Teachers' Retirement Fund (TRF)

For eligible certified staff, the Teachers' Retirement Fund is a mandatory retirement savings program, managed by the Indiana Public Retirement System (INPRS).  

Staff that are entirely NEW to Teachers' Retirement Fund must make an irrevocable selection between the Hybrid and My Choice plans within 60 days of beginning employment.  

INPRS will provide a PIN number with instructions on how to create an online account in order to make an election.   If a selection is not made, the option will default to the Hybrid plan.

• Hybrid Plan - In this plan,  the school funds the defined benefit (pension) and pays the 3% mandatory contribution into the defined contribution account.  Employee may also contribute up to 10% additional in post-tax contributions.  Employee is immediately vested in the defined contribution account, and is vested in the pension after 10 years of TRF covered service. (See fliers below for details.)

• My Choice Plan - (For certified staff hired July 1, 2019 and LATER.  If a teacher was hired into their first TRF-covered position before this time, they are already in the Hybrid Plan).  In this plan, the school funds all employer share contributions and pays the 3% mandatory contribution.  Employee may also contribute up to 10% additional in post-tax contributions.  Employee is vested immediately for mandatory 3% contribution, and any additional voluntary employee contributions.  Employee is vested in employer share contributions at 20% after the first year of service and fully vested at 5 years of service.  (See fliers below for details.)