Overview. 1  This IRM provides definitions for terms and acronyms used in Revenue Financial Management (RFM). 2  The Office of Revenue Reporting, Revenue Financial Management (IFM), under the Chief Financial Officer (CFO), develops and maintains this IRM.
To calculate your TRS retirement benefits, use the following formula: 1  Multiply your years of service credit by 2.3 percent. 2  Determine the average of your five highest years of salary.*. 3  Multiply your average salary (from step 2) by the number from step  1.
If you are a member of Teachers' Retirement (TR) and query by fiscal year, you will be able to see the benefits that add to your pay to compute your TR salary for retirement purposes. Even better, if your query encompasses multiple years, you can also see your TR salary average for those years.