Quick Reads
April 2024
Spring has sprung in Texas, and your pension fund is excited to show our newest colors, too! Appreciate these fresh snippets that display our ongoing growth!
- Serving more than 2 million members
- Paying more than $1B in annuity payments every month
- Issuing more than 500K annuity payments every month
- Paying $15 million per day in medical claims through TRS health plans
In fiscal year 2023, which ended Aug. 31, TRS paid a bit more than $12.1 billion in annuities to retirees and their beneficiaries. That’s a growth of about 5% from fiscal year 2022.