How can I find out about retiring?
Retiring members should contact TRS at least 90 days before the expected retirement date. A Retirement Allowance Estimate showing projected monthly benefits for available retirement plans will be prepared and mailed to you. You then select a retirement option and return the estimate to request a retirement contract. That final retirement contract must be submitted to TRS no less than 30 nor more than 90 days before the first of the month that retirement is to be effective. If a final contract is received less than 30 days prior to the projected retirement date, the retirement date will be delayed by one month.

You can request a preliminary estimate by filling out our online Benefit Request Form or do your own rough estimate with our Benefit Calculator

If I retire this year, what do I have to do? If you are planning to retire, you should contact TRS for an application (TRS Form 40, Retirement Allowance Estimate) and follow the accompanying instructions to complete it and file your Final Contract for Retirement. Each member is responsible for filling out the proper application and completing all necessary paperwork in a timely manner. Generally, you should start the application approximately 90 days before the effective retirement date. Retirement always begins the first of the month. Most members retire effective June 1, at the end of the school year. These retirees file a TRS Form 40, Retirement Allowance Estimate, requesting a Final Contract for Retirement under one of five retirement plan options. The Final Contract for Retirement must be filed by May 1 to retire June 1 and receive a retirement check July 1. Members can and do retire on the first of other months during the year depending of eligibility and desire. You can request a retirement estimate online or contact TRS by phone, mail or email.

When can a TRS member retire?
A member of TRS is eligible to apply for retirement benefits:

• At age 55 with at least 5 years of Oklahoma service, or
• If you joined TRS prior to July 1, 1992, when age and total service equal 80 or more, or
• If you joined TRS after June 30, 1992, when age and total service equal 90 or more.

How do I go about making an appointment to discuss my retirement benefits?
You may contact TRS to talk to a TRS staff member or schedule an appointment. Many questions CAN be answered by telephone if you are unable to make an appointment. You may also request an estimate of your benefits by phone. TRS responds to inquiries in a timely manner, providing estimates of retirement benefits under all options for the date(s) requested.