TRS held its bimonthly meeting on Sept. 27, 2023. The TRS net position in August was $95,126,417,982. July and August are the busiest months for TRS as it processes end-of-year retirements. The Macon office continues to see an increase in visits from TRS members. The board approved the adoption of the FY 2025 budget. TRS received its 35th consecutive Certificate of Achievement For Excellence in Financial Reporting from the Government Finance Officers Association.
Financial Statement
TRS net position in July of 2022 - $92,306,071,868
TRS net position in July of 2023 - $97,290,837,2127
TRS net position in August of 2022 - $89,013,399,581
TRS net position in August of 2023 - $95,126,417,982
Membership Report
There are currently 280,851 members in active status with 236,611 actively contributing. There are 148,582 retirees.
As of Sept. 1, there were 133,632 service retirees receiving an average monthly benefit of $3,566. The average years of service at retirement was 25.54 with an average age at retirement of 60.
Next TRS Meeting
The next TRS Meeting takes place Nov. 15, 2023.
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