Tx Employment Termination Withdrawal
Description
How to fill out Texas Employment Or Job Termination Package?
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FAQ
As a TRS member, if you permanently terminate employment with your TRS-covered employer(s) and have neither applied for nor received a promise of employment with a TRS-covered employer, you may terminate membership in TRS and withdraw all of the accumulated contributions (plus interest) in your member account.
Complete and submit an Application for Refund form (TRS 6) to TRS. Your member account will be refunded after TRS receives all completed forms and your employer's monthly report. Your TRS membership will then be terminated and a refund issued to you.
For transferring money in and out of your Empower account, you can either: 1) Link your external institution to the Empower app, then initiate an in-app. The transfer from Empower to your linked account will take 1-2 business days if you initiate it in-app: Link your account on your Profile tab.
You can apply to withdraw your funds at any time after you leave state employment, but ERS will not process your withdrawal payment request until the following three requirements are met: Your last employing agency must report your last date of service to ERS. Your agency is responsible for notifying ERS of this date.
For a teacher to be rehired, they must have been retired for at least one year and meet all TRS and NISD qualifications.