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The entrance to the T.R.S. Building on Red River Street in Austin. Teacher Retirement System of Texas (TRS) is a public pension plan of the State of Texas.Established in 1937, TRS provides retirement and related benefits for those employed by the public schools, colleges, and universities supported by the State of Texas and manages a $180 billion trust fund established to finance member benefits.
The Illinois General Assembly created the Teachers’ Retirement System of the State of Illinois (TRS or the System) in 1939 for the purpose of providing retirement annuities, and disability and survivor benefits for educators employed in public schools outside the city of Chicago. The System's enabling legislation is in the Illinois Pension ...
Oklahoma Teachers' Retirement System. Oklahoma Teacher's Retirement System (OTRS) is the pension program for public education employees in the State of Oklahoma. As of June 30, 2014, the program had nearly 168,000 members. [1] Public education teachers and administrators are required to be OTRS members; support staff can join voluntarily. [1]
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One of the things the TRS can do for the REITs is to hold assets on their account, assets which can be acquired by the REIT itself. Aside from the former, TRS can be created by the REITs to manage service incomes like rents for use of real property, charges for services connected to rental real property, and rent related to personal property. [3]
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A swap agreement in which one party makes payments based on a set rate, either fixed or variable, while the other party makes payments based on the return of an underlying asset, which includes both the income it generates and any capital gains. In total return swaps, the underlying asset, referred to as the reference asset, is usually an ...
Telecommunications relay service. A telecommunications relay service, also known as TRS, relay service, or IP-relay, or Web-based relay service, is an operator service that allows people who are deaf, hard of hearing, deafblind, or have a speech disorder to place calls to standard telephone users via a keyboard or assistive device.