Teachers' Retirement System
How do I retire?
As you get closer to retirement
Consider the following:
- As you approach retirement you may want to contact ICMA-RC to ensure your investment choices are appropriate for the length of time you have before retirement.
- If you are within a year of your retirement date, request an estimate of your benefit from DRS. DRS will send a retirement application with your estimate.
- Pension and Annuity Income, also available on the IRS Web site.
- Contact the Social Security Administration for an estimate of your potential benefits.
Applying for retirement
You can complete the entire retirement process through the mail. Contact DRS to request an estimate and a retirement application packet. Your retirement packet will be mailed to you with the completed estimate.
Payment of your defined contributions
To initiate payments from your defined contribution account, obtain the Plan 3 Request for Payment of Defined Contribution Funds packet from the record-keeper. The record-keeper also offers individualized consultations on payment plans.
