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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.
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Published: May 29, 2019
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.
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Tags: Retiree
Published: January 5, 2021
Published: January 5, 2021
1099-R IRS Forms for Tax Year 2022
Retirees may download their 1099R forms now by logging into your account.
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Tags: Retiree
Published: January 30, 2023
Published: January 30, 2023
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.
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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.
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Published: January 27, 2022
1099Rs for Tax Year 2018
1099Rs were mailed on Wednesday, January 23rd. You can download your 2018 1099R now by logging into your account.
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Published: January 11, 2019
2021 TRS Year End Recap with Dr. L.C. “Buster” Evans
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Tags: Retiree
Published: December 3, 2021
Published: December 3, 2021
The Best of Your Retirement in Focus - Highlights of 2021
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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.
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Tags: Retiree
Published: September 28, 2021
Published: September 28, 2021
Statewide Virtual TRS Pre-Retirement Workshop on YouTube
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Tags: Pre-Retirement
Published: April 14, 2022
Published: April 14, 2022
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
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
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Published: June 5, 2020
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.
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Published: July 11, 2022
Working In Retirement Revisited - Updates for 2022!
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Published: May 31, 2022
2022 TRS Year-End Wrap-Up featuring Executive Director, Dr. L.C. (Buster) Evans, Ed.D.
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Published: January 10, 2023
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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Membership Statement Registers
Registers for employee 2020 Annual Membership Statements are available online via your Employer Desktop.
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Published: October 7, 2021
Frequently Asked Questions Regarding COVID-19
Frequently Asked Questions Regarding COVID-19 and Teachers Retirement System for Members, Retirees, and Employers
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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:
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Published: September 18, 2021
Publications
Review our annual reports, actuarial valuations and miscellaneous publications.
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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
Your TRS Representative
View a list of employers and their TRS assigned representative
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Published: October 7, 2021
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.
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Tags: Retiree
Published: September 20, 2021
Published: September 20, 2021
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
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.
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Tags: Pre-Retirement
Published: October 5, 2021
Published: October 5, 2021
Board of Trustees Annual Meeting & Investment Committee Meeting
Upcoming board and/or committee meetings information and agenda(s).
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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.
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Published: September 18, 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
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.
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Published: October 7, 2021
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.
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Published: September 14, 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
Virtual Individual Pre-Retirement Counseling Sessions
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Tags: Pre-Retirement
Published: August 26, 2022
Published: August 26, 2022
Pre-Retirement Workshop @ TRS Atlanta Office
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Tags: Pre-Retirement
Published: September 6, 2022
Published: September 6, 2022
Pre-Retirement Workshop @ TRS Atlanta Office
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Tags: Pre-Retirement
Published: September 8, 2022
Published: September 8, 2022
Statewide Pre-Retirement Counseling Sessions
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Tags: Pre-Retirement
Published: September 16, 2022
Published: September 16, 2022
Half-Day Pre-Retirement Seminar @ Central Georgia Technical College
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Tags: Pre-Retirement
Published: October 25, 2022
Published: October 25, 2022
Pre-Retirement Workshop @ the Atlanta TRS Office
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Tags: Pre-Retirement
Published: January 11, 2023
Published: January 11, 2023
Pre-Retirement Workshop @ the Atlanta TRS Office
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Tags: Pre-Retirement
Published: January 11, 2023
Published: January 11, 2023
Pre-Retirement Workshop @ the Atlanta TRS Office
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Tags: Pre-Retirement
Published: February 6, 2023
Published: February 6, 2023
Virtual Pre-Retirement Workshop on YouTube
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Tags: Pre-Retirement
Published: February 20, 2023
Published: February 20, 2023
Post-Retirement Half-Day Seminar @ Chattahoochee Technical College
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Tags: Retiree
Published: May 2, 2023
Published: May 2, 2023