TRS Seminar

Monday, May 13th 
Gail Borden Public Library - Community Room
5-6 PM with time for questions at the end, refreshments will be served.

Teachers' Retirement Systems will be giving an update on the latest "pension reform" proposals including:

  • A reduction in the pension salary threshold from 6% to 3%
  • A limited one-time offer to all retiring Tier 1 members to trade their 3% compounded COLA for a 1.5% simple COLA plus money up-front
  • A limited offer to eligible inactive members to trade their participation in TRS for 60% of their actuarial benefit at retirement
  • Possible Hybrid Tier 3 plan
  • Other issues in the Capitol
  • Any impact recent changes in Arizona might have on Illinois' courts
  • Update on the TRS Funding and Investments

PLEASE NOTE: This is not the normal Benefits Update presentation that TRS holds in the fall every year. 

Register Here

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