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Get the free Tier 1 Member Guide, Sept. 2022. Member benefits

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TIER 1 MEMBER GUIDE Sept. 2022TEACHERS RETIREMENT SYSTEM THE STATE OF ILLINOISForeword Our Mission: TRS will continually deliver the retirement security promised to our members by maintaining the
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Begin by reading the Tier 1 member guide thoroughly to understand the guidelines and benefits.
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Tier 1 member guide is a document that provides detailed information about the benefits and rules of a tier 1 retirement plan.
Employers who offer tier 1 retirement plans are required to file the tier 1 member guide.
The tier 1 member guide can be filled out electronically or manually, following the instructions provided by the retirement plan administrator.
The purpose of the tier 1 member guide is to inform employees about their retirement benefits, eligibility criteria, and plan rules.
The tier 1 member guide must include information about retirement plan contributions, vesting schedule, distribution options, and contact information for the plan administrator.
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