Teacher Retirement System of Texas
Industry: Asset Management
Annual Revenue Estimate: NA
Email Convention: <first>.<last>@trs.state.tx.us
Overall Ranking (85%)
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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 the sixth largest public pension plan in the U.S. and is among the 20th largest in the world. The agency serves more than 1.3 million people - 1,003,655 are public and higher education members, and 331,747 are retirement recipients. System net assets total approximately $119.7 billion
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1000 Red River Street, Austin, TX, 78701, United States