Retirement Payments by County of Residence Number of FY17 Total County Retirees Gross Pay Appling 297 Atkinson 92 Bacon 143 Baker 33 Baldwin 772 Banks 206 Barrow 679 Bartow 987 Ben Hill 272 Berrien 244 Bibb 1,886 Bleckley 274 Brantley 143 Brooks 187 Bryan 323 Bulloch 1,364 Burke 274 Butts 287 Calhoun 123 Camden 386 Candler 160 Carroll 1,806 Catoosa 477 Charlton 90 Chatham 2,887 Chattahoochee 32 Chattooga 309 Cherokee 2,157 Clarke 3,245 Clay 54 Clayton 1,223 Clinch 103 Cobb 5,762 Coffee 521 Colquitt 578 Columbia 2,328 Cook 213 Coweta 1,381 Crawford 208 Crisp 327 $ 11,051,086 3,371,895 5,125,016 1,055,668 27,342,811 6,817,685 22,538,356 34,581,503 9,511,355 8,477,200 68,302,152 9,498,766 5,137,938 6,581,009 10,563,472 49,886,805 8,990,922 10,664,527 4,028,838 13,838,979 5,235,065 65,033,956 16,248,069 3,519,674 103,720,452 1,105,583 10,390,517 80,032,456 140,968,023 2,020,784 45,648,312 4,324,728 217,979,064 18,696,904 20,728,574 84,745,991 7,427,293 51,509,384 7,390,780 11,890,464 Number of FY17 Total County Retirees Gross Pay Dade Dawson Decatur DeKalb Dodge Dooly Dougherty Douglas Early Echols Effingham Elbert Emanuel Evans Fannin Fayette Floyd Forsyth Franklin Fulton Gilmer Glascock Glynn Gordon Grady Greene Gwinnett Habersham Hall Hancock Haralson Harris Hart Heard Henry Houston Irwin Jackson Jasper Jeff Davis 122 314 360 5,949 264 130 1,663 969 193 8 432 301 379 141 364 1,769 1,403 1,052 374 7,171 408 42 1,312 562 289 293 4,653 627 1,934 147 356 409 291 100 1,851 1,413 109 1,038 193 152 $ 3,833,167 13,015,106 13,029,312 255,434,215 9,428,353 4,672,384 64,131,685 35,173,086 6,882,556 275,900 12,937,167 9,844,198 13,857,205 4,901,605 13,497,414 70,929,400 53,901,357 38,347,025 13,514,237 316,822,791 15,204,880 1,315,086 50,172,894 19,364,938 10,520,357 12,537,522 176,063,464 22,027,663 76,174,566 4,377,407 11,884,290 15,173,598 11,668,253 3,005,428 68,444,029 53,619,812 3,962,001 37,515,435 6,849,511 5,774,214 Retirement Payments by County of Residence County Number of FY17 Total Retirees Gross Pay County Number of FY17 Total Retirees Gross Pay Jefferson Jenkins Johnson Jones Lamar Lanier Laurens Lee Liberty Lincoln Long Lowndes Lumpkin Macon Madison Marion McDuffie McIntosh Meriwether Miller Mitchell Monroe Montgomery Morgan Murray Muscogee Newton Oconee Oglethorpe Paulding Peach Pickens Pierce Pike Polk Pulaski Putnam Quitman Rabun Randolph 214 128 125 232 237 75 720 307 324 163 60 1,672 481 161 801 86 317 183 243 87 268 296 143 369 344 2,580 836 1,250 290 670 603 641 275 264 486 150 369 37 279 93 $ 7,348,689 4,312,501 4,442,747 8,603,874 8,574,247 2,377,568 26,308,972 11,056,344 11,176,762 6,148,478 1,870,790 59,865,859 18,016,141 5,307,271 23,638,539 2,718,770 11,307,686 6,254,442 8,861,772 3,068,108 8,993,343 10,802,054 5,071,403 14,453,498 13,089,556 94,383,910 30,594,773 53,094,326 9,483,316 21,833,731 23,182,364 25,442,675 8,961,307 8,839,133 18,362,004 5,428,660 14,272,203 1,280,065 11,697,613 3,387,147 Richmond Rockdale Schley Screven Seminole Spalding Stephens Stewart Sumter Talbot Taliaferro Tattnall Taylor Telfair Terrell Thomas Tift Toombs Towns Treutlen Troup Turner Twiggs Union Upson Walker Walton Ware Warren Washington Wayne Webster Wheeler White Whitfield Wilcox Wilkes Wilkinson Worth Outside GA 2,850 835 57 230 134 886 422 76 521 83 22 203 117 190 128 738 845 365 249 102 797 182 79 394 376 602 1,155 567 60 275 391 26 94 472 943 153 175 133 227 11,086 $ 94,627,293 31,330,627 1,839,742 7,892,432 4,720,756 31,490,679 15,767,739 2,628,198 20,138,469 2,341,014 667,564 7,097,101 4,291,674 6,658,763 4,485,031 26,658,909 30,782,365 13,560,700 9,488,223 3,487,860 29,956,101 5,910,323 2,954,818 15,244,543 13,116,360 20,181,978 42,175,113 20,788,957 2,085,473 9,949,906 13,082,513 846,521 3,650,650 17,459,408 35,687,736 5,816,998 6,090,232 4,306,501 7,880,589 494,006,197 TOTALS 122,629 $ 4,461,124,000 The Economic Impact of Teachers Pensions in Georgia 404-352-6500 www.trsga.com TRS at a Glance For the first time in history, TRS has exceeded $76 billion in Net Assets. Top $76 10 1/3rd billion trustees The Multiplier Effect Pensions generate spending and the economic impact of retired educators throughout Georgia is significant. Each $1 in state and local pension benefits paid to Georgia residents ultimately supports $1.43* in total output in the state. This "multiplier" incorporates the direct, indirect, and induced impacts of retiree spending, as it ripples through the state economy. Economic Impact of Retired Educators In fiscal year 2017, TRS paid $4.5 billion to its retirees. TRS pension benefits helped create more than 54,000 jobs in Georgia. These pension benefits supported approximately $6.65 billion in total economic output. At 79.3%, the TRS funding ratio is ranked in the Top 1/3rd of all pension systems in the U.S. Administered by Board of Trustees 5 Governor Appointees 2 Ex-Officio 1 Board of Regents 2 Trustee Appointees Member Stats as of 12/31/2017 28 years .............................................................Average benefit of all retirees 222,918 .................................................................Number of active members 59 years ..................................................................Average age at retirement 30.5 years ............................................Average years of service at retirement 7,000 .......................................................Average number of retirees per year 122,629 ................................................................Number of retired members $3,213/mo or $38,556/year ............................Average benefit for all retirees $4.5 billion ...............................Benefits paid to all retirees in fiscal year 2017 *www.nirsonline.org Did you know... investment income accounts for the majority of a member's pension income?