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.
To be enrolled in the TRDP, an individual must be one of the following: 1  A member of the Uniformed Services who is entitled to retirement pay, including those age 65 or over. 2  A member of the National Guard/Reserves who, regardless of age, has transferred to Retired Reserve status. This includes those in the âgray areaâ who are under age 60 and entitled to retired pay, but might not yet be receiving it.