Teachers Retirement System of Georgia

Name

Teachers Retirement System of Georgia

Legal name

Teachers Retirement System of Georgia

Website

https://trsga.com

Company type

Public

Founded year

1943

Operating status

Operating

Headcount range

51–100 employees

Short description

TRS is a Georgia state-defined benefit pension system providing retirement, disability, and survivor benefits to over 500,000 public K-12 teachers and University System of Georgia employees, managing $100B+ in assets and distributing $5B+ in annual retiree payroll.

Ownership category

akta.pro rank

Product category

Public Pension Administration

NAICS

Pension Funds (52511), Insurance and Employee Benefit Funds (5251)

akta.pro primary industry

Pensions & Retirement Benefits Administration (BPAIAKAA)

akta.pro secondary industries

Employee Benefit & Retirement Plan Trust Services (FSAAANAC), Benefits Administration (BPACAPAC)

Keywords

• Public pension administration
• Defined benefit retirement
• Pension fund management
• Retirement benefits services
• Disability retirement benefits

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Others, Marketing or Sales

Revenue model

1. Member Contributions: TRS is funded through mandatory employee and employer contributions. Employee contribution rate is 6.00% of earnable compensation for FY2028 (effective July 1, 2027). Employer contribution rate is 22.32% for FY2028. Contributions accumulate in the pension fund which is invested to generate returns for future benefit payments.
2. Investment Returns: TRS manages a pension fund that generates investment returns through diversified portfolio management including alternative investments. The fund outpaced all other state pension plans with 14.5% return in FY2024 and 11.9% in FY2023.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Teachers Retirement System of Georgia (TRS) administers a defined benefit pension plan (401(a)) that provides guaranteed lifetime monthly retirement benefits, survivor benefits, and disability protection to eligible Georgia public school teachers, University System of Georgia employees, and other designated educational personnel. The system is funded through mandatory employee and employer contributions and managed through diversified investment of the pension fund, serving over 500,000 active, retired, and survivor members with annual retiree payroll exceeding $5 billion.

Product overview

Teachers Retirement System of Georgia (TRS) is a defined benefit pension plan (401(a)) that administers retirement, disability, and survivor benefits for public school teachers and educational personnel in Georgia. The system serves over 500,000 members including active members, retirees, and survivors, with annual retiree payroll exceeding $5 billion. The core product offering centers on the TRS Online Member Portal (My TRS Login) through which members manage accounts, generate benefit estimates, and apply for retirement. The TRS portfolio includes two main retirement plan structures—Plan A (Maximum Plan, providing benefits to the member only) and Plan B (Survivor Benefit Plan with multiple beneficiary options)—plus a Partial Lump-Sum Option Plan (PLOP). Supporting services include the Pension Calculator for estimating benefits, Service Credit Purchase Programs for purchasing additional qualifying service, and a comprehensive Events Program with New Hire, Mid-Career, Pre-Retirement, and Retiree workshops. TRS also provides educational content through TRS Talks video series and Your Retirement in Focus podcast, along with publications including the Member's Guide and Annual Comprehensive Financial Report.

Differentiator

Problem solved

Functional benefit

Products and services

• Plan A (Maximum Plan of Retirement) Defined benefit retirement plan that provides the maximum monthly lifetime benefit to the member only, with no survivor benefits transferred to beneficiaries upon the member's death. Available to eligible TRS members in Georgia public schools, the University System of Georgia, and other designated educational employers.
• Plan B (Survivor Benefit Plan) Defined benefit retirement plan with multiple options (Options 1, 2, 2 Pop-Up, 3, 3 Pop-Up, and 4) that provide monthly survivor benefits to designated beneficiaries after the member's death. Available to eligible TRS members in Georgia public schools, the University System of Georgia, and other designated educational employers.
• TRS Online Member Portal (My TRS Login)

Quantifiable outcome

• 14.5% return in FY2024, outpacing all other state pension plans nationally
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability5 records

Partnerships

Four partnerships are on record, tiered core.

• Georgia Department of EducationcoreStrategic or Co-development Partner · 5 June 2026Collaboration on Senate Bill 150 (Teacher Return to Work) effective July 1, 2026. Joint effort to provide guidance and support materials for local school systems regarding expanded return to work provisions.
• Georgia Professional Standards CommissioncoreStrategic or Co-development Partner · 5 June 2026Collaboration with Georgia Department of Education and TRS on Senate Bill 150 implementation, providing updates, resources, and support materials for educators returning to work.
• Georgia School Districts (Covered Employers)coreChannel Partner/ Reseller/ DistributorPublic school employers throughout Georgia that report employee contributions and enroll eligible employees in TRS. They facilitate member access to retirement benefits and participate in TRS outreach events.
• University System of GeorgiacoreChannel Partner/ Reseller/ DistributorSystem of public colleges and universities that participate in TRS for eligible employees, reporting contributions and facilitating retirement benefits.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• North Carolina Retirement Systems: North Carolina Retirement Systems administers defined benefit pensions for teachers and state employees. It is broadly comparable to TRS for the teacher segment but is not educator-exclusive.
• Virginia Retirement System (VRS): VRS administers pension and other benefits for Virginia public sector employees including teachers. Its hybrid DB/DC model and broader public-sector coverage make it a broader incumbent comparable rather than a direct peer.
• CalPERS: CalPERS is the largest U.S. public pension fund, covering California state, school, and public agency employees. Comparable to TRS on the education member segment and investment scale, but broader in mandate and membership.
• Florida Retirement System (FRS): FRS administers defined benefit and investment plan options for Florida's public employees across education, state, and county employers. It is comparable to TRS on the educator pension segment but broader in scope, covering all state workers.

Direct peers

• Texas Teacher Retirement System (TRS): Texas TRS administers defined benefit retirement and disability benefits for Texas public education employees, mirroring TRS Georgia's structure, benefit design, and target member population on a much larger scale.
• Teachers' Retirement System of the State of Illinois (TRS Illinois): TRS Illinois provides retirement benefits for Illinois educators outside Chicago. Its defined benefit structure, educator-only membership, and statewide scale closely mirror TRS Georgia, though it has historically faced significant funding challenges.
• New York State Teachers' Retirement System (NYSTRS): NYSTRS serves public school teachers outside New York City, offering defined benefit pensions and ancillary benefits. Its plan design, governance model, and K-12-only membership align closely with TRS Georgia.
• California State Teachers' Retirement System (CalSTRS): CalSTRS is the largest U.S. teacher pension fund, providing defined benefit retirement benefits to California's public school educators. It is the most direct comparable to TRS in mission, plan design, and member demographic.
• Pennsylvania Public School Employees' Retirement System (PSERS): PSERS administers defined benefit pensions for Pennsylvania public school employees. It is directly comparable in member demographic, defined benefit plan design, and statewide education-sector coverage.
• State Teachers Retirement System of Ohio (STRS Ohio): STRS Ohio provides pension and retiree health care benefits to Ohio's public school teachers. Its defined benefit structure, educator-only membership, and statewide scale make it a near-twin comparator to TRS Georgia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/TRSGeorgia
• Facebookfacebook.com/trsgeorgia
• LinkedInlinkedin.com/company/state-of-georgia-teachers-retirement-system-of-georgia

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Teachers Retirement System of Georgia