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- Teacher Retirement System of Texas
Teacher Retirement System of Texas Overview
The Teacher Retirement System of Texas is responsible for investing funds under its stewardship and for delivering benefits to members as authorized by the Texas Legislature. TRS is a defined benefit plan, with retirement benefits determined by a pre-established formula. The trust fund is sustained principally by three sources -- contributions by members during their working careers, contributions by the state, and investment revenues.
TRS is the largest public retirement system in Texas in both membership and assets. It is a $153 billion dollar trust and serves more than 1.5 million people.