If you leave TSERS before you have five years of creditable service, the only payment you can receive is a refund of your contributions and interest. 

State law prohibits us from making a refund earlier than 60 days after you leave employment with an employer that participates in TSERS. 

However, if you leave TSERS employment and you do not take a refund, you will retain your benefits and rights should you return to TSERS service at a later time. Set by state law, the interest credited on your contributions and paid with a refund is currently four percent (4%) compounded annually on your prior year ending balance. To apply for a refund, log into your ORBIT account and click Apply for a Refund Online.