October 02, 2018 22:13 Updated Follow Pensions are earned benefits that are paid in equal monthly amounts for life. The Annuity Savings Account (ASA) is a tax-deferred savings account administered in an employee's name. Related articles Where do I find the TRF handbook? How do I contact INPRS? Which PERF plan option should I choose? Which TRF fund is impacted by this proposal? How do I change my beneficiary online?