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Teachers Retirement System Board of Trustees Meeting Report - November 2023

Teachers Retirement System (TRS) held its bimonthly board meeting Nov. 15, 2023. The board heard from the Financial Services Division, which discussed KPMG’s unmodified opinion of the 2023 Annual Comprehensive Financial Report, issued on Sept. 29, 2023. The TRS net position at the end of October was $88,890,604,613.


Financial Statement

  • TRS net position in Sept. 2022 was $82,190,793,258

  • TRS net position in Sept. 2023 was $91,387,197,943

  • TRS net position in Oct. 2022 was $86,466,927,747

  • TRS net position in Oct. 2023 was $88,890,605,613

Membership Report

There are currently 293,785 active members with 251,171 actively contributing. There are 148,940 retirees.


At the end of November, there were 133,605 service retirees. They receive an average monthly benefit of $3,562, and their average age at retirement is 60.


Annual Comprehensive Financial Report

To view the TRS Annual Comprehensive Financial Report, click here.


Board Meetings in 2024

Below is the board meeting schedule for 2024. All board meetings take place in the TRS conference room at Two Northside 75, Atlanta, GA 30318.


  • Jan. 24, 2024

  • March 27, 2024

  • May 15, 2024

  • July 24, 2024

  • Sept. 25, 2024

  • Nov. 20, 2024



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