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.
Â» The TRS ApplicAtion for retirement must be received at least. 30 days and not more than 90 days prior to the effective date. of retirement. Â» The effective date of retirement must be the first day of a. month. Â» It is the responsibility of the member to ensure all forms are.