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TRS active members can begin here to gain an understanding of their future retirement benefits and to conduct business with TRS. Active members include, but are not limited to, Georgia’s public school and university system educators, administrators, supervisors, clerks, teacher aides and paraprofessionals.
There are two basic types of retirement plans:
- Defined Contribution Plan – (DC)
In this plan, your retirement income is based on the performance of investment choices you select for the contributions made by you and your employer. Retirement, survivor, and disability income are limited to the value of your account. A 401K is an example of this plan.
- Defined Benefit Plan – (DB), the TRS Plan.
As its name implies, your retirement benefit is “defined” by calculation using your years of membership service, the average of your two highest membership salary years, and a 2% multiplier. Under this plan, you assume no investment risk, plus you have survivor and disability protection while you are an active member. Also, you are guaranteed retirement income for the rest of your life.
TRS’s DB plan of retirement is stable, safe and secure. Your monthly retirement benefit is based on a specific formula set by state law. You are not burdened with making investment decisions nor do you assume the risks associated with investment decisions; TRS does. No matter how the world’s financial markets perform, the state guarantees your retirement income will continue for the rest of your life, and if applicable, your benefit can be passed to your beneficiary(ies).
Click on EDUCATE YOURSELF to learn more about your retirement plan, or ACCOUNT MANAGEMENT to conduct business with TRS.
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