receive	
    usually results in a                                                                     a	reciprocal	benefit	estimate	
    higher benefit.                                                                          by contacting your current
•	 Members	 may	 rein-                                                                       retirement	 system.	 That	 sys-
    state refunded                                                                           tem	 will	 gather	 information	
    service at a recipro-                                                                    from	the	other	reciprocal	sys-
    cal	system	once	they	                                                                    tems	and	provide	you	with	a	
    have established                                                                         consolidated	estimate.
    two years service                                                                        In	 addition	 to	 TRS,	 systems	
    credit at another                                                                        under the Illinois Retire-
    reciprocal	system.                                                                       ment	 Systems	 Reciprocal	
You	 must	 have	 at	 least	                                                                  Act include:
one	 year	 of	 service	 credit	 in	 any	 system	 you	 wish	 to	
                                                                  •	 County	 Employees’	 Annuity	 and	 Benefit	 Fund	 of	
use	for	reciprocity.	The	one	exception	to	this	rule	is	if	
                                                                     Cook	County,
you	participated	in	IMRF	as	a	teacher	aide	and	earned	
                                                                  •	 Forest	 Preserve	 District	 Employees’	 Annuity	 and	
less	than	12	months	of	IMRF	service	credit,	and	were	
                                                                     Benefit	Fund	of	Cook	County,
next	 employed	 in	 a	 position	 covered	 by	 TRS.	 If	 this	
                                                                  •	 General	Assembly	Retirement	System,
applies,	 you	 may	 apply	 your	 IMRF	 service	 toward	 a	
                                                                  •	 Illinois	Municipal	Retirement	Fund,
reciprocal	pension	even	though	it	does	not	meet	the	
                                                                  •	 Judges’	Retirement	System	of	Illinois,
12-month	 requirement.	 You	 cannot	 use	 credit	 from	
                                                                  •	 Laborers’	Annuity	and	Benefit	Fund	of	Chicago,
another	 system	 if	 you	 have	 taken	 a	 refund	 or	 if	 the	
                                                                  •	 Metropolitan	 Water	 Reclamation	 District	
credit has already been applied to a pension. If you pre-
                                                                     Retirement	Fund,
viously	took	a	refund	from	a	reciprocal	system,	contact	
                                                                  •	 Municipal	 Employees’	 Annuity	 and	 Benefit	 Fund	
the	system	to	determine	if	you	may	repay	the	refund	
                                                                     of	Chicago,
you received.
                                                                  •	 Park	 Employees’	 Annuity	 and	 Benefit	 Fund	
To	retire	with	reciprocity,	your	total	years	of	recipro-             of	Chicago,
cal	service	must	equal	the	minimum	qualifying	period	             •	 Public	 School	 Teachers’	 Pension	 and	 Retirement	
under	each	system	to	be	eligible	for	retirement.                     Fund	of	Chicago,
If	the	service	periods	overlap,	the	reciprocal	benefits	          •	 State	Employees’	Retirement	System	of	Illinois,	and
will	be	adjusted	proportionately.	Members	who	have	               •	 State	Universities	Retirement	System	of	Illinois.
significant	 amounts	 of	 overlapping	 service	 may	 want	
to	consider	retiring	independently	under	each	system	
rather than using the reciprocal act.




                                                                                                                        17
Applying for and Receiving
Retirement Benefits
This is an exciting time for you. Your teaching career is   Annuity payments
almost complete. You have new experiences waiting.
                                                            You will receive your first annuity payment approxi-
The retirement process begins with you contacting us        mately 60 to 90 days after we receive a signed
about your plan to retire and ends approximately 60 to      application form, any remaining payments due from
90 days after your retirement date when you receive         you, and the Supplementary Report and Sick Leave
your first annuity payment.                                 Certification forms from your employer.
Personalized retirement                                     The Office of the Comptroller mails payments on the
interview                                                   last working day of each month. The payment you
                                                            receive on the first day of the month represents the
You may take advantage of our personalized retire-
                                                            annuity you earned for the preceding month. Please
ment interview by calling a TRS benefits counselor or
                                                            notify us if your payment has not arrived by the 10th
logging on to the “Member Account Access” area of
                                                            day of the month.
our Web site. When you plan to retire, you should con-
tact us approximately three to four months before your      To protect our annuitants, we have the right to suspend
retirement date.                                            retirement annuities if two payments remain uncashed.
                                                            Once we learn the circumstances behind the uncashed
Simply provide your Social Security number, the date
                                                            payments, we will mail the suspended payments to
you will retire, and your federal withholding status and
                                                            the annuitant.
number of exemptions to
start the process. During                                                               Direct deposit
your interview, we will dis-                                                            Annuitants, beneficiaries,
cuss any optional service                                                               and disability recipients
or credit under reciprocal                                                              are encouraged to have
systems, upgrading any                                                                  payments electronically
pre-July 1998 service credit,                                                           deposited into a bank or
enrolling in the Teachers’                                                              other financial institution.
Retirement Insurance                                                                    Direct deposit is a safe and
Program, and signing up for                                                             convenient way to ensure
direct deposit.                                                                         that your payments are
TRS will complete the                                                                   received automatically
retirement forms with                                                                   each month.
you over the telephone or                                                              To authorize direct deposit
online in about 15 minutes. You should receive your         of benefit payments, you and your financial institution
personalized forms within 10 business days.                 must complete and sign the Depository Agreement for
Effective date of retirement                                TRS Benefit Payments form. Please return the agree-
                                                            ment form no later than the 15th day of the month.
Once you meet the eligibility requirements (see
                                                            Your next check will be mailed directly to your home
“Retirement Benefits,” page 13), your retirement annu-
                                                            address. In following months, your payment will be
ity will begin on the later of:
                                                            directly deposited into your account on the first bank-
•	 the	day	following	the	last	day	for	which	you	earn	       ing day of each month. You will not receive a monthly
   salary that counts toward retirement, or                 statement from TRS.
•	 the	 day	 on	 which	 you	 attain	 the	 minimum	
                                                            The Office of the Comptroller will send you an earnings
   qualifying age.
                                                            statement whenever there is a change in the amount of
                                                            the direct deposit and at the end of each calendar year.




18
Post-Retirement Matters
Annuitants will want to be aware of special issues, such       Highlights booklet that is available through our Forms
as health insurance, automatic annuity increases, post-        Order Line and our Web site.
retirement employment limitations, and re-entry into
active membership.                                             TRS members with at least five years of service with a
                                                               qualified state of Illinois agency may be eligible for ben-
Health insurance                                               efit options under the State of Illinois Group Insurance
In addition to current participants, enrollment in the         Plan. At retirement, we will send information to mem-
Teachers’ Retirement Insurance Program (TRIP) is               bers who qualify for the plan.
open to:
                                                               Annual increases in annuity
•	 any	 member	 who	 has	 eight	 or	 more	 years	 of	
                                                               Nearly	all	annuitants	receive	a	3	percent	annual	increase	
    TRS service credit and is receiving a monthly
                                                               in their annuities. You will receive the increase on the
    retirement benefit;
                                                               later of:
•	 any	beneficiary	who	is	receiving	a	monthly	survivor	
    benefit from a member who had eight or more                •	 Jan.	1	following	your	first	anniversary	in	retirement	
    years of service credit; or                                     or
•	 any	 member	 who	 is	 receiving	 a	 disability	 benefit,	   •	 Jan.	1	following	the	date	you	reach	age	61.
    regardless of the years of service credit.                 The increase is effective in January of each year and
TRIP is a comprehensive program of quality healthcare          is reflected in the payment you receive in February.
coverage for retired teachers and their eligible depen-        This increases your monthly benefit and is not a ret-
dents. TRS’s role is to provide members with basic             roactive lump-sum payment. When we calculate the
coverage information, enroll them in the program, and          first increase, we include increases for the entire time
collect the appropriate premiums. The State of Illinois        you have been in retirement. This first increase is cal-
Department of Central                                                                       culated by determining the
Management Services                                                                         number of years that have
(CMS) determines coverage                                                                   elapsed since you retired or
benefits, establishes premi-                                                                reached age 55, whichever
ums, negotiates contracts                                                                   is later, and the effective
with the insurance carriers,                                                                date of your initial increase.
and resolves coverage and                                                                   This increased benefit con-
claim issues. CMS admin-                                                                    tinues until the next annual
isters TRIP as set forth in                                                                 increase of 3 percent is
the State Employees Group                                                                   applied.
Insurance Act of 1971.                                                                   Some annuitants may
No	TRS	monies	are	used	to	                                                               receive increases in their
fund TRIP.                                                                               annuities prior to the initial
                                                                                         post-retirement increase
There are four times when you may enroll in TRIP:              due to minimum annuity legislation. If you are affected,
•	 when	you	apply	for	monthly	retirement	benefits	or	          we will notify you.
   disability benefits,
•	 when	 you	 turn	 age	 65	 or	 become	 eligible	             Employment limitations for
   for Medicare,                                               annuitants
•	 when	coverage	by	a	former	group	plan	is	involun-            While you are receiving a retirement annuity, certain
   tarily terminated, or                                       restrictions apply regarding employment you may
•	 during	the	annual	Benefit	Choice	Period	if	you	have	        accept, the types of positions in which you may be
   never been enrolled in TRIP.                                employed, and the number of days and hours you
                                                               may work.
Enrollment information, including premiums and a
summary of benefits, is provided in our TRIP Program



                                                                                                                     19
Employment limitation                                                Extra	duties	that	do	not	require	teacher	certification	are	
You	may	be	employed	by	any	college,	university,	or	pri-              not	subject	to	the	100	days/500	hours	post-retirement	
vate	school	without	limitation.	In	addition,	you	may	be	             employment	limitation.
employed	by	a	school	district	in	a	position	not	covered	             A	person	who	received	a	single-sum	retirement	benefit	
by	 TRS	 without	 limitation.	 For	 example,	 as	 a	 retired	        is	not	subject	to	these	limits.
teacher	you	may	be	employed	as	a	bus	driver	for	any	
number	of	days	or	hours.	You	may	also	be	employed	
                                                                     Exceeding the limitations
                                                                     If	 you	 exceed	 the	 employment	 limitations	 during	 any	
in	 public	 school	 systems	 outside	 the	 state	 of	 Illinois	
                                                                     school	year,
without	limitation.
                                                                     •	   we	must	be	notified,
Once	 you	 are	 retired,	 you	 may	 not	 resume	 employ-
ment	 in	 a	 TRS-covered	 position,	 including	 substitute	          •	   your	retirement	annuity	will	be	suspended,
and	summer	school	teaching,	in	the	same	school	year	                 •	   you	will	re-enter	active	membership,	and
in	which	you	last	contributed	to	TRS.	The	school	year	is	            •	   your	employer	must	remit	TRS	contributions	on	all	
July	1	through	June	30.	Therefore,	if	you	retire	during	                  creditable	 earnings	 after	 the	 employment	 limita-
the	school	year,	you	may	teach	summer	school	follow-                      tions	are	exceeded.
ing	retirement	only	if	your	first	day	of	service	is	after	           There	are	two	circumstances	where	you	will	be	required	
June	30.                                                             to	 repay	 all	 annuity	 payments	 in	 full	 from	 the	 date	
In	addition,	you	must	wait	30	days	from	the	effective	               of	retirement:
date	of	your	resignation	before	performing	any	post-                 •	 if	you	resume	teaching	in	the	same	school	year	in	
retirement	teaching	for	the	same	employer.	                              which	you	retired	or	
100 days/500 hours limitation                                        •	 if	you	exceed	the	employment	limitations	in	the	first	
Following	the	school	year	in	which	you	last	contributed	                 school	year	following	retirement.	
to	TRS,	you	may	be	employed	in	a	TRS-covered	position	               Special	 consequences	 apply	 if	 you	 exceed	 employ-
for	up	to	100	paid	days	or	500	paid	hours	per	school	                ment	 limitations	 following	 retirement	 under	 any	 5&5	
year	and	still	receive	a	retirement	annuity.	                        Early	Retirement	Incentive	(ERI)	program.	Call	Member	
If	you	work	only	full	days	(five	or	more	hours	per	day),	            Services,	(800)	877-7896,	for	information.
each	day	is	counted	toward	the	100	days	limitation.	If	              Special circumstances
you	work	all	partial	days	(fewer	than	five	hours)	or	a	              If	 you	 retire	 under	 the	 Illinois	 Retirement	 Systems	
combination	of	full	and	partial	days,	the	time	worked	               Reciprocal	Act,	you	must	adhere	to	the	post-retirement	
is	 counted	 toward	 the	 500	 hours	 limitation.	 Each	 full	       employment	limitations	of	each	retirement	system	that	
day	(five	or	more	hours)	is	counted	as	five	hours,	even	             is,	 or	 will	 be,	 paying	 you	 a	 retirement	 benefit.	 Post-
if	 you	 actually	 worked	 more	 than	 five	 hours	 on	 that	        retirement	 employment	 in	 one	 system	 does	 not	 limit	
date.	For	partial	days,	the	actual	number	of	clock	hours	            work	in	another	system.	Therefore,	you	should	contact	
worked	is	counted.	For	example,	if	you	worked	on	two	                each	 applicable	 reciprocal	 system	 regarding	 employ-
days	during	a	given	week,	three	hours	on	Tuesday	and	                ment	limitations	that	may	apply	to	you.	All	systems	will	
seven	hours	on	Thursday,	a	total	of	eight	hours	(three	              discontinue	benefits	if	the	limits	are	exceeded.
for	Tuesday	and	five	for	Thursday)	would	be	counted	
                                                                     Retirement with CTRF
toward	the	500	hours	limitation.	It	is	your	responsibility	
                                                                     If	you	retired	from	the	Public	School	Teachers’	Pension	
to	keep	a	record	of	your	hours	worked	to	ensure	you	
                                                                     and	 Retirement	 Fund	 of	 Chicago,	 you	 are	 allowed	 to	
do	not	exceed	the	limitation.
                                                                     work	in	a	TRS-covered	position	for	any	number	of	days	or	
Only	work	that	requires	teacher	certification	(including	            hours.	However,	if	you	exceed	the	100	days/500		hours	
summer	school	and	substitute	teaching)	is	subject	to	                limitation	in	a	school	year,	you	must	begin	contributing	
the	 100	 days/500	 hours	 post-retirement	 employment	              to	TRS	upon	exceeding	the	limitation.
limitation.	 All	 time	 that	 a	 teacher	 or	 administrator	 is	
required	to	be	present	for	certificated	duties	is	subject	           Re-entry into active
to	the	limitation.	This	includes	preparation	periods	and	            membership
time	 before,	 between,	 and	 after	 classes.	 For	 admin-           As	an	annuitant,	the	only	way	you	can	re-enter	active	
istrators,	 this	 includes	 all	 time	 that	 is	 required	 to	 be	   membership	is:
spent on administrative duties, such as attendance at
                                                                     •	 to	 teach	 in	 a	 TRS-covered	 position	 in	 the	 same	
board	meetings	and	contract	negotiations.
                                                                        school	year	in	which	you	last	contributed	to	TRS	or
20
•	 to	teach	beyond	the	100	days/500	hours	limitation	                •	 if	 you	 retired	 before	 age	 60	 and	 with	 less	 than	
     (see	“100	days/500	hours	limitation”	section).                       34	 years	 of	 service	 and	 the	 eligible	 employment	
If	you	resume	active	TRS	member	status,	                                  does	not	begin	within	the	year	following	the	effec-
•	 contributions	 are	 required	 on	 all	 creditable	 earn-               tive	date	of	the	retirement	annuity.
     ings, and                                                       •	 if	you	retired	at	age	60	or	above	or	with	34	or	more	
•	 you	 are	 required	 to	 send	 us	 a	 new	 age	 retire-                 years	of	service	and	the	eligible	employment	does	
     ment	 annuity	 application	 form	 when	 you	 file	 for	              not	begin	within	the	90	days	following	the	effective	
     retirement	again.                                                    date	of	the	retirement	annuity.
If	your	second	retirement	date	occurs	in	less	than	one	              The	employment	must	be	certified	as	a	subject	short-
year,	your	retirement	is	reinstated.	If	it	follows	comple-           age	 area	 by	 the	 regional	 superintendent.	 To	 become	
tion	 of	 at	 least	 one	 year	 but	 less	 than	 three	 years	 of	   certified,	the	school	district	must	advertise	the	vacancy	
creditable	 service,	 your	 annuity	 will	 be	 recomputed	           in	 newspapers,	 placement	 offices,	 and	 through	 the	
using	 the	 law	 in	 effect	 on	 your	 first	 retirement	 date.	     Illinois	Education	Job	Bank	prior	to	the	beginning	of	the	
If	at	least	three	years	of	creditable	service	have	been	             spring	or	fall	term.	If	the	vacancy	is	not	filled,	the	school	
established	 after	 you	 re-enter	 active	 membership,	              district	 must	 submit	 documentation	 to	 the	 regional	
your	annuity	will	be	recomputed	based	on	current	law,	               superintendent.	 The	 regional	 superintendent	 will	 cer-
including	 any	 legislation	 that	 changed	 benefits	 while	         tify	the	district’s	compliance	with	the	provisions.
you	were	in	retirement	the	first	time.                               Once	hired,	you	will	be	included	in	a	collective	bargain-
                                                                     ing	agreement	and	will	comply	with	the	laws	governing	
Return to work in subject                                            the	 employment,	 regulation,	 certification,	 treatment,	
shortage areas                                                       and	 conduct	 of	 teachers.	 You	 will	 participate	 in	 the	
In	 2008,	 Public	 Act	 95-0910	 extended	 the	 “Retiree	            group	 health	 benefits	 offered	 by	 the	 school	 district	
Return	 to	 Work”	 provision.	 A	 teacher	 may	 work	 in	 a	         without	 limitations	 based	 on	 pre-existing	 conditions.	
certified	subject	shortage	area	after	retirement	without	            While	teaching	in	the	subject	shortage	area,	you	must	
impairing	his/her	retirement	status	—	but	only	in	sub-               remain	 on	 the	 employer’s	 health	 insurance.	 It	 is	 not	
ject	areas	where	the	regional	superintendent	of	schools	             permissible	 	 to	 	 change	 to	 the	 Teachers’	 Retirement	
certifies	that	a	personnel	shortage	exists.	As	amended,	             Insurance	Program		(TRIP)	while	teaching	in	the	subject	
this	bill	changes	the	sunset	date	until	June	30,	2013.               shortage	area.	After	you	cease	teaching	in	the	subject	
                                                                     shortage	area,	the	employer	should	notify	TRS	that	you	
Participation and eligibility
                                                                     have	terminated	employment	and	will	be	returning	to	
If	 you	 are	 receiving	 an	 annuity,	 you	 may	 teach	 in	 a	
                                                                     health	insurance	coverage	under	TRIP.
subject	 shortage	 area	 without	 compromising	 your	
retirement	status	if:                                                Your	 annuity	 amount	 will	 be	 unaffected	 by	 employ-
                                                                     ment	under	this	legislation.	An	annuitant	who	returns	
•	 your	employment	does	not	begin	within	the	school	
                                                                     to	work	under	this	program	is	not	required	to	comply	
   year	service	was	terminated.
                                                                     with	post-retirement	employment	limitations.	Neither	
•	 if	 you	 did	 not	 retire	 under	 the	 TRS	 5&5	early	            you	nor	your	employer	will	be	required	to	contribute	
   retirement	incentive.                                             to	TRS	and	no	additional	service	credit	will	be	earned.




                                                                                                                              21
Medicare and Social Security
As an active TRS member, you may be required to contribute   Web site, www.ssa.gov. Premium rate information is
toward Medicare coverage. However, you do not contribute     also available on the Web site.
to Social Security on your TRS-covered earnings. We will
not reduce your TRS benefit because of any Social Security   Social Security
benefit you may receive.
                                                             Active TRS members do not contribute to the retire-
Medicare                                                     ment and disability program under Social Security on
All public employees hired after March 31, 1986, are         their TRS-covered earnings. However, they may accu-
required to make contributions toward Medicare cov-          mulate credit under Social Security through other
erage. Persons who change employers after that date          employment that is not covered by TRS.
are also subject to the Medicare tax. Currently, these       Annuitants who return to teaching do not contribute
individuals and their employers each contribute 1.45         to Social Security.
percent of salary to Medicare.                                                 The Social Security Administration
Annuitants who return to teaching                                              provides a statement each year one
after March 31, 1986, also contribute                                          to three months before your birth-
to Medicare, regardless of the num-                                            day, provided you are at least 25
ber of days they teach. Annuitants                                             years old and are not already receiv-
and their employers each pay the                                               ing benefits. The statement provides
1.45 percent Medicare tax.                                                     you with an earnings history under
TRS annuitants with 40 credits of                                              Social Security, the number of cred-
coverage under Social Security will                                            its you have earned, and an estimate
receive free Medicare Part A (hospi-                                           of benefits you will receive (provided
tal insurance) coverage at age 65. A                                           you have earned sufficient credits
TRS annuitant may also obtain free                                             of coverage), excluding any offsets
Medicare Part A coverage as the                                                that may be applied.
result of paying the Medicare tax on                                           You may request a statement at any
covered employment. In addition, a                                             time by calling (800) 772-1213 and
TRS annuitant may have Medicare                                                asking for Form SSA-7004, Request
hospital coverage at age 65 if his                                             for Social Security Statement.
or her spouse has worked in Social                                             Complete the form and return it to
Security-covered employment at                                                 the address indicated on the form.
least 40 credits and if the spouse is at least age 62.       You may also submit your request through the Social
If you are a widow or widower of a Social Security-          Security Administration Web site, www.ssa.gov.
covered spouse, you are eligible for Medicare Part
A at age 65. Please contact Social Security to verify
                                                             Social Security benefit
your eligibility.                                            reductions
                                                             Two provisions may cause a reduction in your Social
If you do not qualify for free Medicare coverage,
                                                             Security benefits: the Windfall Elimination Provision
you can purchase Medicare Part A coverage through
                                                             and the Government Pension Offset. Only the Social
monthly premium payments. Medicare Part B (medical
                                                             Security Administration can provide information on
insurance) is optional and must be purchased sepa-
                                                             the actual amount of the reduction. We will not reduce
rately from Social Security through monthly premium
                                                             your TRS benefit because of Social Security benefits
payments. Annuitants must have both Medicare Parts
                                                             you receive.
A and B to enroll in the TRIP Medicare Supplement.
For information about Medicare Part D, please contact        Windfall Elimination Provision
Social Security.                                             As a TRS member, you do not pay Social Security tax
To obtain additional information, contact your local         on your earnings. In 1983, Congress enacted legisla-
Social Security Administration office for Publication        tion that would prevent those members who earned
CMS- 10050, Medicare & You or obtain it through their        Social Security credits through supplemental income


22
from receiving a full Social Security benefit. Social            The spousal benefit was designed to provide security
Security includes a formula that grants lower-paid               to spouses who had little or no Social Security benefits
workers a higher percentage return than their more               of their own and were, therefore, financially depen-
highly compensated counterparts. Prior to congres-               dent on a spouse’s Social Security coverage. Before
sional enactment of the Windfall Elimination Provision,          the offset was enacted, many TRS members quali-
Social Security benefits were computed as if TRS mem-            fied for a pension from TRS and from Social Security,
bers were long-term, low-wage earners, resulting in a            even though they were not financially dependent on
higher percentage Social Security benefit in addition            their spouses.
to their TRS pension. The modified formula eliminates            Under the Government Pension Offset, your Social
this “windfall.”                                                 Security benefits may not be reduced if you:
Your Social Security benefits may not be reduced                 •	 began	to	receive	or	were	eligible	to	receive	a	TRS	
due to the Windfall Elimination Provision if, before                 retirement annuity before December 1982 and
1986, you:                                                       •	 meet	 all	 the	 requirements	 for	 Social	 Security	
•	 reached	age	62;                                                   spouse’s or surviving spouse’s benefits in effect
•	 became	disabled	and	remained	entitled	to	a	Social	                in January 1977. At that time, divorced women
    Security disability benefit in any of the 12 months              must have been married at least 20 years (rather
    before reaching age 62, even if you reached age 62               than 10 years as required today) and men must
    after	1985;	or                                                   have received at least one-half support from
•	 received,	 or	 were	 first	 eligible	 to	 receive,	 a	 TRS	       their spouses.
    retirement annuity.                                          If you do not meet these two criteria, you may be
In addition, the effects of the Windfall Elimination             exempt from the offset if you received or were eligible
Provision are moderated if you had more than 20 years            to receive a TRS retirement annuity before July 1, 1983,
of “substantial” Social Security employment and are              and if you were receiving at least one-half support from
eliminated after 30 years of “substantial” employment.           your spouse.
To obtain additional information, contact your local             If you qualify to receive a single-sum retirement benefit
Social Security Administration office and ask for                or take a refund from TRS instead of a monthly benefit,
Publication 05-10045, The Windfall Elimination Provision.        you may wish to ask if your Social Security benefits will
                                                                 be reduced.
Government Pension Offset
This spousal offset also affects the Social Security bene-
fits for those who receive spousal or widow’s benefits.




                                                                                                                      23
Disability Benefits
If you become ill or injured, TRS can help.                         If you are a part-time or substitute teacher, you are
Nonoccupational and occupational disability benefits                eligible for disability benefits if you have three years
are available to you when you are unable to work.                   of service credit and have worked as a teacher for at
                                                                    least 340 hours in either the school year in which the
If you are receiving nonoccupational or occupational
                                                                    disability occurs or the preceding school year. Your dis-
disability benefits, or a disability retirement annuity,
                                                                    ability must have occurred within 90 days of your last
you may be gainfully employed within certain limits
                                                                    day of teaching.
that are detailed in this chapter.
                                                                    Service credit under the State Employees’ Retirement
You do not need to resign to become eligible for nonoc-
                                                                    System of Il linois (SERS), the State Universities
cupational or occupational disability benefits. Members
                                                                    Retirement System (SURS), and the Illinois Municipal
also accrue service credit while receiving both types
                                                                    Retirement Fund (IMRF) count toward your eligibility
of benefits.
                                                                    for a disability benefit and the total period during which
Any disability benefit or disability retirement annuity             the disability benefit is payable unless such service is
payments may be electronically deposited into your                  concurrent with your TRS service.
bank account through direct deposit. For more infor-
mation, see “Direct Deposit” under “Applying for and                Application procedures
Receiving Retirement Benefits” on page 18.                          Approximately one month before your accumulated
                                                                    sick leave expires, you must notify us in writing and
Nonoccupational disability                                          request a disability application packet. Your request
benefits                                                            should include your name, Social Security number, date,
Eligibility                                                         and type of disability. Forms must be completed by
If you are a full-time teacher, you must have three                 you, your employer, and two state-licensed physicians
years of service credit, have become disabled while                 (one physician in cases of pregnancy). The physicians’
teaching (or within 90 days of teaching), and use all               reports must be based on examinations that occurred
accumulated sick time to qualify for nonoccupational                within 90 days of your last day of teaching.
disability benefits.
Effective date
               Member files written notice of disability within 90 days from the later of commence-
               ment of disability or the date eligibility for salary ceases*.




                             Yes                                                            No
 TRS receives all documentation within six months                  TRS receives all documentation within six months
 from the later of the commencement of disability                  of written notice of disability.
 or eligibility for salary ceases.



           Yes                             No                                Yes                              No
 Benefits become pay-            Benefits become pay-             Benefits become pay-              Benefits become pay-
 able from the later of          able on the date TRS             able on the date TRS              able on the date TRS
 the 31st calendar day           receives all documen-            receives written notice           receives all documen-
 the member is absent            tation required by law.          of disability.                    tation required by law.
 from teaching due to
 the disability for which
                               * Eligibility for salary ceases is equal to the later of the date last worked plus 31 days or when sick
 benefits are sought
                               leave days are completely exhausted.
 or exhaustion of the
                               ** If sick leave is not paid by the employer, the date sick leave would have been exhausted had the
 member’s sick leave**.
                               member been paid by the employer.
24
When an individual is employed under an agreement for           following a Cesarean delivery. However, if complica-
fewer than 12 full months, neither the 31-day require-          tions arise during pregnancy or delivery, the disability
ment nor the sick leave utilization requirement is              period may be extended. With the submission of appro-
satisfied during periods not covered by the agreement.          priate medical documentation, the member may remain
                                                                on disability until she no longer qualifies for benefits.
Benefit amount
Your nonoccupational dis-                                                                    If a disability benefit is dis-
ability benefit is equal to                                                                  continued because you
40 percent of the greater                                                                    resume teaching in a non
of the contract rate in                                                                      TRS-covered position or
effect at the time the ben-                                                                  are otherwise gainfully
efit becomes payable or                                                                      employed and you are
the contract rate on the                                                                     disabled again due to the
date your disability began.                                                                  same cause within 90 days,
If you are a noncontractual                                                                  the benefit will resume at
teacher, we use an annu-                                                                     the previous rate once we
alized salary rate based                                                                     receive written notification
on your actual earnings to                                                                   and verification of your
determine your benefit.                                                                      disability and you are no
                                                                longer receiving salary.
On Jan. 1 following the fourth anniversary of the
effective date of your disability benefit, your monthly         You may be eligible to transfer from a nonoccupational
benefit will increase 7 percent. Thereafter, your benefit       disability benefit to a disability retirement annuity or
increases by 3 percent of the current benefit each Jan. 1.      an age retirement annuity. The effective date of the
                                                                retirement annuity is the first day of the month after
Employment limitations                                          we receive your disability retirement annuity applica-
As a recipient of a disability benefit, you are prohib-         tion form or age retirement annuity application form.
ited from full-time teaching and gainful employment.            Please refer to the eligibility requirements on page 27
“Gainful employment” is defined as earning more than            and “Retirement Benefits” on page 13.
$10,000 per year or the proportional ratio if less than a
calendar year while in receipt of a disability or occupa-       Occupational disability benefits
tional disability benefit.                                      Eligibility
If you exceeded the earnings limitation of $10,000 per          No minimum service requirement must be met before
calendar year or the proportional ratio if less than a cal-     you are eligible to receive occupational disability ben-
endar year, your disability benefits will be terminated.        efits. However, you must be working in a TRS-covered
You will be required to repay TRS any disability benefits       position and have been disabled due to a duty-related
you receive after the termination date if your benefit          injury or illness as determined by the Illinois Industrial
is terminated.                                                  Commission or your employer’s workers’ compensa-
Duration of benefits                                            tion insurance carrier to be eligible for this benefit. If
Nonoccupational benefits cease if you:                          you are a part-time or substitute teacher, you are also
                                                                eligible for occupational disability benefits.
•	 resume	 teaching	 (‘Law	 allows	 limited,	 part-time	
    teaching;” see page 28);                                    Application procedures
•	 engage	 in	 or	 are	 able	 to	 engage	 in	 gainful	          To receive a benefit, notify us in writing that you are
    employment;                                                 seeking an occupational disability benefit and request
                                                                a disability application packet. We will require verifica-
•	 are	no	longer	disabled;
                                                                tion that the disability was duty-related from you, your
•	 have	 received	 benefits	 for	 a	 period	 equal	 to	 one-
                                                                employer, and two state-licensed physicians. Each phy-
    fourth of your service credit;
                                                                sician’s report must be based on an examination that
•	 request	termination	of	the	benefit;	or	                      occurred within 90 days of your last day of teaching.
•	 become	 eligible	 and	 apply	 for	 a	 disability	 or	 age	   In addition, we must receive a copy of the adjudication
    retirement annuity.                                         by the Illinois Industrial Commission or the award by
Temporary disability benefits due to pregnancy expire           the insurance carrier with which your employer has a
six weeks following a normal delivery, or eight weeks           workers’ compensation policy with a finding that the
                                                                disability was employment-related.                    25
Effective date

               Member files written notice of disability within 90 days from the later of commence-
               ment of disability or the last day for which salary was paid.



                           Yes                                                         No
  TRS receives all documentation within six months            TRS receives all documentation within six months
  from the later of the commencement of disability            of written notice of disability.
  or the last day for which salary is paid.


             Yes                           No                            Yes                         No
  Benefits become pay-           Benefits become pay-         Benefits become pay-         Benefits become pay-
  able on the date after         able on the date TRS         able on the date TRS         able on the date TRS
  the last day for which         receives all documen-        receives written notice      receives all documen-
  salary is paid.                tation required by law.      of disability.               tation required by law.


Benefit amount
Your occupational disability benefit is equal to 60 per-      Duration of benefits
cent of the greater of the contract rate in effect at         Occupational disability benefits cease when you:
the time the benefit becomes payable or the contract          •	 resume	 teaching	 (“Law	 allows	 limited,	 part-time	
rate on the date your disability began. This benefit is            teaching;” see page 28);
reduced by any amounts you receive under workers’             •	 engage	 in	 or	 are	 able	 to	 engage	 in	 gain-
compensation. Once workers’ compensation benefits                  ful employment;
expire, we will pay the full 60 percent if you remain
                                                              •	 are	no	longer	disabled;
eligible for the benefit.
                                                              •	 request	termination	of	the	benefit;	or	
On Jan. 1 following the fourth anniversary of the
                                                              •	 become	 eligible	 and	 apply	 for	 an	 age	 retire-
effective date of your disability benefit, your monthly
                                                                   ment annuity.
benefit will increase by 7 percent. Thereafter, your ben-
                                                              If the disability benefit is discontinued because you
efit increases by 3 percent of the current benefit each
                                                              resume teaching in a non TRS-covered position or are
Jan. 1.
                                                              otherwise gainfully employed and you are disabled
Employment limitations                                        again due to the same cause within 90 days, the benefit
As a recipient of a disability benefit, you are prohib-       will resume at the previous rate once we receive writ-
ited from full-time teaching and gainful employment.          ten notification and verification of your disability and
“Gainful employment” is defined as earning more than          you are no longer receiving salary.
$10,000 per year or the proportional ratio if less than a     You may be eligible to transfer from an occupational dis-
calendar year while in receipt of a disability or occupa-     ability benefit to an age retirement annuity if you meet
tional disability benefit.                                    age and service credit requirements. The effective date
If you exceeded the earnings limitation of $10,000 per        of the retirement annuity is the first day of the month
calendar year or the proportional ratio if less than a cal-   after we receive your age retirement annuity applica-
endar year, your disability benefits will be terminated.      tion form. (See “Retirement Benefits,” page 13, for the
You will be required to repay TRS any disability benefits     eligibility requirements for an age retirement annuity.)
you receive after the termination date if your benefit        You may choose to take a nonoccupational benefit
is terminated.                                                even if you have an employment-related disability. This
                                                              election cannot be changed at a later date.




26
Disability retirement annuity                                •	 the	 amount	computed	by	 the	 retirement	 formula	
                                                                 with	no	reduction	if	you	are	age	55	or	older	with	at	
Eligibility
                                                                 least 20 years of service credit.
If you remain disabled after the nonoccupational dis-
ability benefit eligibility period has expired, you are      Your initial benefit will be increased by the amount of
eligible for either a disability retirement annuity or       any annual increases that you have been granted while
an age retirement annuity (if you meet the age and           you were receiving a nonoccupational disability benefit.
service credit requirements).                                               Employment limitations
You may switch to either a dis-                                             While you are receiving a disability retire-
ability retirement annuity or an                                            ment annuity, you may not be employed
age retirement annuity (if you                                              by any other public or private school, col-
meet the requirements) at any                                               lege, or university in a teaching position,
time while you are receiving a                                              including subbing and tutoring.
nonoccupational disability ben-                                            However, gainful employment in any
efit. (See “Retirement Benefits,”                                          area other than teaching is permitted
page 13, for information about                                             or in any area of TRS-covered or SURS-
an age retirement annuity.) No                                             covered employment as indicated under
service credit is earned while                                             “Law	 allows	 limited,	 part-time	 teach-
you are receiving a disability                                             ing.” The combined income from the
retirement annuity.                                                        disability retirement annuity and the
Application                                                                earnings from the nonteaching occupa-
procedures                                                                 tion cannot exceed the salary rate upon
When the eligibility period for                                            which the annuity was based. If you have
nonoccupational disability ben-                                            earnings above this limit, your disabil-
efits is due to expire, we will                                            ity retirement annuity may be reduced
notify you. Before the benefit                                             or suspended. If your earnings from a
expires, you may either send us                                            nonteaching occupation exceed the sal-
a letter or call us to request a transfer to a disability    ary rate upon which your disability retirement annuity
retirement annuity or an age retirement annuity.             benefit was based, your benefit will be terminated
                                                             including Teachers’ Retirement Insurance Program
Effective date
                                                             (TRIP) insurance.
The disability retirement annuity is effective:
                                                             For those returning to employment in any area other
•	 the	day	following	the	last	day	for	which	disability	
                                                             than teaching, the salary rate for purposes of this cal-
   benefits are payable or
                                                             culation	will	increase	15	percent	after	you	have	received	
•	 the	 first	 of	 the	 month	 after	 we	 receive	 your	     a disability retirement annuity for 10 years.
   completed disability retirement annuity
   application form.                                         Duration of benefits
                                                             The disability retirement annuity will continue until:
Benefit amount
Your disability retirement annuity is the greater of:        •	 your	disability	ceases	or
•	 35	percent	of	the	greater	of	your	last	annual	con-        •	 you	 resume	 teaching	 (“Law	 allows	 limited,	 part-
   tract salary or your annual contract rate on the              time teaching;” page 28) or
   date your disability began (we use an annualized                                               p
                                                             •	 you	 are	 eligible	 and	 ap	 ly	 for	 an	 age	
   salary rate based on actual earnings for noncon-              retirement annuity.
   tractual teachers);                                       If you resume teaching in a non TRS-covered position
•	 the	 amount	computed	 by	the	 retirement	 formula	        after receiving a disability retirement annuity and are
   reduced	 by	 0.50	 percent	 for	 each	 month	 you	 are	   disabled again for the same cause within 90 days, the
   under age 60 with less than 20 years of service           benefit will be reinstated at the previous rate after we
   credit; or                                                receive your completed disability benefit application
•	 the	 amount	computed	 by	the	 retirement	 formula	        form and required medical documentation. In this case,
   reduced	 by	 the	 0.50	 percent	 for	 each	 month	 you	   benefits will begin the day following the last day for
   are	under	age	55	with	20	years	of	service	credit;	or      which you are paid by your employer.

                                                                                                                   27
Annual increases                                                  You may not teach for any employers not covered
Your disability retirement annuity will increase annually         by TRS or SURS. This includes tutoring and substi-
beginning the Jan. 1 following the fourth anniversary of          tute work.
the date you were granted a disability benefit.                   If you plan to return to teaching on a limited basis,
If the first annual increase follows the fourth anniver-          you	 must	 contact	 us	 to	 request	 a	 Limited	 Return	 to	
sary of the date you were granted a disability benefit,           Work Program Certification form. This form must be
the increase will be 7 percent of the current annuity.            completed and returned to us prior to your return to
After the initial increase, your annuity will increase by         teaching. We will acknowledge receipt of the form and
3 percent of the current benefit each Jan. 1.                     confirm your eligibility.
                                                                  This law applies to all members receiving nonoccu-
Law allows limited, part-time                                     pational disability benefits, occupational disability
teaching                                                          benefits, and disability retirement annuities.
The law allows individuals who have received TRS
disability benefits for one year or more to return to             Medical examinations
teaching if their medical conditions improve, allow-              To substantiate your continued eligibility for any type
ing part-time work. On a limited basis, you may tutor,            of disability benefits, we may require additional medical
substitute, or part-time teach for a TRS-covered or               examinations and request medical and other records.
SURS-covered employer without loss of your disabil-               The frequency of re-examination is governed by indi-
ity benefit as long as your combined earnings from                vidual circumstances; however, you must have medical
your teaching and your disability benefit do not exceed           examinations at least once a year while you are receiv-
100 percent of the salary rate upon which the benefit             ing nonoccupational or occupational disability benefits.
was based.                                                        If you are receiving a disability retirement annuity, peri-
                                                                  odic medical examinations may be required. If you do
Part-time is defined as “employed for fewer than four
                                                                  not submit to medical examinations or provide the
clock hours per day or fewer than five days per week.”
                                                                  necessary information, your benefits will be suspended.
When returning to teaching with a TRS-covered or
SURS-covered employer, the salary rate for pur-
poses	 of	 this	 calculation	 will	 not	 increase	 15	 percent	
after you have received a disability retirement annu-
ity for 10 years. If you exceed the salary rate upon
which your benefit was based, your benefit will cease
including Teachers’ Retirement Insurance Program
(TRIP) insurance.




28
Death Benefits
You can take comfort in knowing that your benefits will help   For an adopted child to be an eligible dependent ben-
take care of your family after your death.                     eficiary, the adoption proceedings must have been
We provide two types of death benefits: a beneficiary          finalized prior to the member’s death and while the
refund, which consists of any remaining accumulated            child was a minor. For purposes of determining depen-
contributions, and survivor benefits.                          dency, “disability” is defined as an inability to engage
                                                               in any substantial gainful activity by reason of any medi-
Each benefit may be paid to separate beneficiaries or
                                                               cally determinable physical or mental impairment that
both benefits may be paid to the same beneficiaries.
                                                               can	be	expected	to	last	for	a	continuous	period	of	12	
The type of benefit for which beneficiaries are eligible       months or more.
is determined by their status at the time of your death.
                                                               Children, unless named as a beneficiary on the MIBD
Effective June 1, 2011, Illinois law entitles a party to
                                                               form, are only eligible for benefits if they are the chil-
a civil union to the same legal obligations, responsi-
                                                               dren of the surviving parent who will receive monthly
bilities, protections, and benefits as are afforded or
                                                               benefits. In the case of a divorce, if the member names
recognized by the law of Illinois to spouses. A depen-
                                                               the new spouse or civil union partner and had children
dent beneficiary may choose between a lump-sum
                                                               with the prior spouse or civil union partner, those chil-
payment or monthly benefits. A nondependent benefi-
                                                               dren are not eligible for monthly survivor benefits.
ciary receives a lump-sum payment. If we do not have
a Member Information and Beneficiary Designation               A parent may be an eligible dependent beneficiary only
(MIBD) form on file for you, death benefits are distrib-       if there is no other dependent beneficiary.
uted as follows:                                                                            A nondependent ben-
•	 a beneficiary refund is                                                                  eficiary is any other
   paid to your surviving                                                                   designated      person
   spouse or civil union                                                                    or entity that is not a
   partner, or if there                                                                     dependent beneficiary.
   is not one, to your                                                                    You may designate a pri-
   estate and                                                                             mary beneficiary on the
•	 survivor benefits are                                                                  MIBD form to receive
   paid to an eligible                                                                    survivor benefits. If this
   dependent beneficiary,                                                                 individual is a dependent
   or if there is not one, to                                                             beneficiary, he or she may
   your estate.                                                                           select either monthly ben-
                                                                                          efits or a lump-sum benefit.
Types of                                                                                  Only a lump-sum benefit is
beneficiaries                                                  payable if you designate both a dependent and a non-
A dependent beneficiary is                                     dependent primary beneficiary.
•	 a	 spouse	 to	 whom	 you	 have	 been	 married	 for	 at	     Alternate beneficiaries named on your MIBD form will
   least one year, except where a child is born of             receive benefits only if all designated primary benefi-
   the marriage in which case the one-year period is           ciaries are deceased. If your beneficiary designation
   not applicable;                                             includes more than one person, the benefits are divided
•	 a civil union partner to whom you have been part-           equally among the living beneficiaries of that class (pri-
   nered for at least one year;                                mary or alternate).
                                             d
•	 an	unmarried	natural	or	adopted	child	un	 er	age	18,	       The automatic designation option on the MIBD form is
   or	between	ages	18	and	22	if	he	or	she	is	a	full-time	      an alternative to naming specific individuals. Automatic
   student in an accredited educational institution, or        designation names all eligible dependents as beneficia-
   an unmarried child of any age who is dependent by           ries. If no dependent beneficiaries survive, the benefits
   reason of a physical or mental disability; or               are paid to your estate.
•	 a	dependent	parent	who	received	at	least	half	of	
                  p
   his	or	her	sup	 ort	from	you	for	the	12-month	period	
   immediately prior to your death.
                                                                                                                     29
Designating a Trust                                          Nondependent beneficiaries are not eligible for
A trust can receive monthly survivor benefits on behalf      monthly survivor benefits.
of a minor child or a disabled dependent beneficiary.        Dependent beneficiaries are eligible for monthly survi-
A trust cannot receive monthly survivor benefits on          vor benefits if:
behalf of an adult dependent who is not disabled.
                                                             •	 you	had	1.5	years	of	TRS	service	credit;	and
To pay a monthly survivor benefit to a trust, the follow-    	•	 you	had	at	least	60	days	of	creditable	service	during	
ing language is required in the trust.                           the	18	months	preceding	your	death.
     “The trust is authorized to receive TRS monthly         If you are an annuitant and had at least one year of
     survivor benefits on behalf of (insert beneficiary      service	 after	 July	 24,	 1959,	 your	 beneficiaries	 are	 eli-
     name). The trustee will use the monthly TRS             gible for survivor benefits, provided that you had not
     survivor benefit solely for the care and benefit        taken a refund of those contributions prior to your
     of (beneficiary name) and will not divert (ben-         death. If you are an annuitant, did not have service
     eficiary name)’s benefits to some other purpose         after	July	24,	1959,	and	die	after	January	1,	1982,	your	
     inconsistent with Article 1 or Article 16 of the        surviving dependent beneficiaries are eligible for sur-
     Illinois Pension Code.”                                 vivor	benefits	to	a	maximum	of	$200	per	month	plus	a	
Beneficiary Refund                                           $1,000	one-time,	lump-sum	payment.
Accumulated contributions are refunded as a lump-                        When Survivor Benefits
sum payment.                                                              Begin for Dependents
If you are an active or an inactive member, your ben-                                    Member status at time of death
eficiaries will receive a return of all of your retirement                                    Active or
contributions, plus interest, and the portion paid            Dependents                      Inactive         Annuitant*
towards the annual increase in annuity. Refer to your         Spouse or civil union
                                                                                                      First of the
TRS Benefits Report for the contributions and interest        partner with minor
                                                                                                      month fol-
that are refundable after your death.                         children or                 On the date
                                                                                                      lowing the
If you are an annuitant, your beneficiaries will receive      Spouse or civil union       of member’s
                                                                                                      date      of
excess accumulated contributions minus the amount             partner	age	50	or	          death
                                                                                                      member’s
you received as a retirement annuity.                         Dependent parent
                                                                                                      death
                                                              age	55
Survivor benefits                                             Spouse or civil union
                                                                                          When spouse or civil union
Two types of survivor benefits exist: lump-sum                partner	not	age	50	
                                                                                          partner	turns	age	50	if	mar-
and monthly.                                                  at time of member’s
                                                                                          ried at least one year
Eligibility                                                   death
Nondependent and dependent beneficiaries are eligible         Dependent parent
for a lump-sum survivor benefit if your death occurs:         not	age	55	at	time	of	      When	parent	turns	age	55
                                                              member’s death
•	 while	you	are	an	annuitant;
                                                              * Your retirement annuity is payable through the month of
•	 while	you	are	employed	as	a	teacher;                       your death.
•	 within	the	first	12	months	following	your	last	day	of	
   earnings as a teacher;
                                                             Duration of monthly benefits
                                                             Monthly survivor benefits will continue for the life
•	 while	you	are	on	an	approved	leave	of	absence;
                                                             of your spouse or civil union partner. A minor child
•	 while	 you	 are	 receiving	 a	 nonoccupational	 or	 an	   will	receive	benefits	until	he	or	she	reaches	age	18	(or	
   occupational disability benefit; or                       age	22	 if	 he	 or	 she	 is	 a	 full-time	 student),	 marries,	 or	
•	 while	you	are	an	inactive	member	and	you	have	20	         dies, whichever is earlier. An adult child who is depen-
   or more years of service. For the purpose of deter-       dent by reason of a physical or mental disability may
   mining eligibility for a benefit, service credit under    receive monthly survivor benefits for his or her life-
   the State Employees’ Retirement System of Illinois,       time if:
   the State Universities Retirement System, and the
                                                             •	 he	or	she	does	not	marry;
   Public School Teachers’ Pension and Retirement
                                                             •	 he	 or	 she	 is	 not	 capable	 of	 substantial	 gainful	
   Fund of Chicago is considered.
                                                                employment; and

30
•	 we	periodically	receive	a	physician	certification	veri-     An annuitant’s retirement benefits are payable through
    fying his or her continuing disability.                    the end of the month in which his or her death occurs.
Survivor benefits are payable through the end of the           The final payment to a deceased annuitant would be
month in which the beneficiary’s death occurs. No fur-         issued the first of the month following the date of
ther benefits are payable.                                     death. Any payments issued to the annuitant beyond
                                                               the final payment must be returned to TRS.
Teachers’ Retirement Insurance
Program (TRIP) coverage                                        Determining survivor benefits
Dependent insurance coverage is terminated at mid-             TRS disbursements are not subject to Illinois individual
night on the day of the member’s death. Dependents             income taxes. However, they are subject to federal
who are eligible for a monthly survivor benefit may            taxes (with the exception of occupational disability
re-enroll in TRIP and coverage will be reinstated retro-       benefits).
actively to the date of cancellation.
                                                                                             Types of Beneficiaries
Annual increases in benefits                                        Time of Death          Dependents           Nondependents
Recipients of monthly survivor benefits are eligible for
                                                                   While employed     Lump sum up to last       Lump sum up
a 3 percent increase of the current benefit distributed            or employed        salary or $1,000	and	     to last salary
as follows:                                                        within 12 months   a monthly benefit1
•	 For	 beneficiaries	 of	 annuitants,	 benefit	 increases	        of last day of     generally not less
   are	applied	on	Jan.	1	after	the	survivor	benefit	has	           credit             than	$4002	or	$600	
                                                                                      with minor children3
   been granted.
                                                                   Annuitant or       Lump	 sum	 of	 $3,000	 Lump sum of
•	 For	 all	 other	 beneficiaries,	 benefit	 increases	 are	       inactive mem-      or	1/6	of	last	salary4 or $3000	 or	 1/6	 of	
   applied	on	Jan.	1	following	the	first	anniversary	of	           ber with 20 or     $1,000	and	a	monthly	 last salary4
   receiving the survivor benefit.                                 more years of      benefit	 generally	 1/2	
                                                                   service 5          of member’s earned
Death notification                                                                    benefit at time of
Upon death, a family member should provide the                                        death
deceased member’s name, Social Security number, and            1
                                                                      Dependent beneficiaries are eligible for monthly survivor
date of death. We will forward a letter and the appro-
                                                                      benefits if you had 1.5 years of TRS service credit and at
priate forms to the member’s designated beneficiaries
                                                                      least 60 days of creditable service during the 18 months
for completion. The application requires that benefi-
                                                                      preceding death.
ciaries provide a certified copy of the member’s death
certificate as well as copies of a marriage or civil union
                                                               2
                                                                      Certain circumstances might provide a monthly annuity
certificate and a birth certificate for a surviving spouse            less than $400 per month for an active member.
or civil union partner.                                        3
                                                                      TRS will pay 50 percent of the member’s earned retirement
                                                                      annuity at death if it is greater than the above amounts.
Dependents may also receive a Survivor Benefits
Election form to select either a monthly benefit or a
                                                               4
                                                                      Certain lump sums may be greater if the annuitant or inac-
lump-sum payment. This form will be accompanied by                    tive member has been in retirement or out of service for
information regarding direct deposit of payments, fed-                less than five years.
eral income tax withholding, the Teachers’ Retirement          5
                                                                      Beneficiaries of inactive members with less than 20 years
Insurance Program (TRIP), and the taxability of survivor              of service are not eligible for survivor benefits.
benefits. Once we receive the completed application
and all required documents, benefits will be processed
and then issued by the Office of the Comptroller.




                                                                                                                              31
Refund of Retirement Contributions
If you cease teaching, you may receive a refund of your retire-   and survivor benefits forfeited by accepting the refund.
ment contributions.                                               If you choose not to receive a refund, your contribu-
A refund of contributions should be carefully consid-             tions will remain with us and will eventually provide a
ered because it terminates your benefits and will be              retirement benefit. If you have fewer than five years
costly to repay if you return to teaching service.                of service credit, you may receive a lump-sum retire-
If you terminate teaching with a TRS employer, you                ment benefit at age 65 (see “Single-sum Retirement
may apply for a refund of your retirement contribu-               Benefit,” page 14). If you have five or more years of
tions. This refund consists of the portions used to pay           service, you may receive a retirement annuity. (See
the retirement annuity and the annual increases in                “Retirement Benefits,” page 13.)
the annuity.                                                      Transfer of credit
If you receive a refund of retirement contributions, you          We cannot transfer creditable service directly to a
are not entitled to any other refunds. The contribu-              retirement system in another state. However, many
tions for the Teachers’ Retirement Insurance Program              retirement systems permit the purchase of out-of-sys-
and the 1 percent survivor benefit contribution are               tem service. We will provide the other system with
not refundable.                                                   verification of Illinois teaching service if you accept
                                                                  a refund and send us a written request. You may
Refund of retirement                                              then make payment for service directly to the other
contributions                                                     system if this is required or request a rollover of refund-
You may request a refund of your TRS contributions.               able contributions.
The amount refunded is at the rate of 7 percent of                Application procedure
creditable earnings prior to July 1, 1998, and 8 percent          To obtain a refund, you must file a Refund Application
of creditable earnings thereafter without interest.               with us. The application can be returned any time after
You may also be refunded 0.4 percent of creditable                you have formally resigned from your TRS-covered
earnings without interest beginning                                                  position. We will process your refund
July 1, 2005 if you do not retire under                                              and forward it to the Office of the
the Early Retirement Option.                                                         Comptroller for payment when four
Eligibility                                                                          months have passed since your final
If you have terminated your teach-                                                   day of teaching.
ing duties with a TRS employer,
you may apply for a refund of the
                                                                                     Refunds eligible for
retirement contributions. If you are                                                 rollovers
on sick leave, a sabbatical leave, or                                                Payments of refunds for retirement
an unpaid leave of absence, or have                                                  or survivor benefit contributions
accepted TRS employment service                                                      may be either made directly to you
with a new employer, you are not                                                     or directly rolled over to an eligible
considered to have terminated ser-                                                   retirement plan that you specify. In
vice and are not eligible for a refund.                                              a direct rollover, the eligible rollover
                                                                                     distribution (the taxable portion)
No hardship loans                                                                    is paid directly from us to an indi-
The law prohibits borrowing from
                                                                                     vidual retirement account (IRA) or
your retirement contributions. A
                                                                                     another qualified retirement plan
loan from TRS is prohibited even if
                                                                                     that accepts rollovers. By using a
you are in a state of financial distress.
                                                                  direct rollover, you avoid a 20 percent federal with-
Effect of receiving a refund                                      holding deduction on direct payments. Also, if you
When you accept a refund, you forfeit all rights to TRS           choose a direct rollover, the distribution is not taxed
benefits. If you are considering a refund, you may want           until it is withdrawn from the IRA or other qualified
to contact us for an estimate of potential retirement             retirement plan.


32
Taxability of refunds                                         Repayment of refunds
Refunds are not subject to the Illinois individual income     Refunds of retirement contributions may be repaid
tax. However, any portion of the refund attributable          with interest from the date of the refund to the date
to contributions made by either you or your employer          of the repayment. However, service credit previously
that were excluded from taxable income in the years           forfeited may not be used as a basis for payment of
the contributions were made is subject to federal             benefits prior to completion of one year of TRS-covered
income tax.                                                   service following the refund.
For tax planning purposes, if your correct and com-           If you have resumed service in a reciprocal system,
plete application is received by the close of business        the Illinois Retirement Systems Reciprocal Act requires
on Dec. 5, it will be processed in the current tax year. If   you to complete two years of creditable service before
your application is received after Dec. 5, it will be pro-    service credit can be reinstated through repayment of
cessed in the next tax year.                                  a refund.
We will notify you of the taxable portion of your refund.
                                                              Assignment of contributions
We also will report the refund payment to the Internal
Revenue Service on IRS Form 1099-R and will send you
                                                              and loans
a copy of this form in January in the year after the          By law, you are protected from creditors placing a lien
refund is taken.                                              on, garnishing, or confiscating contributions you have
                                                              made to TRS. This provision does not extend to federal
Special tax consequences and penalties may apply to
                                                              tax levies and state of Illinois involuntary withholding.
refund payments. You should consult a professional
                                                              You may not assign your TRS contributions to a creditor
tax consultant for details of the taxability of refunds.
                                                              or borrow against your account funds.
Additional information is also contained in Internal
Revenue Service Publication 575, Pension and Annuity
Income. To obtain this publication, call (800) 829-3676
or visit http://www.irs.ustreas.gov.




                                                                                                                   33
Our Web Site: http://trs.illinois.gov
We are meeting your needs on the Web 24 hours a day,            that is annually mailed to active and inactive members.
seven days a week.                                              New members and retired members (unless they kept
                                                                past reports) will have to call TRS for their member IDs.
Your information source
Publications, videos, and more are at your fingertips.          Personalized benefit estimate
                                                                The calculator will take information from your TRS
Read or print out bro-
                                                                                           record and use it to help
chures, newsletters, and
                                                                                           you estimate your retire-
booklets for your refer-
                                                                                           ment income. You will
ence under the publications
                                                                                           need to gather information
section of the Member
                                                                                           before you can complete
Services area. We have
                                                                                           the estimate online. Please
videos on retirement, dis-
                                                                                           have your retirement date,
ability, and death and
                                                                                           current salary, projected
survivor benefits so you
                                                                                           salary, and eligible sick
can view the information
                                                                                           leave days ready.
you need at your conve-
nience. You’ll also find                                                                   Web estimates are in
driving directions, contact                                                                exactly the same format
information, answers to                                                                    as estimates received from
frequently asked questions,                                                                TRS Counseling Services. If
some forms, and a glossary of commonly used TRS                 you have questions about your Web estimate, we can
terms in the Member Services area. A search engine in           view your estimate to help you.
the top right corner of every page will quickly help you        Address and phone updates
find what you need.                                             The contact information we have on file for you will
TRS also has areas with current information about leg-          be shown on the first screen when you log on and
islative action, investments, the TRS Board of Trustees,        are accepted into Member Account Access. You may
an online press room, doing business with TRS, general          update your address and phone numbers with us
information, and employer services.                             online. You no longer need to pick up the phone or
                                                                have to fill out a form to let us know if your contact
Secure Member Account Access                                    information changes.
In the secure area of Member Account Access, you may:
                                                                Email Notification
•	  receive	a	personalized	benefit	estimate,	
                                                                TRS	 is	 “Going	 Green.”	 Provide	 us	 with	 your	 email	
•	  update	your	address	and	telephone	information,              address to electronically receive the Topics & Report
•	  help	us	“Go	Green”	by	providing	your	email	address,         newsletter (a printed copy is not mailed). Emails are
•	  view	your	TRS	Benefits	Report	information	online,		         also sent to keep you informed of the progress of a
•	  and	 complete	 your	 Personal	 Retirement	                  retirement benefit claim or for the purchase of optional
    Interview (PRI).                                            service. We also occasionally send email notifications to
Additional	 personalized	 sign-in	 screens	 are	 a	 security	   members for new Web features, legislative changes, or
feature to make it difficult for anyone other than mem-         TRS press releases.
bers to log on to the Member Account Access area.               To help us go green, we need your email address
Immediate access to your user ID and password is avail-         and some personal details to match your email
able with the proper information. For your protection,          address to your TRS record. Send an email to
an email is automatically sent to you if any changes are        members@trs.illinois.gov with	 “Going	 Green”	 in	 the	
made to your online account.                                    subject	 line.	 Next,	 type	 your	 full	 name,	 zip	 code,	 the	
If you forget your user ID or password, you will need to        last four digits of your Social Security number, and your
know your member ID to gain access to your account.             email address. We will match your email address to
This number can be located on the TRS Benefits Report           your record upon receipt. You may also submit your


34
email address in the secure Member Account Access        Personalized Retirement Interview
area or by calling us.                                   Your	 online	 Personalized	 Retirement	 Interview	 (PRI)	
Your email address will always remain confidential.      will help you make choices while providing us with the
Additionally, we will never send confidential informa-   information	 we	 need	 to	 personalize	 your	 retirement	
tion online. You can discontinue receiving the emails    application forms and ready them for your signature.
at any time.                                             Please use this online service only when you are within
                                                         six months of retirement and know when your last day
Benefits Report                                          of work will be or your last paid day. Plan on the pro-
The TRS Benefits Report you receive every December
                                                         cess taking 30 minutes.
has the same information available online and is regu-
larly updated to show recent payments and outstanding
balances. (For more information, see page 38.)




                                                                                                             35
Forms Order Line
The toll free Forms Order Line is available 24 hours a day,   also be asked to give the three-digit number of the
every day of the week.                                        form or publication you are requesting. The following
Dial (800) 877-7896, press “2”                                page allows you to quickly select the order numbers of
when prompted.                                                the documents you need. If you don’t know the order
The Forms Order Line listing on the following page is         number, it’s not a problem. The attendant will direct
updated annually every January. An updated Forms              you to the document you want.
Order Line listing is enclosed with your December TRS
Benefits Report mailing every year.
                                                              Can I order multiple documents
                                                              during one call?
What is the TRS Forms Order                                   Yes. You may order as many documents as you need dur-
Line (FOL)?                                                   ing your call, but not multiples of the same document.
The TRS Forms Order Line allows you to use your tele-
phone to request copies of forms or publications.
                                                              When can I expect to receive
                                                              the requested documents?
What can I expect when I call                                 Please allow 10 business days to receive your docu-
the FOL?                                                      ments. The documents will be mailed to the address
When you call the Forms Order Line, you will be greeted       we have on file for you. If we do not have your current
by an automated attendant who will guide you through          address, please call us at (800) 877-7896.
the call. The attendant will prompt you to press the
numbers that denote your selection.
                                                              Are the forms and publications
                                                              contained on the FOL also
At any time during the call, you may press “zero” to go
back to the main menu. If you experience problems, you
                                                              available on your Web site?
will be instructed to call our Member Services Division       Most of the documents* contained on the FOL can be
during normal business hours. When your requests are          downloaded from our Web site, http://trs.illinois.gov.
complete, the attendant will inform you that your order       Some are in HyperText Markup Language (HTML)
is being processed and will thank you for calling.            while others are in Adobe Acrobat Portable Document
                                                              Format (PDF).
What information do I need before                             * Please call Member Services to start an application
I call the FOL?                                               for a refund or rollover or to obtain forms for optional
After you are greeted by the attendant, you will be           service credit.
asked for your Social Security number (SSN). You will




36
                   Order No. Form or Publication
                   100       24-Hour Forms Order Line brochure

General Benefit    200       Benefits at a Glance brochure
                   201       Member Guide
                   202       Member Information and Beneficiary Designation (MIBD) form
                   203       Death Benefits Available from TRS brochure
                   204       Occupational and Nonoccupational Disability Benefits
                             Available from TRS brochure
                   205       Disability Retirement Annuity Benefits Available from
                             TRS brochure
                   206       Qualified Illinois Domestic Relations Order (QILDRO) booklet
                             for divorce
                   207       Sick Leave Credit from Former Employers brochure
                   208       Accessing your TRS Account Online


Optional Service   300       Service Credit for Pregnancy or Adoption Leaves bulletin
                   301       Receiving Credit for Optional Service brochure
                   302       Optional Contribution Payments brochure


Retirement         400       How to Calculate Your Retirement Annuity brochure
                   401       Social Security and Medicare Information for TRS Members
                             brochure
                   402       Early Retirement Option brochure
                   403       Retirement Systems Reciprocal Act brochure
                   404       Post-Retirement Employment Limitations bulletin
                   405       What is a Reversionary Annuity? brochure
                   406       Protecting Your Benefits brochure

Health Insurance 500         TRIP Highlights booklet

Annuity Payroll    600       W-4P Withholding Certificate for Pension or Annuity
                             Payments form
                   601       State Income Tax Withholding Request form
                   602       Direct deposit form and brochure
                   603       Change of Address form


Information        300       Service Credit for Pregnancy or Adoption Leaves bulletin
Bulletins          700       Substitute and Part-Time Teaching Issues
                   701       Expanded Tax-Free Rollovers to TRS
                   702       Tax Treatment of Interest Payments to TRS
                   703       Eligibility for a Retirement Annuity and Post-retirement
                             Employment
                   704       Refund Information for Members with More than 34 Years of
                             Upgraded 2.2 Service Credit
                   705       Returning to Teaching following a Temporary Disability
                   706       Disability Retirement Annuity Earnings Limitations
                                                                                        37
Important Reminders
It is important that you contact us when your mailing      TRS Benefits Report
address changes and that you periodically review your
beneficiary designation.                                   We annually prepare a TRS Benefits Report for each
                                                           active member. The statement covers the previous
Mailing address                                            fiscal year, July 1 through June 30, and is mailed to the
You should keep a current home address on file with        member in December. The Member Account Access
us so that we can mail correspondence and other            section on our Web site will also allow you to view your
information to the correct location. If your address       TRS Benefits Report. If applicable, previous reports
changes, please call us at (800) 877-7896 or change it     since 2004 may also be accessed. The statement pro-
online in the secure Member Account Access area of         vides information about service credit, contributions,
our Web site.                                              and beneficiaries. It also lists your earnings history
                                                           and outlines pending and most types of terminated
Member Information and                                     service credit.
Beneficiary Designation                                    When you receive your statement, review it carefully
The Member Information and Beneficiary Designation         and contact us immediately if you suspect that any
(MIBD) form allows you to designate beneficiaries to       information has been omitted or incorrectly stated.
whom death benefits will be distributed. You initially     Additionally, you may want to update your beneficiary
completed this form when you became a TRS member.          designation by filing a new Member Information and
For information about the types of beneficiaries you       Beneficiary Designation form.
may designate and the benefits they may receive, see
“Death Benefits” on page 29.                               Correcting errors
                                                           If you have a change to your name, address, birth date,
Periodically review your beneficiary designation           or beneficiaries, please call us at (800) 877-7896.
and be sure to change it whenever necessary. Some
events that may require a beneficiary update include:      Your employer provides TRS with the service credit and
marriage, divorce, births, deaths, or dependents           earnings information that appears on your statement.
reaching adulthood.                                        Please discuss any errors with your employer before
                                                                                       contacting us.
To update your beneficiary
designation, you must com-                                                              Employers must send us
plete a new MIBD form.                                                                  corrections for report-
These forms are available                                                               ing errors that occurred
from your employer, through                                                             in the last four years. If
our Forms Order Line, and on                                                            additional contributions
our Web site.                                                                           are due, your employer
                                                                                        must pay the amount
You can verify your benefi-                                                             due; however, your
ciary designation by calling                                                            employer may require
us at (800) 877-7896. If you                                                            reimbursement from
are an active member, your                                                              you. Similarly, if contribu-
TRS Benefits Report contains                               tions have been overpaid, we will issue a refund to your
your designated beneficiaries. Due to confidentiality      employer who is responsible for providing refunded
rules, we can provide this information only to members.    amounts to you.
Taxability of TRS Benefits
TRS disbursements are not subject to Illinois individual
income taxes. However, they are subject to federal
taxes (with the exception of occupational disabil-
ity benefits).




38
How to Reach Us
Have a question? We have answers.


Member Services                                      EEO/ADA Issues
Phone number                                         (217) 753-0319
For Springfield and Lisle: (800) 877-7896            For the hearing impaired: (866) 326-0087
Phone hours                                          director_of_human_resources@trs.illinois.gov
7:30 a.m. to 4:30 p.m., Monday, Wednesday, Friday;
7:30 a.m. to 5:00 p.m., Tuesday and Thursday         Administration
(central standard time)                              (217) 753-0311
Telecommunications Device for the Deaf               administration@trs.illinois.gov
(TDD for the hearing impaired):
(866) 326-0087
                                                     Employer Services
                                                     (888) 877-0890
Email
                                                     employers@trs.illinois.gov
members@trs.illinois.gov
Fax                                                  Investments
Springfield: (217) 787-2269                          (217) 753-0370
Lisle: (630) 505-9607                                investments@trs.illinois.gov
Forms Order Line                                     Press Contact
(800) 877-7896, press “2” when prompted              (217) 753-0968
Teachers’ Retirement Insurance Program               public_information_officer@trs.illinois.gov
(TRIP)
Illinois Department of Central Management Services
(CMS): (217) 782-2548 or (800) 442-1300
TRS: (800) 877-7896




                                                                                                    39
Springfield Office Map
TRS Street Address:
2815 West Washington
Springfield, Illinois
62702-3397

For driving with a GPS
Latitude: 39.801371
Longitude: -89.706917

From the North - (Mason City):                               From the West -
Take Route 29 south past the airport to Route 4              (Quincy/Jacksonville)
(Veterans Parkway). Turn right on Veterans Parkway to        Take I-72 east to Route 4 (Springfield/Chatham exit).
Washington Street. Turn right on Washington Street.          Turn left. Continue north on Veterans Parkway past
The TRS building is on the right.                            White Oaks Mall to Washington Street. Turn left on
                                                             Washington Street. The TRS building is on the right.
From the South - (Alton/
Belleville):                                                 From the North West -
Take I-55 north to Interstate 72 west. Take I-72 to Exit     (Galesburg)
93 (Route 4 Springfield/Chatham). Turn right off of          Take I-74 east toward Peoria. Take exit 101 to merge
the ramp. Continue north on Veterans Parkway past            onto I-155 south toward Lincoln. Merge onto I-55 south.
White Oaks Mall to Washington Street. Turn left on           Take the Sherman exit (105) to business 55 south.
Washington Street. The TRS building is on the right.         Business 55 becomes IL-4 south (Veterans Parkway).
                                                             Continue south to Washington Street. Turn right on
From the North/North East -                                  Washington Street. The TRS building is on the right.
(Peoria/Bloomington/Normal):
Take I-55 south to Business 55 (Sherman exit). Take
Business 55 to Veterans Parkway. Continue southwest
on Veterans Parkway to Washington Street. Turn right
on Washington Street. The TRS building is on the right.

From the East -
(Urbana/Champaign):
Take I-72 west to I-55 south. Take I-55 to I-72 west. Take
I-72 to Exit 93 ( Route 4 Springfield/Chatham). Turn right
off of the ramp. Continue north on Veterans Parkway
past White Oaks Mall to Washington Street. Turn left
on Washington Street. The TRS building is on the right.




40
Springfield




                                                                                              J. David Jones Pkwy.
                                                                                                                                To Mason City
                                                                                                                                                                                 i
Teachers' Retirement System                                                                                                                                                                            To Chicago
                                                                                                                                                                                 55
2815 West Washington
                                                                                                                                                             .
                                                                                                                     29               ans                Pkwy
                                                                                                                                Veter




                                                                                                                                                           d.
                                         Abraham                                                                                          Taintor                                                          To Clinton




                                                                                                                                                         ia R
                                         Lincoln                                                                          4                                                                           i
                                                                                                                                                                                                      55




                                                                                                                                                         or
                                         Capital Airport                                                                                                                                                     54




                                                                                                                                                      Pe




                                                                                                                                                                                      Dirksen Pkwy.
 To Petersburg                                                                                                        Browning
                                                                                                                                                 Sangamon
                                            97
                                                                  Bruns Ln.
     Bradforton




                                                                                                                       H                       North Grand                                                 To Decatur
                                                                                                                      Madison                        H
                                                                                  Jefferson                                                          Clearlake Ave. 97                                     36 i
                                                                                                                                                                                                              72
                  Washington                                                                                          Walnut
                                                                                              MacArthur Blvd.
                                                                              Chatham Rd.




Old Jacksonville Rd.                                          roe                                                                               South Grand
                                                           on                                                                                                                                         To Taylorville



                                                                                                                                                              Taylor Ave.
                                                                                                                                5th St.
                                                          M                                                                                6th St.
                     Koke Mill Rd.

                                        Veterans Pkwy.




  Iles Ave.                                                                                                                                                                           i
                                                                                                                                                                                      55
                                                                                                                                                                                                            97
                                                           White                                                                                                                      36
                                                           Oaks

                                                                                                                                     i Adlai Stevenson
                                                           Mall
                                                                                                                                     55
                                                                                                                      2nd St.




Wabash Ave.                                               Wabash Ave.
                                                                                                                                                                 W. Lake Shore


                                                                                                                                                                                                        Lake
       i
    36 72
                                                                                                                                                                                                      Springfield
To Jacksonville                                                                              i
                                                                                             72

                                                      4
 Spaulding                                                                                                                                                    UIS
                                     Veterans Pkwy.




                                                                                                                                                               .
Orchard Rd.                                                                                                                                                  Rd LLCC
                                                                                                                                                           o
                                                                                                                                               nt
                                                                                                                                            ro
                                                              Woodside Rd.                                                               To
                                                                                                                                   Old Toronto Rd.

                                                                                                                                          i
                                                                                                                                                                                                              [
                                                                                                                                          55

             To Chatham                                                                     To St. Louis




                                                                                                                                                                                                                        41
Lisle Office Map
TRS Street Address:
4200 Commerce Court
Suite 100
Lisle, Illinois 60532-3611

For driving with a GPS
Latitude: 41.808123
Longitude: -88.107542

From Chicago:                                                   From Aurora:
Take the Eisenhower Expressway west to the East-                Take the East-West Tollway (I-88) east to the Naperville
West Tollway (I-88). Go approximately 10 miles to the           Road exit. This exit brings you to Freedom Drive.
Route 53 exit. Go left (south) on Route 53 about ¼ mile         Turn left and continue approximately 200 yards to
to Warrenville Road. Turn right and go approximately            Warrenville Road and turn right. Go east about 3/4 mile
1 1/2 miles to the stop light at the entrance to the Hilton     to the light at the entrance to the Hilton Hotel (Navistar
Hotel (Navistar Drive). Turn left and at the first street,      Drive) and turn right. At the first street, turn left.
turn left again. The first building east of the Hilton is the   The TRS building is just east of the Hilton Hotel. The
TRS building. The TRS logo is on the top of the building.       TRS logo is on the top of the building. Turn right into
Turn right into the parking lot. Suite 100 is located on        the parking lot. Suite 100 is located on the first floor,
the first floor, northeast corner.                              northeast corner.

From the Southern Suburbs:                                      From the Northwest:
Take the Tri-State (I-294) North to the East-West Tollway       Take the Northwest Tollway East to I-290. Go south and
(I-88). Go approximately 10 miles to the Route 53 exit.         exit at I-355. Continue south to the East-West Tollway
Go left (south) on Route 53 about ¼ mile to Warrenville         (I-88) exit to Aurora. Take the Route 53 exit. Go left
Road. Turn right and go approximately 1 1/2 miles to the        (south) on Route 53 about ¼ mile to Warrenville Road.
stop light at the entrance to the Hilton Hotel (Navistar        Turn right and go approximately 1 1/2 miles to the stop
Drive). Turn left and at the first street, turn left again.     light at the entrance to the Hilton Hotel (Navistar
The first building east of the Hilton is the TRS building.      Drive). Turn left and at the first street, turn left again.
The TRS logo is on the top of the building. Turn right          The first building east of the Hilton is the TRS building.
into the parking lot. Suite 100 is located on the first         The TRS logo is on the top of the building. Turn right
floor, northeast corner.                                        into the parking lot. Suite 100 is located on the first
                                                                floor, northeast corner.
From the Northern Suburbs:
Take the Tri-State (I-294) South to the East-West Tollway       From the Southwest:
(I-88). Go approximately 10 miles to the Route 53 exit.         Take I-55 north towards Chicago. Exit at I-355 North. Take
Go left (south) on Route 53 about ¼ mile to Warrenville         the East-West Tollway (I-88) exit to Aurora. Take the
Road. Turn right and go approximately 1 1/2 miles to the        Route 53 exit. Go left (south) on Route 53 about ¼ mile
stop light at the entrance to the Hilton Hotel (Navistar        to Warrenville Road. Turn right and go approximately
Drive). Turn left and at the first street, turn left again.     1 1/2 miles to the stop light at the entrance to the Hilton
The first building east of the Hilton is the TRS building.      Hotel (Navistar Drive). Turn left and at the first street,
The TRS logo is on the top of the building. Turn right          turn left again. The first building east of the Hilton is the
into the parking lot. Suite 100 is located on the first         TRS building. The TRS logo is on the top of the building.
floor, northeast corner.                                        Turn right into the parking lot. Suite 100 is located on
                                                                the first floor, northeast corner.




42
    Lisle
    Teachers' Retirement System
    4200 Commerce Ct.
                     To Wheaton
                                                                                                                                      To Glen Ellyn       To Lombard
                                                                                                                                                                 
         To North                                              Butterfield R                                                            I-355
                                                                                                       d.                                                  I-290
         Aurora

                                   Rd.
                                                                                                                                                                    




                                                                                                                                  .
                                v ille




                                                                                                                              Blvd
                                                                                        Leask Ln.
                                                                            Cabot Dr
                                  er

                                                                                                                                           53




                                                                                                                          Park
                                                                                                                                                               To I-290
                              Nap



                                                                                                                                                               and I-294
         Lucen
              t/Nav

                                                               Forbes Dr
To Warrenville
                                istar                                                                                                 East-West Tollway
                                                                                                                                         i88
                                                                                                                                                                
                                         Navistar




       
                                                                                                                                                     i
                                                                                                  Warrenville Rd.
                 r.





               mD




                                                        Commerce Corporate West Dr.                                                                355

                                                                           i88
                                                                 Ct.                                                                                       To I-294
            edo




To DeKalb
                                                                                                                         53
                                                                                                                                                               
                                                                                        Yackley Ave.

                                                                                                                                                u
          Fre

                Naper Blvd.




                                                                                                                                                34           Chicago
                                                                                                            Ogden Av
                                                                                                                    e.                                                

                                          34
                                                                                                                                                     To Downers Grove


                                                                                                                                                           
    To Naperville

                                                                                                                                                        To I-294
                                                          e.
                                                    le Av
                                            Map                                         Hobson Rd.
         To Aurora
            

                                                                                                                                                                      [
            To I-34                                                   75th St.                                                                         To Rte. 83

               To I-55                                                                                                              To I-55
                                                                                                                                                          




                                                                                                                                                                           43
Index
                                                    Numbers                                                                                                                                                       G
100 days/500 hours limitation  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .20                                         Government Pension Offset Provision  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 23
2 .2 upgrades  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 14
                                                                                                                                                                                                                  H
                                                                    A                                                                        Hardship loans  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 32
Account Access  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .34                    Health insurance  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 19, 31
Administration  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 2              Homebound teaching  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10
Administrative review .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 2
Annuitants, employment limitations for  .  .  .  .  .  .  .  .  .  .  .  .  . 19                                                                                                                                    I
Annuitants, exceeding employment limitations  .  .  .  .  .  .  .20                                                                          Illinois Municipal Retirement Fund .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 3
Annuity, annual increases  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 19                                   Installment payments  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 12
Annuity calculation  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 13                                                                                             L
Annuity payments  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 18                       Layoff  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10
Average salary  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 13                Leave of absence  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10
                                                                    B                                                                        Lump-sum payments  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 12
Beneficiary  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .29                                                                                M
Benefits Report  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .35, 38                        Medicare  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 22
Borrowing  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 32         Member Account Access  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .34
                                                                    C                                                                        Member Information and Beneficiary Designation
Civil union partner  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .29                     (MIBD)  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .38
Confidentiality  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 2             Membership  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 3
Contributions  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .6             Military service .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10
Contributions, refund of accumulated                                                                                                                                                                              N
(beneficiary refund)  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .30                          Noncovered positions  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 3
Covered positions  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 3                    Noncreditable earnings  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 5
Creditable earnings  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .4                      Nondependent beneficiary  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .29
                                                                    D                                                                        Nonoccupational disability benefits  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .24
Days paid  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 7                                                                         O
Death benefits  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .29                 Occupational disability benefits  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 25
Dependent beneficiary  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .29                               Online remittance  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 35
Direct deposit  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 18             Optional service credit  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .9
Disability benefits  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .24                     Out-of-system service  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .9
Disability retirement annuity  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .26
Discounted retirement annuity  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 14                                                                                                                    P
                                                                                                                                             Part-time teaching  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10, 27
                                                                    E                                                                        Payment Options  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 12
Email notification .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .34                    Personalized Retirement Interview (PRI)  .  .  .  .  .  .  .  .  .  .  .  .  . 35
Early retirement option  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 15                               Positions, covered  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 3
Earnings, creditable  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .4                        Positions, noncovered  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 3
Earnings, noncreditable  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 5                             Post-retirement matters  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 19
Employment, exceeding limitations  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .20                                                       Pregnancy, absence due to  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10
Employment limitations for annuitants  .  .  .  .  .  .  .  .  .  .  .  .  .  . 19
Expense reimbursements and allowances  .  .  .  .  .  .  .  .  .  .  .  .  . 5                                                                                                                                    Q
                                                                                                                                             Qualified pension plan  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 2
                                                                    F
Felony conviction  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 3
Flexible benefit plan  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .4
Forms Order Line  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .36
Fringe benefits  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 5
Funding  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 2




44
                                                                    R                                                                                                                                            T
Re-entry into active membership  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .20                                                Teachers’ Retirement Insurance Program (TRIP)  .  .  . 19, 31
Reciprocal service  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 17                     Tier I members  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 1
Refund of accumulated contributions                                                                                                          Tier II members  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 1
(beneficiary refund)  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .30                          Trust, designation  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .30
Refund of retirement contributions  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 32
Refunds  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 32                                                                         V
Refunds, repayment of .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 33                               Vacation  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .8
Refunds, taxability of  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 33                                                                                             W
Refunds eligible for rollovers  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 32                                       Web site  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .34
Refunds or reduction of the 2 .2 upgrade cost  .  .  .  .  .  .  .  .  . 15                                                                  Windfall Elimination Provision  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 22
Refund of survivor benefit contributions  .  .  .  .  .  .  .  .  .  .  .  .  . 16
Retirement, effective date of  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 18                                                                                                            Y
Retirement annuity  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 13                        Years of creditable service  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 13
Retirement benefits  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 13
Retirement benefits, applying for and receiving  .  .  .  .  .  . 18
Reversionary annuity  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 14
Rollovers  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 12
                                                                    S
Sabbatical leave  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 7
Service canceled by a refund .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 11
Service credit, optional  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .9
Service credit, regular .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 7
Sick leave  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 7
Single-sum retirement benefit  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 14
Social Security  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 22
Spousal offset  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 23
Substitute teaching  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10
Summer earnings  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .4
Survivor benefits  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .30




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                         rity for Ill
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 Teachers’ Retirement System of the State of Illinois
2815 W. Washington | P.O. Box 19253 | Springfield, IL 62794-9253
         members@trs.illinois.gov | http://trs.illinois.gov
   (800) 877-7896 | for the hearing impaired: (866) 326-0087



    Printed by the authority of the State of Illinois.
                  14M - pub2 - 8/11

				
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