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.
FERS MRA (Minimum Retirement Age) The FERS MRA (Minimum Retirement Age) is the earliest age in which you can retire without an age reduction penalty if you have at least 30 years of service. The MRA is determined by your year of birth as follows: Related Articles & Resources.