Per 2019 legislation, contribution rates to the TRS pension fund will increase over the coming years.
Contributions to the Pension Fund (a percentage of salary) | |||||||
| 2022 | 2023 | 2024 | |||||
| State | 8.0% | 8.25% | 8.25% | ||||
| Active members | 8.0% | 8.25% | 8.25% | ||||
| School districts* | 1.8% | 1.9% | 2.0% | ||||
*Districts also contribute at the state rate on salary paid above the state required minimum salary. | |||||||
Employees contribute 0.65% of salary to the TRS-Care fund (retiree health insurance). The state contributes 1.25% of payroll, and school districts contribute 0.75%.
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