Contribution Confirmation
TRS employers may wish to confirm with TRS totals that have been remitted for or during a fiscal year. TRS encourages employers to obtain the information directly from the secure Employer Access area of the TRS website. Under Accounting in the left navigation bar, select "Accounts" to view totals or select "Reports" to print totals. One of the reports available is a Fiscal Year Contribution Totals Report (available to employers from April 1 through December 31). Employers should provide that report to auditors requesting remittance information.
Contribution Rates
| Contribution Type | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 |
|---|---|---|---|---|---|---|---|
| TRS Contributions | |||||||
| Member TRS retirement contribution | 9.0% | 9.0% | 9.0% | 9.0% | 9.0% | 9.0% | 9.0% |
| Employer TRS retirement contribution | 0.58% | 0.58% | 0.58% | 0.58% | 0.58% | 0.58% | 0.58% |
| Employer TRS contribution on federally-funded salary |
9.85% | 10.66% | 10.41% | 10.31% | 10.49% | 10.60% | 10.34% |
| THIS Fund Contributions | |||||||
| Member THIS (insurance) contribution | 1.24% | 1.24% | 1.24% | 0.90% | 0.90% | 0.90% | 0.90% |
| Employer THIS (insurance) contribution | 0.92% | 0.92% | 0.92% | 0.67% | 0.67% | 0.67% | 0.67% |
Earnings Limitations
The limitations will change each year.
| Earnings Limitations | 2019-20 | 2020-21 | 2021-22 |
2022-23 |
2023-24 | 2024-25 |
|---|---|---|---|---|---|---|
| Tier 1 Members* | $280,000.00 | $285,000.00 | $290,000.00 | $305,000.00 | $330,000.00 | $345,000.00 |
|
Tier 2 Members** |
$115,928.92 | $116,740.42 | $116,740.42 | $119,892.41 | $123,489.18 | $125,773.73 |
|
An employer contribution is due on any portion of a member’s salary that is greater than the governor’s statutory salary. The governor’s statutory salary is subject to change annually. |
||||||
| Governor's Annual Salary | $177,500.00 | $181,700.00 | $184,800.00 | $205,700 | $217,100 | $226,800 |
*Established TRS membership after June 30, 1996. First contributed to TRS or a reciprocal system before Jan. 1, 2011.
**Applicable only to members establishing membership with TRS or a reciprocal system after December 31, 2010.