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 Annuity Supplement. You may be eligible for the supplement if you retire: ï® At your Minimum Retirement Age (MRA) with 30 years of. service. MRA is from age 55 to 57 based on your year of. birth. ï® At age 60 with 20 years of service. ï® If you retire under a Voluntary Early Retirement (VER) before. reaching your MRA (age 55 to 57), this supplement begins. upon reaching your MRA. ï® If you are age 62 or older at retirement, the FERS. supplement does not apply to you.