TRS News

FY2027 Salary Limits & FY2028 Contribution Rates

Board of Trustees' Sets
FY2027 Salary Limits & FY2028 Contribution Rates
New

May 14, 2026

In its annual meeting held today, May 13, 2026, the Board of Trustees adopted the following maximum salary increases for FY 2027 that can be used by the Teachers Retirement System of Georgia (TRS) to compute a member’s highest two-year average salary:

Employees of the Board of Regents2.50%(0% + 2.50%)
All Others4.86%(2.36% + 2.50%)

These percentages are in accordance with Georgia Law [O.C.G.A. § 47-3-120(d)] and apply only to TRS members whose current date of membership is on or after July 1, 1984.

The Board of Trustees also adopted the employee and employer contribution rates for FY 2028. Effective July 1, 2027, the contribution rates will be:

Employee Rate6.00%
Employer Rate22.32%

The memo can be viewed by clicking here.