Retiree Annual Statement

Your Retiree Annual Statement

UPDATE: TRS recently mailed new retiree annual statements. For many retirees who retired before 2009, the life insurance beneficiary and possibly the retired account beneficiary lines on the statement are blank. This is because those designations weren’t always recorded electronically. If you made a designation before then, the designation remains valid even though it is not shown. No action is required.

New in 2021 is the retiree annual statement. Like the annual statements that active members have received for decades, the new Statement of Retiree Benefit Account is a summary for retirees that will be sent annually.

Review this statement, and keep it with your other TRS documents.

The retiree account statement summarizes your information on file with TRS. It shows your annuity benefits; tax withholding; direct deposit information; retiree health insurance; and the beneficiaries and legal contact information for your account. Also, the summary indicates how to update contact information and life insurance beneficiaries.

The information on the statement does not change any benefits or benefit structure – it’s just an informational statement. It is an important document, but it is not a tax record. For taxes, use the IRS Form 1099-R, which was mailed in late January.

If you have questions, contact TRS at 800-618-1687.