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TRS Certifies $6.04 Billion State Contribution for Fiscal Year 2024
SPRINGFIELD, IL – The Teachers’ Retirement System Board of Trustees certified a $6.04 billion state government contribution for the System in fiscal year 2024.
Tier 1 Retired
Tier 1 members in Teachers' Retirement System of the State of Illinois first contributed to TRS before Jan. 1, 2011 or have pre-existing creditable service with a reciprocal pension system prior to Jan. 1, 2011. Retired TRS Tier 1 members collect a lifetime monthly retirement benefit. Members cannot outlive their benefits.