Retirement Payments by County of Residence County Number Number Number of FY20 Total of Active Number of FY20 Total of Active Retirees Gross Pay MembersCounty Retirees Gross Pay Members Appling 346 Atkinson 96 Bacon 180 Baker 54 Baldwin 829 Banks 209 Barrow 801 Bartow 1,145 Ben Hill 286 Berrien 269 Bibb 1,992 Bleckley 323 Brantley 194 Brooks 257 Bryan 361 Bulloch 1,576 Burke 338 Butts 283 Calhoun 106 Camden 486 Candler 205 Carroll 1,962 Catoosa 653 Charlton 108 Chatham 3,241 Chattahoochee 31 Chattooga 334 Cherokee 2,723 Clarke 3,397 Clay 60 Clayton 1,541 Clinch 115 Cobb 6,877 Coffee 594 Colquitt 679 Columbia 2,503 Cook 256 Coweta 1,687 Crawford 208 Crisp 348 $ 12,885,085 3,599,280 6,499,138 1,828,138 29,630,420 7,147,931 26,848,868 40,384,067 9,546,641 8,983,020 72,800,338 10,721,555 6,579,666 8,686,815 11,534,207 57,762,453 11,005,920 10,408,774 3,715,469 16,835,843 6,788,082 70,445,923 21,956,250 3,739,147 118,135,246 $1,139,647 11,220,165 101,013,998 149,139,534 2,336,489 54,151,787 4,496,484 262,900,970 21,510,983 24,428,501 92,006,837 $8,852,775 63,387,240 6,902,160 13,089,605 531 200 304 68 1,547 435 2,453 2,414 410 529 3,122 444 443 307 1,301 3,531 637 519 113 1,149 311 3,714 1,580 191 6,541 83 440 6,909 7,517 50 5,563 185 17,867 1,109 1,165 4,956 485 3,895 235 435 Dade 136 Dawson 313 Decatur 382 DeKalb 6,681 Dodge 315 Dooly 157 Dougherty 1,659 Douglas 1,060 Early 236 Echols 46 Effingham 587 Elbert 334 Emanuel 428 Evans 169 Fannin 449 Fayette 2,027 Floyd 1,649 Forsyth 1,727 Franklin 386 Fulton 6,892 Gilmer 515 Glascock 33 Glynn 1,517 Gordon 639 Grady 358 Greene 345 Gwinnett 6,099 Habersham 684 Hall 2,567 Hancock 205 Haralson 398 Harris 637 Hart 464 Heard 137 Henry 2,124 Houston 1,776 Irwin 175 Jackson 1,128 Jasper 219 Jeff Davis 178 $ 4,364,037 12,562,001 13,854,111 290,494,765 10,841,539 5,660,116 64,189,457 38,153,541 8,946,255 1,362,756 17,766,485 10,934,589 15,797,815 5,627,639 16,641,615 83,220,583 64,261,010 64,657,731 14,162,766 303,498,886 19,270,908 $1,022,828 60,144,686 23,041,223 13,353,333 14,848,730 224,876,402 25,286,006 101,354,763 6,318,312 13,639,221 24,061,882 17,904,883 4,171,533 79,032,450 65,090,594 6,514,377 40,479,806 7,892,340 6,597,799 225 670 673 16,655 538 171 2,396 3,752 295 80 1,812 490 697 291 411 3,356 2,246 5,885 597 19,749 556 80 1,969 1,255 606 366 21,386 1,084 4,979 231 856 1,106 524 252 7,473 4,631 309 2,795 382 392 *number of active members who reside outside Georgia, but work for a TRS employer Retirement Payments by County of Residence Number Number Number of FY20 Total of Active Number of FY20 Total of Active County Retirees Gross Pay Members County Retirees Gross Pay Members Jefferson 243 Jenkins 145 Johnson 139 Jones 422 Lamar 274 Lanier 105 Laurens 809 Lee 457 Liberty 393 Lincoln 197 Long 84 Lowndes 1,760 Lumpkin 612 Macon 182 Madison 879 Marion 106 McDuffie 362 McIntosh 210 Meriwether 291 Miller 101 Mitchell 294 Monroe 455 Montgomery 171 Morgan 433 Murray 406 Muscogee 2,656 Newton 977 Oconee 1,583 Oglethorpe 522 Paulding 1,142 Peach 513 Pickens 734 Pierce 305 Pike 336 Polk 515 Pulaski 159 Putnam 446 Quitman 29 Rabun 349 Randolph 125 $ 8,350,798 5,222,896 4,872,157 15,822,784 9,852,791 3,617,299 30,444,577 16,426,937 12,706,126 7,605,478 2,496,798 63,394,950 22,227,176 5,934,667 26,407,876 3,142,324 12,999,301 7,253,482 10,508,294 3,530,619 9,980,911 17,087,535 6,489,039 17,336,392 15,418,753 97,001,576 34,780,770 70,804,657 16,698,027 37,157,038 20,061,567 29,299,438 10,430,464 11,757,120 19,784,872 5,853,638 17,349,621 862,329 14,674,641 4,369,557 344 224 213 833 496 226 1,275 1,151 1,192 199 407 3,532 1,141 227 1,417 146 514 259 339 149 520 630 275 671 779 3,999 3,213 2,779 692 4,977 654 711 579 603 928 200 593 22 333 210 Richmond 3,319 112,249,150 Rockdale 982 36,974,568 Schley 65 2,018,864 Screven 270 9,381,006 Seminole 166 5,690,895 Spalding 986 36,076,575 Stephens 405 15,230,831 Stewart 81 2,868,986 Sumter 582 22,143,015 Talbot 106 3,247,318 Taliaferro 21 702,853 Tattnall 230 7,965,274 Taylor 132 5,024,032 Telfair 187 6,843,409 Terrell 145 5,164,783 Thomas 759 28,552,201 Tift 916 34,186,635 Toombs 392 14,072,179 Towns 275 10,988,012 Treutlen Troup Turner Twiggs Union Upson Walker Walton Ware Warren Washington Wayne Webster Wheeler White Whitfield Wilcox Wilkes 117 916 178 99 467 450 659 1,194 583 77 309 450 37 105 549 1,049 156 192 3,915,351 33,911,525 5,943,635 3,214,006 17,932,051 15,579,108 21,859,772 43,818,370 21,379,025 2,622,218 11,325,628 14,891,778 1,357,479 4,099,425 20,880,928 40,513,136 6,063,508 6,637,851 Wilkinson 145 4,806,766 Worth 297 10,370,433 Outside GA 614,819,593 Total Gross Pay $ 5,192,282,664 4,714 2,754 161 407 183 1,398 562 71 861 121 21 562 199 259 185 1,170 1,515 707 216 175 1,510 241 138 467 691 1,266 2,643 919 125 511 755 61 139 683 2,063 179 245 216 465 The Economic Impact of Teachers Pensions in Georgia 404-352-6500 www.trsga.com TRS at a Glance TRS exceeded $81 billion in Net Assets. Top $81 10 1/3rd billion trustees At 76.7% as of 06/30/19, 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 Economic Impact of Retired Educators IN FISCAL YEAR 2020: TRS paid $5.19 billion to its retirees $1.84 billion supported local economies, jobs, and businesses throughout Georgia Pension benefits contributed to $7.48 billion in total economic output The Multiplier Effect Spending generated by TRS pensions have a significant economic impact throughout the state of Georgia. This "multiplier" incorporates the direct, indirect, and induced impacts of retiree spending, as it ripples through the state economy. Member Stats as of 06/30/201290 231,047 .................................................................Number of active members 59 years ..................................................................Average age at retirement 25.76 years ...............Average service credit at retirement for service retirees 88% .....................................................................TRS retirees living in Georgia 6,890 ...........................................................Number of retirees this fiscal year 135,649 ................................................................Number of retired members $3,190/mo or $38,280/year ............................Average benefit for all retirees Each $1 in state and local pension benefits paid to Georgia residents ultimately supports $1.44* in total output in the state. *based on a pension study by www.nirsonline.org Did you know... the majority of TRS' pension funding comes from investment income? INVESTMENT INCOME $20,589.19* 54% 36% 10% EMPLOYER CONTRIBUTIONS $13,688.21* STATE FUNDS ( 19%) $7,391.63* FEDERAL, LOCAL & OTHER (17%) $6,296.57* EMPLOYEE CONTRIBUTIONS $4,002.60* *Based on the average annual benefits TRS Members received in 2020.