TRS Retirement Calculator
Estimate your Teacher Retirement System (TRS) pension based on your years of service, final average salary, and your state's benefit multiplier. Used in Texas, Georgia, Illinois, and other states.
Teaching Career Details
Retirement Age
TRS Pension Score
Your TRS pension is a solid foundation. Consider supplementing with a 403(b) or IRA for additional retirement security.
Monthly Benefit
$2,647
Salary Replacement
49%
Monthly Pension
$2,647
$31,769/year
Salary Replacement
49%
of $65,000
Lifetime Value
$1,069,691
over 26 years
Vesting Status
Vested
25 of 5 years
Early Retirement Penalty: 15% reduction
Retiring at 62 is 3 years before your TRS normal retirement age of 65. Your benefit is reduced by 5% per year = 15% total. Waiting until 65 would give you the full unreduced benefit.
TRS Pension Income Over Time
Annual pension with cost-of-living adjustments through retirement
Personalized Insights
Actionable recommendations based on your numbers
Fully vested with 25 years of service
You have exceeded the 5-year vesting requirement. Your TRS pension benefit is secure regardless of when you leave teaching.
49% salary replacement
Your TRS pension covers 49% of your final salary. Consider supplementing with a 403(b) or IRA to reach the recommended 70-80% replacement target.
15% early retirement reduction applied
Retiring at 62 is 3 years before the normal retirement age of 65. Your benefit is reduced by 5% per year. Waiting until 65 would give you the full unreduced benefit.
2% COLA protects against inflation
Your TRS pension increases 2% annually. By year 20 of retirement, your benefit grows from $31,769/year to $47,207/year.
Generous 2.3% benefit multiplier
A 2.3% multiplier is above average for TRS plans. With 25 years of service, this produces a 57.5% benefit factor before any early retirement adjustments.
Lifetime pension value: $1,069,691
Over 26 years of retirement, your TRS pension will pay out approximately $1,069,691 in total benefits (including COLA adjustments). This guaranteed income stream is one of the most valuable benefits of public teaching.
Related Retirement Calculators
Explore the next planning questions readers usually compare with this calculator.