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Presented by TMRS Travel Team TMRS – The Whole Picture

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TMRS – The Whole Picture. Presented by TMRS Travel Team. The Whole Picture. Review of TMRS Sessions TMRS Member Timelines Proportionate Retirement Lesser Known Topics Q&A, Discussion. Member Timeline. Timeline of TMRS Career. 20-25 years. 5-10 Years. 7 Lifetime Benefit Payment Options. - PowerPoint PPT Presentation

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Page 1: Presented by TMRS Travel Team

Presented byTMRS Travel Team

TMRS – The Whole Picture

Page 2: Presented by TMRS Travel Team

The Whole Picture Review of TMRS Sessions

TMRS Member Timelines

Proportionate Retirement

Lesser Known Topics

Q&A, Discussion

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Page 3: Presented by TMRS Travel Team

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Member Timeline

Page 4: Presented by TMRS Travel Team

Timeline of TMRS Career

Member Vested Retire

5-10 Years 20-25 years

7 Lifetime Benefit Payment Options

Page 5: Presented by TMRS Travel Team

Employment Terminated

Member Vested Retire

Refund – 60 month window

Refund or Retire (Age 60)

Page 6: Presented by TMRS Travel Team

Death of Member

Member Vested Retire

Refund to Beneficiary

Refund or Retire Account

*SDB (if applicable) is paid to beneficiary at death of member

Page 7: Presented by TMRS Travel Team

Divorce of Member

Member Vested Retire

QDRO

Page 8: Presented by TMRS Travel Team

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Proportionate Retirement

Page 9: Presented by TMRS Travel Team

Proportionate Retirement ProgramTMRS

ERS

TCDRS

TRS

JRS

COAERS

Retirement Eligible

*To qualify for Proportionate Retirement, employee must keep funds in each system.

Page 10: Presented by TMRS Travel Team

Lesser Known TMRS topics… City Portal

Workers Compensation

Occupational Disability

Services

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What Is the City Portal?

Online TMRS access for cities

Access TMRS data for your city

Access TMRS data for your city’s employees

Perform web-based administrative functions pertaining to TMRS

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What Can I Do on the Portal?

Make inquiries on behalf of members Account balances Refund status Payroll information Generate retirement estimates

Run city reports (e.g., vesting, retirement eligibility

Submit monthly payroll files

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Workers Compensation Subject to TMRS deduction Employee may pay deposit rate (5%, 6%,

or 7%) of workers compensation earnings City will pay corresponding match

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Page 14: Presented by TMRS Travel Team

Occupational Disability Return to work

Employee may return to work at same city without annuity being affected

Must be in a different position

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TMRS Services City visits

Pre-Retirement Seminars

City Correspondent Training

Phone 800.924.8677

MyTMRS and website

Publications, e-bulletins

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Questions&

Answers