Giving your retirement a boost
Consider a service credit purchase so you can retire earlier or receive a higher benefit amount. Depending on your situation, it may cost less to buy service credit now rather than later. You can download and mail the applicable service purchase form.
Changing jobs
If you get a new job at an employer that has TRS coverage, you will continue to build for your future retirement.
If you leave for a new job that is not covered under TRS, you can still collect a benefit in retirement if you are vested and leave your account with TRS, or you can choose to take a refund of your contributions and applicable interest.
How TRS works with Social Security
Most TRS members contribute to Social Security, which means most will earn a Social Security benefit for the time employed at a TRS-covered job. Those members receive benefit payments from both TRS and Social Security in retirement. These are separate benefits and neither affects the other. To determine if your employer participates in the Social Security system, you can ask your employer directly, review your pay stubs for Social Security tax deductions, or check your earnings record on the Social Security Administration's website.
Additional benefits from TRS
As an active TRS member, you receive valuable protection at no extra cost:
Survivor Benefits: All active and retired TRS members automatically receive survivor benefits as part of their membership. These benefits help protect your loved ones financially.
Disability Retirement: If you develop a medical disability during your employment in Oklahoma public education that prevents you from continuing to work, and meet other eligibility requirements, you may qualify for disability retirement benefits.
