Type of Benefit - UTA

TRS is a defined benefit retirement plan. Retirement benefits are based on legislatively determined formulas based on age, years of service and average of years of highest salary . Vesting period is 5 years of service. (2) Optional Retirement Program. Five Vendors to choose from: Fidelity, VOYA, Lincoln, TIAA and AIG Retirement Employee – 6.65 % ................
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