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Current company Teacher Retirement System of Texas
Government Administration · 1.4K employees · Founded 1937 · Austin, Texas, United States
The Teacher Retirement System of Texas (TRS) is responsible for investing funds under its stewardship and for delivering benefits to members as authorized by the Texas Legislature. Our mission is to improve the retirement security of Texas educators by prudently investing and managing trust assets and delivering benefits that make a positive difference in members’ lives. 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 was founded more than 85 years ago and has $225 billion in assets, making it the largest public retirement system in Texas in both membership and assets. It is the 6th largest public pension plan in the U.S. and is among the 20th largest in the world. The agency serves over 2.1 million people, of which over 1 million are public and higher education members and over 400,000 are retirement recipients and beneficiaries.
The Teacher Retirement System of Texas is constantly growing and looking for bright and talented individuals to join several departments, including Pension Services, Investment Management, Health, Organizational Excellence, IT, Legal and Compliance, and many more. TRS employees work in a culture of trust and collaboration and pride themselves in making a profound impact in the lives of Texas public education teachers. Additionally, TRS has the received the Top Workplaces USA award nearly consistently from 20••••25, which can be attributed to its great leaders and employees. TRS is truly a great place to work and grow.