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.
Enter the total number of retirement points you expect to achieve by retirement (AGE 60). The calculation requires a minimum of 1000 points and a maximum of 9000 points. If you enter more than 9000 points, it will be reset to the maximum of 9000 points.