TRS update: The vote is in
Retirement | TRS | Social Security
Date Posted: 7/27/2018 | Author: Monty Exter
After taking testimony from many active and retired educators and those who advocate for them, including ATPE, the TRS board of directors deliberated today and ultimately adopted an assumed rate of return of 7.25%, down from 8% currently.
TRS has provided this infographic to help interested parties better understand the reasons behind the move to a new rate and address some questions related to change.
One thing is certain: the ball is now firmly in the legislature's court to properly fund the TRS pension through increased compensation rates. Educators who are interested in the health of the fund should keep that in mind at the ballot box in November.
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