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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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1099Rs for Tax Year 2018
1099Rs were mailed on Wednesday, January 23rd. You can download your 2018 1099R now by logging into your account.
Published: January 11, 2019
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1099-R IRS Forms for Tax Year 2023
Retirees may download their 1099R forms now by logging into your account.
Tags: Mid-Career, New Hire, Pre-Retirement, Retiree
Published: January 30, 2024
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Important Updates About Your 2021 Benefit!
Happy 2021 retirees and we hope that this year is off to a great start! You may have noticed a difference in your January, 2021, benefit.
Tags: Retiree
Published: January 5, 2021
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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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FY2021 Annual Membership Statements Are Available
Active members may now access their membership statements online via their TRS account. The statements provide valuable account information, such as an account balance, the lump-sum value of an account, estimated projections, as well as beneficiary and service credit information.
Tags: Mid-Career, New Hire, Pre-Retirement, Retiree
Published: November 12, 2021
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Hall County
Tags: Pre-Retirement
Published: January 14, 2024
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Bryan County
Tags: Pre-Retirement
Published: December 18, 2022
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Glynn County
Tags: Pre-Retirement
Published: December 24, 2023
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Bacon County
Tags: Pre-Retirement
Published: August 23, 2022
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Bulloch County
Tags: Pre-Retirement
Published: December 25, 2022
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2021 TRS Year End Recap with Dr. L.C. “Buster” Evans
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Tags: Retiree
Published: December 3, 2021
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The Best of Your Retirement in Focus - Highlights of 2021
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Tags: Mid-Career, New Hire, Pre-Retirement, Retiree
Published: January 4, 2022
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2021 Retiree Underwithheld Federal Income Tax Frequently Asked Questions (FAQ)
If you are a TRS retiree with federal income tax withholding for January and February that was lower than the appropriate amount for your monthly benefit, please refer to the frequently asked questions below to find answers about the issue and resources available to you.
Tags: Retiree
Published: September 28, 2021
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Salary Limitations
In a TRS board meeting held on June 24, 2020, the TRS Board of Trustees adopted the following maximum salary increases for FY 2021 that can be used by the Teachers Retirement System of Georgia (TRS) to compute a member’s highest two-year average salary
Published: July 1, 2020
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Furloughs and TRS Earnable Compensation
Current economic conditions and reduced revenue collections due to the Covid-19 pandemic have resulted in employers planning for reducing budgets in FY 2021 by several methods such as furloughs, salary reductions and reductions of contracted work days, which will have an impact on the amount of earnable compensation to be reported to TRS
Published: June 5, 2020
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2022 Federal Income Tax Withholding Rates
TRS processed January 2022 monthly retirement benefits using the federal income tax withholding rates for 2021, the federal rates publicly available at the time. The IRS released the 2022 rates in the second half of December, after the deadline for timely payment processing.
Published: January 27, 2022
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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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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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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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Contribution Rates
TRS employer and employee contribution rates from fiscal year 1980 to present
Published: October 6, 2021
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Historical Rates
Employer & Member Contribution Rates & IRS Salary Limits
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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Frequently Asked Questions Regarding COVID-19
Frequently Asked Questions Regarding COVID-19 and Teachers Retirement System for Members, Retirees, and Employers
Tags: Mid-Career, New Hire, Pre-Retirement, Retiree
Published: May 20, 2020
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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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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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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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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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Ms. Miriam Shook
Published: July 25, 2022
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Hello, Retirees!
Thank you for your service and dedication to the education of the children, youth, and adults of the great state of Georgia! You have worked hard for many years, and now you can count on TRS to provide you with the retirement benefits the State provides you.
Tags: Retiree
Published: September 20, 2021
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Taxes
Published: September 20, 2021
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Federal and State Taxes
All or most of your TRS monthly benefit is subject to federal income tax, with exact details furnished to you at the time of your retirement.
Tags: Pre-Retirement
Published: October 5, 2021
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Account Login
Published: March 20, 2023
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PBI Data Breach
Published: July 10, 2023
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Forms
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Tags: Mid-Career, New Hire, Pre-Retirement, Retiree
Published: August 26, 2021
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Mr. Kenneth Dyer
Mr. Kenneth Dyer was selected in February 2017 by the Dougherty County Board of Education to become the district’s superintendent after having served as Associate Superintendent and Chief Financial Officer.
Published: September 18, 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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Military Service
Georgia law contains several provisions for the establishment of up to 5 years of retirement credit for periods of active duty military service in the armed forces of the United States. If you have military service prior to 1955, please contact our office.
Tags: Mid-Career, New Hire, Pre-Retirement
Published: October 6, 2021
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Elective Membership Employer Requirements
Georgia law was amended in 1976 allowing full-time public school lunchroom, maintenance, and warehouse supervisors and managers the option to elect membership in TRS.
Published: October 6, 2021
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Preparing Your Employees For Retirement
In an effort to assist your employees, TRS has developed a list of things you can do to help ease the retirement process-for both of you.
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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Jefferson County Schools
Tags: Pre-Retirement
Published: October 8, 2021
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Augusta University (Virtual)
Tags: Mid-Career
Published: October 8, 2021
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Dekalb County Schools
Tags: Pre-Retirement
Published: October 8, 2021
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Franklin County Schools
Tags: Pre-Retirement
Published: October 8, 2021
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Calhoun City Schools
Tags: Pre-Retirement
Published: October 8, 2021
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Dodge County
Tags: Pre-Retirement
Published: October 8, 2021
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Forsyth County Schools
Tags: Mid-Career
Published: October 8, 2021
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Jackson County Schools
Tags: Pre-Retirement
Published: October 8, 2021
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Glynn County Schools
Tags: Pre-Retirement
Published: October 8, 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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Lumpkin County Schools
Tags: Pre-Retirement
Published: October 8, 2021
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Troup County Schools
Tags: Pre-Retirement
Published: October 8, 2021
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Dekalb County Schools
Tags: Pre-Retirement
Published: October 8, 2021
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Georgia is Counting on You
Census data powers much of what we do. Government, business, and many social activities and programs are affected by Census data.
Published: September 14, 2020
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Dodge County
Tags: Pre-Retirement
Published: March 20, 2022
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Georgia Southern University
Tags: Pre-Retirement
Published: August 22, 2022
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Dalton State College
Tags: Pre-Retirement
Published: August 22, 2022
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Dalton State College
Tags: Mid-Career
Published: August 22, 2022
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Wilkes County
Tags: Pre-Retirement
Published: September 6, 2022
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Chattahoochee- Flint RESA
Tags: Mid-Career
Published: January 22, 2023
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Clayton County
Tags: Pre-Retirement
Published: January 22, 2023
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Wayne County
Tags: Pre-Retirement
Published: January 22, 2023
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CSRA RESA
Tags: Pre-Retirement
Published: February 19, 2023
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West Georgia RESA
Tags: Pre-Retirement
Published: February 20, 2023
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Cartersville City Schools
Tags: Mid-Career
Published: February 19, 2023
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Savannah State University
Tags: Mid-Career
Published: February 19, 2023
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Savannah State University
Tags: Pre-Retirement
Published: February 19, 2023
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Wayne County
Tags: Pre-Retirement
Published: February 27, 2023
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Dalton State College
Tags: Pre-Retirement
Published: August 20, 2023
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Echols County
Tags: Pre-Retirement
Published: August 20, 2023
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Echols County
Tags: Mid-Career
Published: August 20, 2023
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Rabun County
Tags: Pre-Retirement
Published: August 20, 2023
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Liberty County
Tags: Pre-Retirement
Published: August 20, 2023
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Gordon County (Virtual)
Tags: Pre-Retirement
Published: September 8, 2023
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Dalton State College
Tags: Pre-Retirement
Published: January 21, 2024
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Dalton State College
Tags: Mid-Career
Published: January 21, 2024
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Decatur County
Tags: Pre-Retirement
Published: January 21, 2024
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Whitfield County
Tags: Pre-Retirement
Published: January 21, 2024
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Crawford County
Tags: Pre-Retirement
Published: January 21, 2024
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Walton County
Tags: Pre-Retirement
Published: February 18, 2024
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Henry County
Tags: Pre-Retirement
Published: February 18, 2024
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