Overview. 1  This IRM provides definitions for terms and acronyms used in Revenue Financial Management (RFM). 2  The Office of Revenue Reporting, Revenue Financial Management (IFM), under the Chief Financial Officer (CFO), develops and maintains this IRM.
To calculate your TRS retirement benefits, use the following formula: 1  Multiply your years of service credit by 2.3 percent. 2  Determine the average of your five highest years of salary.*. 3  Multiply your average salary (from step 2) by the number from step  1.
If the member has over 30 years of service, DFAS can compute their pay ignoring the EH, and then exceed the 75 percent. Determining Your Retirement Payment Rate. If you entered the service: 1  Prior to September 1980 you are eligible for the Final Pay retirement system. member with 30 or more years of service must be retired based on service, not disability, in order to have the retired pay computed using a percentage greater then 75 percent. Note: This applies only to those who retired after January 1, 2007 with over 30 years of service.