Choose a Retirement Date Fund
[Complete boxes highlighted in yellow.]
               
  To determine which Retirement Date Fund (RDF) may be appropriate for you, complete the information in the applicable boxes highlighted in yellow and your suggested RDF will be displayed in the box highlighted in blue.

Note that there are a number of other ways to choose a RDF.  Click on the link "Other ways to choose an RDF" for other alternatives. If you need assistance in using the calculator or in determining which RDF may be best for you, an EY financial planner can assist you via the MyFRS Financial Guidance Line at 1-866-446-9377, Option 2 (TRS 711).
 
  Are you in the Special Risk or Special Risk Administrative Support Class?1
             
                 
  Year of birth (YYYY)    
                         
                         
  RDF based on Current Age                  
  The suggested RDF is based on the FRS normal retirement age for your class of membership (60 for Special Risk and Special Risk Administrative Support, 65 for all other classes).   
  Default/Suggested Retirement Date Fund                
                 
              Yes No  
                 
  More information on RDF's          
  The suggested RDF above is based on your FRS normal retirement age and is the default method we use to assign RDF's for new Investment Plan members who have not chosen an investment fund.

RDF's are a series of "fund of funds" that are designed to offer diversified portfolios for members who would rather use professionally managed asset allocation funds than to build their own retirement portfolios. The RDF's seek favorable long-term returns through investments in other FRS Investment Plan investment funds according to an allocation model known as a "glidepath".   The "glidepath" was developed by a fiduciary to the FRS based on the demographics, including ages and salary levels, of current FRS members. The glidepath is designed to provide younger members who have longer remaining work careers with more opportunities for asset growth early in their career, and gradually reduce the risks so that older members can achieve more income oriented investments, and some hedging against inflation as they near the end of their careers.

RDF's do not provide guaranteed income or payouts, nor do they ensure that you will be able to save enough to be able to retire in the year identified in the name or that the total assets in your account will be enough to cover your expenses throughout retirement.
 
RDF's are designed to provide a single Fund whose asset allocation changes over time and becomes more conservative as you near retirement age. In general, you should choose only one RDF and not split your assets among multiple RDF's.

For more information on RDF's, including in-depth information on each fund's characteristics and individual allocations, please visit the "Investment Funds" section on MyFRS.com.
 
  1The Special Risk Class includes law enforcement officers, firefighters, correctional/probabation officers, emergency medical technicians/paramedics, and certain health care employees in state correctional or forensic facilities, or institutions. The Special Risk Administrative Support Class includes former Special Risk Class members who are reassigned or re-employed in positions not classified as Special Risk Class positions, but provide administrative support for employers with specified Special Risk Class employees.  
2Age is rounded and reflects any birthday between January 1 and December 31 of the current calendar year.
Other Alternatives to Choosing a Retirement Date Fund
[Complete boxes highlighted in yellow.]
  Retirement Date Funds (RDF) can also be chosen based on your retirement age, number of years you plan to work, or the date you want to retire. Use the calculator tools below to determine your suggested RDF. If you need assistance in using the calculators or in determining which RDF may be best for you, an EY financial planner can assist you via the MyFRS Financial Guidance Line at 1-866-446-9377, Option 2 (TRS 711).  
     
  Alternative #1       Alternative #2         Alternative #3        
  Find RDF based on Retirement Age   Find RDF based on Working Years     Find RDF based on Retirement Date  
  The suggested RDF is based on the age you want to retire.   The suggested RDF is based on the number of years you want to work.   The suggested RDF is based on the year you want to retire.  
  Age you want to retire?     Number of working years?   Retirement Year (YYYY)?      
  Retirement Date Fund   Retirement Date Fund   Retirement Date Fund