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There are three steps to retirement. ERS members with retirement accounts can create a personalized retirement estimate (Step 1) at any time, even if they’re not planning to retire soon. Step 1 - Sign in to your ERS OnLine account to create your personalized retirement estimate.
You may use Optional Retirement Program (ORP) service credit to help you meet the Rule of 80 or at age 65 toward the 10-year requirement for retiree insurance. If you refunded your ORP account, you can’t use the time towards insurance eligibility.
Proceed to Login. Not Registered? An ERS OnLine account provides access to your personal account information. It also allows you to manage certain benefits administered by ERS. Register Now. Choose your username, password and security question to help you remember your password.
This December, the ERS Board of Trustees will review findings to determine whether the ERS Retirement Plan meets the statutory standard to grant a permanent, one-time cost-of-living adjustment (COLA) for retirees who have been retired 20 years or more as of Dec. 31, 2024.
ERS works to support current and former state employees through the State of Texas defined benefit retirement plan. The State of Texas retirement plan is mandatory for most state agency employees and provides a lifetime annuity when they retire.
1 wrz 2024 · UT Austin staff and faculty who work at least 20 hours per week for 4.5 months (135 calendar days) are required to contribute to a retirement plan. There are two mandatory retirement program options, the Teacher Retirement System of Texas (TRS), and the Optional Retirement Program (ORP).
Managing your annuity payments online is easy and convenient. When you log in to your ERS account, you can: Get information on managing your annuity payments and annuity payment dates. When you retired with ERS, you chose whether you wanted a partial lump-sum payment from your State of Texas Retirement account.