Planchoice

Financial Modeling Software

Financial Modeling Software
(Version 2.00.2)

Launch Online Software
Use the online version of the DRS financial modeling software.

If you need help with the software or do not have access to a computer call the Phone Support Center at 1-888-711-8773 (TDD 1-800-669-7471) or send an e-mail to planchoice@icmarc.org.

Financial Modeling Software

Financial modeling software has been developed that factors in multiple variables for TRS Plan 2 and TRS Plan 3 and performs the complex calculations needed to project your future benefit in each plan. It allows you to compare the projected benefits for both plans based on your personal situation, including variables such as your:

  • Contribution level
  • Expected rate of return
  • Life expectancy
  • Payout method
  • Current age
  • Expected years of additional service
  • Anticipated date of starting defined contribution payment

There are a number of ways you can use the financial modeling software to compare TRS Plan 2 to TRS Plan 3. For example, you can compare the projected benefits available at retirement for TRS Plan 2 and TRS Plan 3 with various Defined Contribution rate options and expected rates of return. You can also try out multiple scenarios using factors such as early retirement, delayed benefits and different survivorship distribution options.

The financial modeling software requires that you set your browser to enable cookies. Most Internet browsers are set this way by default. If you do not have access to a computer, or you prefer not to enable cookies, you can call the phone support center at 1-888-711-8773 (TDD 1-800-669-7471) and one of the customer service representatives can create projections for you.


Financial Modeling Software History
Revision NumberCommentsDate Posted
2.00.2 Revised software to include SERS and TRS New Hires and updated references to gain sharing 06/28/2007
2.00.0 Revised software to reflect New Hire and January Window Opportunity functionality 06/02/2003
1.16.1 Actuarial and contribution rate tables updated. New actuarial tables effective September 1, 2002 08/05/2002
1.16.0 Revised software due to new service credit month requirements under Senate Bill 6376; change in presentation of graphs for Macintosh version 06/04/2002
1.15.3Improved handling of Plan 3 retirement eligibility with less than 10 Service Credit Years03/01/2002
1.15.2Improved precision of service credit calculation01/04/2002
1.15.1Original release12/17/2001