Building Your Retirement Future
You and USG both contribute to the TRS, which provides a monthly lifetime benefit once you become vested. Before you’re vested, you will only receive your contributions plus interest at the stated rate.
If you’re a nonexempt or hourly paid employee working 20 or more hours per week, you’ll automatically be enrolled in the TRS Plan as of your date of hire or eligibility.
If you’re an exempt or salaried employee working 20 or more hours per week, you can choose either the Optional Retirement Plan (ORP) or the TRS. Your retirement selection must be made within 60 days of eligibility or you will default into the TRS plan retroactively to your date of hire or eligibility. Retirement elections are irrevocable.
Once you’re enrolled, you’ll receive a welcome letter from TRS with instructions to visit their website to open a TRS online account and assign your beneficiary(ies).
How the TRS Plan Works
The TRS Plan is a defined benefit pension plan. Your retirement benefit is based upon on a predetermined formula, using your length of service and average monthly salary based on your highest 24 months of earnings. To learn more, review the following Plan at a Glance information.
See how the TRS Plan compares to the ORP.
How to Enroll
Enroll at OneUSGConnect.usg.edu, click the Retirement@Work link in the Manage My Benefits section, and follow the prompts to complete your enrollment.
You can find detailed enrollment instructions in this New Hire TRS Mandatory Retirement Election Enrollment Guide.
Once you enroll, you’ll receive a welcome letter from TRS with instructions to visit the TRS website