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.
Accordingly, TRS uses the total TDA balance. (both Post-1986 and Pre-1987 funds) to calculate the. yearly distribution amount once you reach age 75. Note: If you take any TDA withdrawal prior to age 75. that exceeds your RMD amount in a given year, your. Pre-1987 balance would generally be reduced.