Master the Art of Earning Benefits
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Master the Art of Earning Benefits

Created by
@WillingCelebration

Questions and Answers

Employee deposits (4%–7% set by employer) ______ Interest 7% annual interest (set by law)

Compound

Earning Benefits Membership starts ______ 1 No probationary period All full-time and part-time employees are enrolled in TCDRS

Day

Members vest at 5, 8 or 10 years (set by ______)

employer

Age + Years of Service* = 75 or 80 Any Age and 20 or 30 Years * Employee must be ______.

<p>vested</p> Signup and view all the answers

At Any Age with ______

<p>30</p> Signup and view all the answers

Which of the following is a benefit that TCDRS will pay to a beneficiary if a member passes away before retirement?

<p>The member's deposits plus interest</p> Signup and view all the answers

Who can a member name as their beneficiary?

<p>Anyone they choose</p> Signup and view all the answers

What happens if a member divorces their spouse?

<p>The member must designate a new beneficiary</p> Signup and view all the answers

Can a member name a minor child as their beneficiary?

<p>Yes, but the child will not receive any benefits until they turn 18</p> Signup and view all the answers

What is the Survivor Benefit?

<p>A lifetime monthly payment from the member's account</p> Signup and view all the answers

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