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Newton County
Tags: Pre-Retirement
Published: April 14, 2022
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Legislative Update 2019
During the legislative session, TRS posts legislative updates from the Georgia General Assembly that may affect the teachers pension system. Pending legislation is sponsored by members of the Georgia House or Senate, and does not become law until the Governor signs the bill. TRS does not draft or lobby for/against any legislation.
Published: February 25, 2019
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Walker County
Tags: Pre-Retirement
Published: January 20, 2022
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Albany Technical College LEC
Tags: Pre-Retirement
Published: December 10, 2022
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Cobb County (Virtual)
Tags: Mid-Career
Published: March 26, 2023
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Wilkes County
Tags: Pre-Retirement
Published: December 10, 2023
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Madison County
Tags: Pre-Retirement
Published: January 16, 2022
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Stephens County
Tags: Pre-Retirement
Published: January 16, 2022
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Oglethorpe County
Tags: Pre-Retirement
Published: January 9, 2022
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Union County
Tags: Pre-Retirement
Published: January 9, 2022
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Elbert County
Tags: Pre-Retirement
Published: January 9, 2022
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Muscogee County (Virtual)
Tags: Mid-Career
Published: January 20, 2022
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Pierce County
Tags: Pre-Retirement
Published: May 19, 2022
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Spalding County
Tags: Pre-Retirement
Published: January 8, 2023
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Calhoun City Schools
Tags: Pre-Retirement
Published: January 28, 2024
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Mr. Steve McCoy
Steve McCoy is the Georgia State Treasurer. The Treasurer serves as cash management officer for Georgia on behalf of the State Depository Board responsible for managing over $30 billion of state and local government investments
Published: September 18, 2021
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FY 2020 Salary Limit & FY 2021 Contribution Rate Memo
In its annual meeting on May 15, 2019, the TRS Board of Trustees adopted maximum salary increases for fiscal year 2020 along with the employee and employer contribution rates for fiscal year 2021.
Published: May 29, 2019
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Eligibility for Retirement
You are eligible to retire ‘penalty free’ under the following conditions: Completion of 30 years of creditable service – regardless of your age; or Completion of 10 years of creditable service, and be age 60 or older.
Tags: Pre-Retirement
Published: September 27, 2021
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When Are Benefits Paid
If your properly completed application is received by TRS at least 30 days prior to your effective date of retirement, and all your allowable service has been established, you should receive your first benefit payment during your first month of retirement.
Tags: Pre-Retirement
Published: October 5, 2021
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TRS Awarded the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA)
The Teachers Retirement System of Georgia is pleased to announce that the annual comprehensive report for the fiscal year ended June 30, 2021, received the GFOA’s Certificate of Achievement for Excellence in Financial Reporting.
Published: July 11, 2022
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Historical Rates
Employer & Member Contribution Rates & IRS Salary Limits
Published: October 6, 2021
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Publications
Review our annual reports, actuarial valuations and miscellaneous publications.
Tags: Mid-Career, New Hire, Pre-Retirement, Retiree
Published: September 30, 2021
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State of Georgia Employment
If you were previously a member of the Employees’ Retirement System of Georgia (ERS) and withdrew your funds, you may establish this service with TRS. You are eligible to purchase your ERS withdrawn service after you have completed the required number of years of active TRS membership.
Tags: Mid-Career, New Hire, Pre-Retirement
Published: October 6, 2021
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Contribution Rates
TRS employer and employee contribution rates from fiscal year 1980 to present
Published: October 6, 2021
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GASB 68 Actuary Reports
Published: October 6, 2021
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GASB 68 Audit Reports
Published: October 6, 2021
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Forms
Your computer must have Adobe Reader to view the publications. Click here if you need to install Adobe Reader on your computer.
Tags: Mid-Career, New Hire, Pre-Retirement, Retiree
Published: August 26, 2021
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Mr. Greg S. Griffin
Mr. Griffin currently serves as the State Auditor of Georgia. He was appointed to that position by Governor Nathan Deal.
Published: September 18, 2021
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Board Meeting Minutes
The TRS Board of Trustees meet six times a year at the TRS office in Atlanta. Meeting minutes for items discussed during open session are provided below:
Published: September 18, 2021
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Ms. Miriam Shook
Published: July 25, 2022
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Retiree Events
We have created a workshop aimed at keeping you informed throughout your retirement, including information about what’s new at TRS, membership statistics, a financial update, as well as any legislation that may affect you.
Tags: Retiree
Published: August 31, 2021
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Hosting a TRS Event
Planning for retirement needs to be a priority for our members—the earlier they start, the better off they will be!
Tags: Mid-Career, New Hire, Pre-Retirement, Retiree
Published: August 31, 2021
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Board of Trustees & Investment Committee Meetings
Upcoming board and/or committee meetings information and agenda(s).
Tags: Mid-Career, New Hire, Pre-Retirement, Retiree
Published: March 19, 2024
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Cost Calculation Requests Now Available Online
To request a service purchase cost calculation, simply click the myTRS Log In button and log in to your account.
Published: March 29, 2019
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Board of Trustees
Current board member information.
Published: September 16, 2021
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Retirement Plans Offered
TRS offers a defined benefit plan of retirement, also known as a 401(a). As its name implies, your retirement benefit is “defined” by calculation using your years of membership service, the average of your highest 24 consecutive months of salary*, and a 2% multiplier.
Published: September 16, 2021
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Ms. Deborah K. Simonds
Ms. Simonds is a retired teacher from Georgia. She was a High School Special Education teacher for 27 years at Berkmar High School in Gwinnett.
Published: September 18, 2021
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Board Meetings
Regular meetings are held by the TRS Board of Trustees bi-monthly on the fourth Wednesday of January, March, May, July, September and November of each year, or on such other dates as the Board shall decide.
Published: September 18, 2021
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Dr. Marion Fedrick
Marion Ross Fedrick was appointed as the 10th president of Albany State University on August 14, 2018, by the University System of Georgia Board of Regents.
Published: September 18, 2021
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Partial Lump Sum Option Plan (PLOP)
At retirement, in addition to selecting Plan A (maximum plan) or Plan B (survivorship plan), you may also elect to receive a one time lump-sum distribution (cash payment) in addition to your monthly retirement benefit.
Published: September 18, 2021
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Cost-of-Living Adjustments (COLAs)
In addition to your TRS membership, you may be eligible for a Cost-of-Living Adjustment (COLA) if the cost of living increases as determined by the CPI.
Tags: Retiree
Published: September 20, 2021
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I’m Ready to Retire
Well in advance of your date of retirement, we recommend you contact TRS for a retirement benefit estimate and to discuss the various plans of retirement. If you are considering retiring within the next two years, we recommend that you speak with one of our retirement counselors.
Tags: Pre-Retirement
Published: September 27, 2021
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Pension Limitations
When calculating and paying retirement benefits, Georgia law and Internal Revenue Service (IRS) regulations place certain limitations on salary earned, salary increases received, and retirement payments received.
Published: September 27, 2021
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Unused Sick Leave Credit at Retirement
At retirement, TRS members can establish credit for unused sick leave earned with current and previous TRS employers. If you haven’t been saving your sick leave up until now, you really should start. The more unused sick leave days you have at retirement, the earlier you can retire and the larger your monthly benefit.
Published: September 27, 2021
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Annual Member Statement
Since your employer remits your retirement contributions to TRS, we provide you with the opportunity to review your annual member statement online at any time by logging into your account. You should carefully review your statement at least yearly and report any discrepancies to TRS.
Published: September 27, 2021
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Life Changes
Events, or life changes, occurring during the course of your TRS membership may necessitate you contacting our office to report beneficiary changes or name changes.
Published: September 27, 2021
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Full Time Employment
Private School Teaching Teaching in a State Other than Georgia Employment in the Private Sector (See Contractual Employment) Self-Employment (See Contractual Employment)
Tags: Retiree
Published: September 28, 2021
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Contribution Withdrawals
While you are employed in a TRS covered position, as stated in Georgia law, you cannot make withdrawals or borrow funds from your account. If you terminate your TRS covered employment you may apply for a refund of contributions and interest.
Tags: Mid-Career, New Hire, Pre-Retirement
Published: September 28, 2021
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Vesting
Vesting is a key concept, but many people are not familiar with the benefits of this important milestone.
Tags: Mid-Career, New Hire, Pre-Retirement
Published: September 28, 2021
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Establishing Membership Service
During your employment in a TRS covered position, you make monthly contributions to TRS, via employer payroll deductions, and earn service credit.
Tags: Mid-Career, Pre-Retirement
Published: September 28, 2021
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Start Retirement Planning
The short answer is now! If you are already asking yourself questions about preparing for your financial future, it’s time to start planning!
Tags: Mid-Career, New Hire, Pre-Retirement
Published: September 28, 2021
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Unused Sick Leave Credit at Retirement
At retirement, TRS members can establish credit for unused sick leave earned with current and previous employers. Based on Georgia law, a member can receive credit for unused sick leave at retirement only if he or she has not received payment of any kind for the leave
Tags: Retiree
Published: October 5, 2021
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Insurance
The main purpose of having insurance is to hedge against risk. There is a small percentage of Americans that are fully self-insurable—meaning that they have enough assets to cover any financial liabilities that may occur due to health issues or damage to property and intangible assets.
Tags: Mid-Career
Published: October 5, 2021
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Risk & Debt Management
As you move through your career, it is important that you learn how to recognize risks and manage them, along with any debt that you may have, while they can still be managed.
Tags: Mid-Career, New Hire, Pre-Retirement
Published: October 6, 2021
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Supplementing Your TRS Benefit
Published: October 6, 2021
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Awarding of Credit
To have your unused sick leave credited toward your retirement you must complete the member section of the Sick Leave Certification Form during the online retirement application process
Tags: Mid-Career, New Hire, Pre-Retirement
Published: October 6, 2021
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Conversion Chart
Sick Leave Credit for Members Retiring On or After 7/1/98:
Tags: Mid-Career, New Hire, Pre-Retirement
Published: October 6, 2021
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Limitations to Using Sick Leave
Unused sick leave credit is allowed for Georgia teaching service. Eligible service includes withdrawn and repurchased Georgia teaching service as well as service purchased or transferred from local retirement plans.
Tags: Mid-Career, New Hire, Pre-Retirement
Published: October 6, 2021
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Allowable Sick Leave Usage and Attendance Incentive Programs
Employers should notify TRS of all sick leave policies in use for compliance with Georgia law. System policies must be consistent for all employees.
Published: October 6, 2021
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Earnable Compensation
Earnable compensation is defined as the full regular compensation payable to a member for full normal working time.
Published: October 6, 2021
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Eligibility for Retirement
You are eligible to retire ‘penalty free’ under the following conditions:
Published: October 6, 2021
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Pension Limitations
When calculating and paying retirement benefits, Georgia law and Internal Revenue Service (IRS) regulations place certain limitations on salary earned, salary increases received, and retirement payments received.
Published: October 7, 2021
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Unused Sick Leave Credit at Retirement
At retirement, TRS members can establish credit for unused sick leave earned with current and previous TRS employers. If you haven’t been saving your sick leave up until now, you really should start. The more unused sick leave days you have at retirement, the earlier you can retire and the larger your monthly benefit.
Published: October 7, 2021
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Updating Membership Information
If a member needs to correct a social security number, date of birth, name, or beneficiary, he/she will need to follow the instructions below.
Published: October 7, 2021
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Your TRS Representative
View a list of employers and their TRS assigned representative
Published: October 7, 2021
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Houston County (Virtual)
Tags: Pre-Retirement
Published: October 30, 2021
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Coffee County Schools
Tags: Pre-Retirement
Published: October 8, 2021
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Walton County Schools
Tags: Pre-Retirement
Published: October 8, 2021
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Effingham County
Tags: Pre-Retirement
Published: February 27, 2022
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Appling County
Tags: Pre-Retirement
Published: February 27, 2022
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Gordon State College
Tags: Mid-Career
Published: February 27, 2022
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Pre-Retirement Workshop @ TRS
Tags: Pre-Retirement
Published: December 20, 2021
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Marietta City Schools
Tags: New Hire
Published: April 14, 2022
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Pioneer RESA
Tags: Pre-Retirement
Published: April 14, 2022
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House Bill 385
House Bill 385 and it's impact to employers .
Published: May 24, 2022
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Georgia Southern University
Tags: Pre-Retirement
Published: August 22, 2022
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Houston County (Virtual)
Tags: Pre-Retirement
Published: October 30, 2022
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Troup County
Tags: Pre-Retirement
Published: October 30, 2022
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Gordon State College
Tags: Pre-Retirement
Published: October 30, 2022
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Coffee County
Tags: Pre-Retirement
Published: October 30, 2022
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Dekalb County Public Library
Tags: Mid-Career
Published: January 24, 2023
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Harris County
Tags: Pre-Retirement
Published: February 26, 2023
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Coffee County
Tags: Pre-Retirement
Published: February 26, 2023
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Madison County
Tags: Pre-Retirement
Published: February 26, 2023
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Hart County
Tags: Pre-Retirement
Published: October 29, 2023
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Georgia Southern University
Tags: Mid-Career
Published: March 5, 2023
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Dodge County
Tags: Pre-Retirement
Published: April 29, 2023
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Towns County
Tags: Pre-Retirement
Published: July 30, 2023
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Heart of Georgia RESA
Tags: Pre-Retirement
Published: July 30, 2023
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Floyd County
Tags: Pre-Retirement
Published: August 29, 2023
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Douglas County
Tags: Pre-Retirement
Published: October 29, 2023
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PBI Data Breach
Published: July 10, 2023
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Georgia Southern University
Tags: Pre-Retirement
Published: October 29, 2023
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Gordon State College
Tags: Pre-Retirement
Published: September 23, 2023
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Thomas County
Tags: Pre-Retirement
Published: November 13, 2023
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Georgia Southern University
Tags: Mid-Career
Published: November 17, 2023
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Dalton City Schools
Tags: Pre-Retirement
Published: December 31, 2023
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Heart of Georgia RESA
Tags: Pre-Retirement
Published: December 31, 2023
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Emanuel County
Tags: Pre-Retirement
Published: December 31, 2023
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Dodge County
Tags: Pre-Retirement
Published: December 31, 2023
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Gordon State College
Tags: Pre-Retirement
Published: February 14, 2024
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Fulton County (Virtual)
Tags: Pre-Retirement
Published: March 10, 2024
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Polk County
Tags: Mid-Career
Published: March 16, 2024
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Bartow County Library
Tags: Pre-Retirement
Published: March 11, 2024
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Lanier Technical College
Tags: Pre-Retirement
Published: March 24, 2024
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Lanier Technical College
Tags: Mid-Career
Published: March 24, 2024
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