Retirement Payments by County of Residence Number of FY18 Total County Retirees Gross Pay Appling 322 Atkinson 100 Bacon 143 Baker 34 Baldwin 817 Banks 171 Barrow 744 Bartow 1,080 Ben Hill 287 Berrien 261 Bibb 2,109 Bleckley 291 Brantley 156 Brooks 198 Bryan 365 Bulloch 1,409 Burke 253 Butts 314 Calhoun 131 Camden 427 Candler 173 Carroll 1,947 Catoosa 522 Charlton 99 Chatham 2,993 Chattahoochee 34 Chattooga 330 Cherokee 2,410 Clarke 3,392 Clay 62 Clayton 1,287 Clinch 112 Cobb 6,298 Coffee 554 Colquitt 617 Columbia 2,486 Cook 224 Coweta 1,508 Crawford 74 Crisp 337 $ 11,939,633 3,519,126 5,221,232 1,101,565 28,947,881 5,749,762 24,559,080 36,869,529 10,000,272 8,909,745 75,646,473 9,888,004 5,364,427 6,766,001 11,367,565 51,161,577 8,373,856 11,399,461 4,197,967 14,766,511 5,392,203 69,770,588 17,261,208 3,534,186 107,483,545 1,172,304 10,792,937 87,437,775 147,233,934 2,366,566 46,961,682 4,218,655 236,217,229 19,806,812 22,114,775 90,270,821 7,737,935 55,593,636 2,328,040 12,187,340 Number of FY18 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 126 333 370 6,622 276 140 1,711 1,025 197 9 539 318 442 153 384 1,897 1,494 1,165 400 7,006 442 41 1,386 595 305 291 5,145 665 2,128 147 344 596 310 112 2,031 1,538 115 1,181 251 163 $ 4,044,040 13,710,391 13,240,089 281,826,605 9,882,848 5,009,916 65,393,944 36,267,585 7,301,058 287,759 15,276,429 10,209,676 15,799,378 5,156,937 14,291,159 75,249,951 56,577,024 41,976,847 14,699,304 306,084,718 16,259,901 1,272,391 53,214,819 20,927,369 11,068,899 12,415,520 186,139,982 23,620,476 82,550,631 4,478,195 11,623,279 21,511,607 12,213,927 3,249,861 73,222,264 56,293,859 4,007,925 42,072,355 8,984,040 5,830,551 Retirement Payments by County of Residence County Number of FY18 Total Retirees Gross Pay Number of FY18 Total County 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 230 125 137 241 252 81 761 336 355 173 66 1,730 505 163 809 120 336 190 263 95 280 307 152 387 361 2,555 842 1,337 337 755 612 681 278 275 517 163 381 29 295 101 $ 7,961,550 4,378,742 4,839,517 8,993,719 8,929,196 2,567,402 27,675,704 11,835,270 11,652,350 6,601,890 2,006,059 61,280,688 18,822,273 5,490,858 23,915,877 3,511,993 12,028,765 6,679,472 9,162,277 3,259,138 9,449,835 11,339,800 5,278,351 15,083,321 13,821,571 92,192,707 29,997,157 56,935,995 10,858,953 23,971,926 23,509,690 26,613,650 9,077,551 9,499,620 19,390,596 5,863,816 14,730,014 924,122 12,463,615 3,589,096 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 2,927 886 63 246 153 930 438 80 546 54 20 213 127 195 132 782 904 394 258 106 836 184 87 431 395 638 1,303 585 65 290 412 28 102 501 988 156 184 150 242 15,115 $ 97,784,112 32,758,482 1,997,665 8,945,150 5,544,266 32,394,255 16,342,884 2,800,096 20,821,911 1,760,997 662,540 7,279,120 4,635,102 6,826,047 4,615,543 27,948,390 32,773,740 14,707,292 10,091,952 3,535,819 30,835,889 6,009,768 2,943,785 16,500,946 13,759,543 21,344,417 46,226,067 21,277,027 2,203,215 10,313,955 13,623,200 957,926 3,932,814 18,462,808 37,278,128 5,908,874 6,186,803 4,888,947 8,513,258 529,468,083 TOTALS 127,223 $ 4,699,920,191 The Economic Impact of Teachers Pensions in Georgia 404-352-6500 www.trsga.com TRS at a Glance TRS exceeded $75.6 billion in Net Assets. Top $75.6 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 $1.48* 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 2018, TRS paid $4.7 billion to its retirees. TRS pension benefits helped create more than 57,000 jobs in Georgia. These pension benefits supported approximately $6.91 billion in total economic output. At 74.2%, 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 10/31/2018 272,059 .................................................................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 128,268 ................................................................Number of retired members $3,298/mo or $39,576/year ............................Average benefit for all retirees $4.7 billion ...............................Benefits paid to all retirees in fiscal year 2018 *www.nirsonline.org Did you know... investment income accounts for the majority of a member's pension income?