Teachers Retirement System sees double-digit growth
This marked the second consecutive year of double-digit growth, and both returns exceeded the prior year's figures of 10.61% and 11.94% respectively.
Returns for the Teachers' Retirement System of the
TRS's annuity investments were in the top decile for both the most recent year, at 10 percent, and the 10-year period, at 7 percent. The returns were in the top 12 percent for the five-year period and in the top half for the three-year period. All rankings are according to
During the year, TRS benefitted from another year of full funding from the state budget.
"Another strong year in the markets resulted in great returns for retired teachers," TRS Executive Secretary
TRS, which is regulated under state and federal law, manages
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