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TIER 1
MEMBER GUIDE
Sept. 2018TEACHERS
RETIREMENT
SYSTEM THE STATE OF ILLINOIS MISSION:TRS will continually deliver the
retirement security promised to our
members by maintaining the highest
and most
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Who needs tier 1 member guide?
01
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02
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03
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04
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What is tier 1 member guide?
Tier 1 member guide is a document that provides detailed information about the benefits, contributions, and other important details of a Tier 1 retirement plan.
Who is required to file tier 1 member guide?
Employers and plan administrators are required to file a tier 1 member guide for their employees who are enrolled in a Tier 1 retirement plan.
How to fill out tier 1 member guide?
To fill out a tier 1 member guide, employers and plan administrators need to provide accurate information about the plan's benefits, contributions, investment options, and other relevant details.
What is the purpose of tier 1 member guide?
The purpose of a tier 1 member guide is to help employees understand the key features of their Tier 1 retirement plan and make informed decisions about their retirement savings.
What information must be reported on tier 1 member guide?
Information such as plan benefits, contribution levels, investment options, fees, and other important details must be reported on a tier 1 member guide.
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