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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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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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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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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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Cobb County (Virtual)
Tags: Mid-Career
Published: March 26, 2023
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Newton County
Tags: Pre-Retirement
Published: April 14, 2022
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Albany Technical College LEC
Tags: Pre-Retirement
Published: December 10, 2022
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Wilkes County
Tags: Pre-Retirement
Published: December 10, 2023
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Jones County Schools
Tags: Pre-Retirement
Published: October 8, 2021
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Fannin County
Tags: Pre-Retirement
Published: October 8, 2021
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Elbert County
Tags: Pre-Retirement
Published: October 8, 2021
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Oglethorpe County
Tags: Pre-Retirement
Published: October 8, 2021
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Catoosa County (Virtual)
Tags: Pre-Retirement
Published: October 8, 2021
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Wilcox County
Tags: Pre-Retirement
Published: January 1, 2023
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Dalton State College
Tags: Mid-Career
Published: January 21, 2024
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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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Air Time
If you have at least 25 years of service credit, you may purchase up to 3 years of additional service credit at retirement. Air time service can only be purchased at the time you apply for retirement.
Tags: Mid-Career, Pre-Retirement
Published: October 6, 2021
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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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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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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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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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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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GASB 68 Actuary Reports
Published: October 6, 2021
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GASB 68 Audit Reports
Published: October 6, 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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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
Tags: Mid-Career, New Hire, Pre-Retirement, Retiree
Published: May 10, 2023
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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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Welcome, Active Members!
TRS administers the fund from which teachers in the state’s public schools, many employees of the University System of Georgia, and certain other designated employees in educational-related work environments receive retirement benefits.
Tags: Mid-Career, New Hire, Pre-Retirement
Published: September 20, 2021
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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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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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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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At Your Death – Survivor’s Benefits
Should you die prior to retirement, TRS offers survivor benefits to your surviving beneficary(ies).
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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Supplementing Your TRS Benefit
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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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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Eligibility for Retirement
You are eligible to retire ‘penalty free’ under the following conditions:
Published: October 6, 2021
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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.
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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Clinch County
Tags: Pre-Retirement
Published: April 23, 2022
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Turner County
Tags: Pre-Retirement
Published: April 24, 2022
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Barrow County
Tags: Pre-Retirement
Published: September 25, 2022
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Dublin City Schools
Tags: Pre-Retirement
Published: September 25, 2022
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Union County
Tags: Pre-Retirement
Published: December 25, 2022
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Glynn County
Tags: Pre-Retirement
Published: December 29, 2022
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Dekalb County
Tags: Pre-Retirement
Published: January 12, 2023
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Bulloch County
Tags: Pre-Retirement
Published: December 25, 2022
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Effingham County
Tags: Pre-Retirement
Published: March 26, 2023
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Newton County
Tags: Mid-Career
Published: March 26, 2023
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Appling County
Tags: Pre-Retirement
Published: December 24, 2023
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Gilmer County
Tags: Pre-Retirement
Published: December 24, 2023
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Calhoun City Schools
Tags: Pre-Retirement
Published: March 26, 2023
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Murray County
Tags: Pre-Retirement
Published: April 23, 2023
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Muscogee County
Tags: Pre-Retirement
Published: April 22, 2023
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Towns County
Tags: Pre-Retirement
Published: April 22, 2023
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Walton County
Tags: Pre-Retirement
Published: September 24, 2023
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Forsyth County
Tags: Pre-Retirement
Published: September 24, 2023
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Gordon State College
Tags: Pre-Retirement
Published: September 23, 2023
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Glynn County
Tags: Pre-Retirement
Published: December 24, 2023
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Catoosa County (Virtual)
Tags: Pre-Retirement
Published: December 24, 2023
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Dekalb County
Tags: Pre-Retirement
Published: December 24, 2023
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