Teachers' Retirement Systems of Alabama 877.517.0020 | rsa-al.gov Nearly all UAH employees are required to participate in Teachers' Retirement Systems of Alabama (TRS) defined-benefit retirement plan. The amount of retirement income for eligible employees is determined by the number of years of participation, the average final salary (using the best three out of the last ten years) and the option chosen by the individual at the time of retirement. Required contributions are made up to the $275,000 annual earnable compensation maximum. The salary cap only applies to employees hired on or after July 1, 1996. Tier 1 Member Employed prior Jan 1, 2013Tier 2 Member Employed after Jan 1, 2013 Contribution Rates Regular Employees - 7.5% Regular Employees - 6% Law Enforcement Officers - 8.5% Law Enforcement Officers - 7% Retirement Eligibility 25 years at any age 10 years of service at age 60 No early retirement option 10 years of service at age 62 (56 for law enforcement officers) Retirement Factor 2.0125% 1.6500% Average Final Salary Average of the highest three years out of the last ten years Average of the highest five years out of the last ten years Benefit Cap None 80% of Average Final Salary Retirement Contributions on Overtime Pay Earnable Compensation cannot exceed 120% of base pay Earnable Compensation cannot exceed 125% of base pay Sick Leave Conversion Yes No Member Handbook Tier 1 Members Tier 2 Members Retirement Counseling RSA counselors are available Monday through Friday from 8:00 a.m. – 5:00 p.m. to counsel you by phone and answer questions concerning your account. To schedule an appointment with an individual counselor in Montgomery, please call TRSA or visit rsa-al.gov for more information.