Ask Larry

What Will Happen When I Start Receiving A TRS Pension?

I will be 66 yrs old in June of this year. I am a teachers asst. I already get Social Security from my EX husband. He is retired already. I receive 1025.00 a month. This is mine and his together. Being that I will retire through TRS will I be able to receive even a partial amount when I retire?. How does that work. I can't live on my retirement alone. Have been with DVISD for 28 yrs. Thanks, Vickie

Hi Vickie,

Once you start drawing your TRS pension, it's likely that your Social Security divorced spousal benefits will need to be offset by 2/3rds of the amount of your TRS pension. That's assuming that your earnings under TRS have been exempt from Social Security taxes. Thus, it sounds like if the gross amount of your TRS pension more than about $1537, your divorced spousal benefits will likely be reduced to zero. This is due to the Government Pension Offset provision (GPO). For more information on GPO and it's exceptions, refer to this Social Security publication: https://www.ssa.gov/pubs/EN-05-10007.pdf.

Best, Jerry

Posted: 
Jan 11 2018 - 8:08am
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