How do I find my TRS member ID?

Your Member ID is on your TRS Membership Card, which TRS sends to every member, via either U.S. Mail or email. You also can call TRS at 877-927-5877 (877-9-ASK-TRS) for your Member ID.

What is Aetna TRS Active Care?

TRS-ActiveCare health care benefits are designed to provide coverage for the care you need, encourage you to maintain your good health and help you manage your health care costs.

How many years until you are vested in TRS?

The Rule of 80 is when you will be first eligible to get your normal aged retirement benefit from TRS. Therefore, if you retire before a certain age, you will get a reduced benefit depending upon when you first enrolled in TRS. -Any combination of age and service totaling 80 with at least five years of service credit.

What type of retirement plan is a TRS?

The Teacher Retirement System (TRS) is a network of organizations at the state level that primarily administers pensions and other retirement plans for educators.

How do I find my TRS ID number in Texas?

Please note that your name and unique Participant Identification Number (PID) are printed on the front of the card. The back of the card includes important information about our operating hours and toll-free numbers. For questions related to your new TRS Membership Card, please call 1-844-203-5280.

Is TRS-care a high deductible plan?

TRS-Care Standard is a high-deductible health plan offered to retirees and their family members under 65 and not eligible for Medicare.

How much do retired teachers pay for health insurance in Texas?

Pre-65 retirees will pay A LOT more for TRS-Care. TRS-Care 1, 2 and 3 will go away. There will be only one plan: a high deductible health care plan. Premiums would be an estimated $430 per month, or $5,160 per year!

Is TRS retirement good?

From the benefit side, only about one-quarter of the educators who join TRS will secure an adequate retirement benefit. Long-serving veterans who put in 20 years or more can earn enough retirement income to live off, but TRS leaves all other members with inadequate savings.

Can I collect Texas Teacher retirement and Social Security?

These dual entitlement rules prevent double dipping, or receiving both a Social Security pension benefit and a spousal or widow/er benefit. However, some government employees, such as Texas educators, work in jobs that pay into government pension programs (such as TRS) rather than Social Security.

Is TRS the same as pension?

The TRS Plan is a defined benefit pension plan. Your retirement benefit is based upon on a predetermined formula, using your length of service and average monthly salary based on your highest 24 months of earnings.

Are TRS retirees getting a 13th check?

Members who retired before the end of 2020 or beneficiaries of a member who died before the end of 2020 are eligible. The 13th check comes as a result of legislation passed this September.

How much is TRS Medicare?

No cost for most people. If you are not eligible to receive “premium-free Part A,” TRS doesn’t require you to sign up for it. In 2021, most people pay $148.60 per month.

Do teachers get health insurance when they retire in Texas?

TRS-Care is the health insurance program more than 260,000 retired Texas educators rely upon. The program is provided by the Teacher Retirement System of Texas (TRS), the state agency responsible for running teachers’ retirement pensions.

Can a retired Texas teacher collect Social Security?

It depends. There are two critical laws that Texas teachers should know about that can impact whether you will receive Social Security. The Windfall Elimination Provision or WEP and the Government Pension Offset or GPO. Both of these laws can reduce or eliminate a Social Security benefit.

Can Texas teachers get TRS and Social Security?

Texas educators eligible for both a spousal or widow/er Social Security benefit and their own TRS pension benefit are subject to the GPO. The GPO reduces the amount such educators are eligible to receive as a spousal or widow/er Social Security benefit by two-thirds of the amount of their TRS pension benefit.

Will Texas retired teachers get a 13th check?

Eligible retirees and beneficiaries will receive the check in January 2022. This timing will allow annuitants to make any necessary adjustments to their tax or financial planning for the 2022 tax year. The last capped 13th check the legislature paid for and authorized TRS to give was in 2019.

Does a TRS pension reduce Social Security?

If the individual receives a pension from employment not covered by Social Security, such as TRS, their spousal and survivor’s benefit will be reduced by as much as 2/3 of their TRS pension. Check with your Human Resources department if your employment is covered by just TRS or both TRS and Social Security.

What does it mean to be vested after 5 years?

This typically means that if you leave the job in five years or less, you lose all pension benefits. But if you leave after five years, you get 100% of your promised benefits. Graded vesting. With this kind of vesting, at a minimum you’re entitled to 20% of your benefit if you leave after three years.

Will TRS retirees get a 13th check in 2021?

This week the Teacher Retirement System of Texas (TRS) announced that retired teachers will be receiving their one-time supplemental benefit check (commonly referred to as a “13th check”) next Friday, January 14.

Is Aetna still the TRS-ActiveCare health plan administrator?

Beginning Sept. 1, 2020, Aetna is no longer the TRS-ActiveCare health plan administrator. For information on the TRS-ActiveCare plan effective Sept. 1, 2020, please go to TRS .

Where can I Find my Aetna TRS-ActiveCare claims information?

If you were enrolled in the Aetna administered TRS-ActiveCare health plan prior to Sept. 1, 2020, you can access your online account, including claims information, at Aetna Navigator, through Aug. 31, 2022.

Is TRS prepared for Medicare?

If you’ll be eligible for Medicare soon, TRS is here to prepare you for this milestone. Access our resources to get ready to choose the best Medicare health care plan for you and your family. Learn more about your TRS pension benefits by watching our new Member Education Videos! These videos are designed to answer members’ most common questions.

How do I contact an Aetna retiree advocate?

Just call 1-800-367-3636 (TTY: 711) to speak with an Aetna Retiree Advocate . We’re available Monday through Friday 8am-6pm, CT. To find the information that pertains to you, please choose from the following options: If you are looking for TRS-Care Medicare Advantage plan information, click here.