If you are retiring mid-year, and will be receiving a
standard annuity from TRS, you may be eligible to be paid for your accumulated
local, (old) state sick and state personal leave days. If you have purchased
years of service in order to receive a standard annuity payment, you will need
to provide a copy of your TRS-25L to the payroll department in order to qualify
for this payment. The maximum amount you will be paid is $125 for each day up
to 150 days. You will be contacted via mail 3-4 weeks after completion of your
contract to complete paperwork. Payout information will not be available until
this time. An Election Form will be mailed to you and must be completed and
returned to the business services department for payment to be issued. Please
see the Retirement Information and Check List in the Benefits section of
the Employee Handbook for payout options, qualification guidelines and further
information about this benefit.
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