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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.
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Published: February 25, 2019
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.
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Published: May 29, 2019
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:
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Published: September 18, 2021
Contribution Rates
TRS employer and employee contribution rates from fiscal year 1980 to present
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Published: October 6, 2021
Historical Rates
Employer & Member Contribution Rates & IRS Salary Limits
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Published: October 6, 2021
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
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Published: September 18, 2021
Publications
Review our annual reports, actuarial valuations and miscellaneous publications.
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Economic Impact
Teacher pensions play a vital role in Georgia's economy. This brochure provides a detailed look at how TRS retirees contribute to the economic success of this great State.
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Published: September 17, 2021
Mid-Career Statewide Half-Day Seminar at Gwinnett County Public Schools Instructional Support Center
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Tags: Mid-Career
Published: May 16, 2022
Published: May 16, 2022
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.
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Board of Trustees' Sets:
In its annual meeting held today, May 11, 2022, the Board of Trustees adopted the following maximum IRS Salary Limits that can be used by the Teachers Retirement System of Georgia (TRS) to compute a member’s highest two-year average salary
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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.
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Published: September 18, 2021
Dr. Jason L. Branch
Dr. Branch is the superintendent of Oconee County Schools. He has more than 20 years of experience in education including roles as a teacher, coach, athletic director and principal.
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Published: September 18, 2021
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.
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Published: September 18, 2021
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.
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Published: September 18, 2021
Mr. Greg S. Griffin
Mr. Griffin currently serves as the State Auditor of Georgia. He was appointed to that position by Governor Nathan Deal.
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Published: September 18, 2021
Dr. William G. Sloan, Jr.
Dr. Sloan has been the Executive Director of the Georgia Retired Educators Association since 2005. He retired in 2005 after serving as principal of East Hall High School for more than 17 years.
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Published: September 18, 2021
Mr. Christopher M. Swanson
Mr. Swanson is an AP Economics teacher at Newnan High School and the chair of the Social Studies department in Meriwether County.
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Published: September 18, 2021
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.
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Published: September 18, 2021
Part Time Hourly and Salaried
A TRS retiree who retired on a service retirement may return to work as a teacher on a less than half-time basis. If working less than half-time, the hourly rate or salary cannot exceed 49% of the compensation that would normally be paid to you if you worked on a full-time basis in the position.
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Tags: Retiree
Published: September 28, 2021
Published: September 28, 2021
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.
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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!
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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.
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Tags: Mid-Career
Published: October 5, 2021
Published: October 5, 2021
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.
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Published: October 6, 2021
Hiring TRS Retirees
Retired members of the Teachers Retirement System of Georgia (TRS) have the ability to be employed on either a full or part-time basis under certain terms and conditions.
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Published: October 6, 2021
Tips and Guidelines for Entering Adjustments
Reporting prior period, retroactive and current month adjustments can be tricky at times. This document is intended to provide helpful clarification on the process.
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Published: October 7, 2021
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
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Published: July 1, 2020
Post-Retirement Statewide Seminar at Chattahoochee Technical College
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Tags: Retiree
Published: May 11, 2022
Published: May 11, 2022
Central Georgia Technical College: Pre-Retirement
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Tags: Pre-Retirement
Published: July 2, 2022
Published: July 2, 2022
Post-Retirement Half-Day Seminar @ Chattahoochee Technical College
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Tags: Retiree
Published: May 2, 2023
Published: May 2, 2023
Mid-Career Half-Day Seminar @ UGA Center for Continuing Education and Hotel
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Tags: Mid-Career
Published: June 23, 2023
Published: June 23, 2023
Mid-Career Half-Day Seminar @ Middle Georgia State University
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Tags: Mid-Career
Published: August 3, 2023
Published: August 3, 2023
Pre-Retirement Half-Day Seminar @ Dalton State College
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Tags: Pre-Retirement
Published: October 11, 2023
Published: October 11, 2023
Post-Retirement Seminar @ Clayton State University
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Tags: Retiree
Published: March 25, 2024
Published: March 25, 2024
Legislation
The Teachers Retirement System of Georgia administers its benefits and programs in accordance with applicable state and federal law, and administrative rules. Title 47 of the Official Code Georgia (O. C. G. A.) assigns the authority to establish and amend the provisions of TRS to the State Legislature. State law outlines specific details for state retirement systems, including vesting periods, employee contribution rates, benefit formulas, and retirement eligibility.
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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.
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Tags: Retiree
Published: September 20, 2021
Published: September 20, 2021
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.
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Published: September 27, 2021
How TRS Benefits You!
Your retirement plan is a defined benefit plan which requires contributions from you and your employer, is determined by a formula based on your years of service and/or age and your final average salary, and will be paid to you throughout your lifetime.
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Beneficiary Information
At your death, Georgia law requires that the settlement of your account be made in accordance with the beneficiary information on file with TRS.
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Hello, Mid-Career Members!
You have been an educator for several years now, but you still have a number of years remaining before you can fully plan your retirement. However, now is the perfect time to acquaint yourself with specific details regarding your forthcoming TRS pension benefit.
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Tags: Mid-Career
Published: October 5, 2021
Published: October 5, 2021
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.
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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.
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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.
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Published: October 7, 2021
Statewide Virtual TRS Pre-Retirement Workshop on YouTube
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Tags: Pre-Retirement
Published: April 14, 2022
Published: April 14, 2022
Shining the Light on Your TRS Beneficiary
At all stages of your career, it is very important to keep your TRS beneficiaries updated. The beneficiaries you select for your TRS account are different than beneficiaries selected at open enrollment and the information in your TRS account supersedes information in will, divorce decrees, etc.
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Published: September 20, 2022
Fraud Prevention
As a TRS member, you may receive solicitations from financial services companies that are representing themselves as TRS and communicating pension plan information in ways that may be incorrect or aimed at enhancing their own commissions.
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Published: March 15, 2023