When am I vested in TRS's retirement plan?

Vested: A legal right securely held by a person or group.

A member with at least 10 years of service credit has a vested right to a benefit at age 60. If you have 10 or more years of service credit and leave a TRS covered position, you will be entitled to a monthly retirement benefit when you are age 60, if you have not withdrawn your TRS contributions.

If you are vested and are no longer contributing to TRS, it is your responsibility to apply for benefits at the time you become eligible. Applications for benefits can be made during the six-month period prior to attaining age 60, but no later than the month the benefits are to become effective. If you fail to apply for benefits in the required time frame, by law, TRS does not pay any benefits between the time of your first eligibility and the time of your application.

Any vested member of TRS who becomes an employee of an employer normally covered by the Employees' Retirement System (ERS) may elect to remain a member of TRS. Also, any vested member of ERS who becomes an employee of an employer normally covered by TRS may elect to remain a member of ERS. In each case a written election must be made to the respective retirement system within 60 days of such employment and is irrevocable once the election is made. Members and their employers will be required to make the appropriate contributions to the respective retirement system.