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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.
[6] [7] Following Bridgewater, Harris was appointed chief investment officer of the Teacher Retirement System of Texas (Also known as TRS), Texas' pension plan for public teachers. [8] During Harris' tenure at TRS, the value of their pension fund grew from $67 billion at the time of the 2007-2008 financial crisis , to $140 billion at the time ...
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
There are 450,000 current retirees in the Teacher Retirement System. Lee said 150,000 of them have an annuity that's $1,500 a month or less. Of that group, 131,000 make $1,000 a month or less.
With over 37 years of teaching experience in Texas, I've weathered my fair share of challenges in public education. While retirement has been enjoyable, my connection to our schools has remained ...
The recent purchase is part of the agency's plan to spend up to $300 million on a new headquarters complex outside of downtown Austin.
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