Teacher Retirement Falls Short Again

posted by Scott Ryfun - 

Georgia Taxpayers will have to ante up $223 million this year into the state’s Teacher Retirement System. The TRS ended fiscal 2016 with less assets than it had two years ago. State Sen. Hunter Hill of Atlanta would like to change retirement benefits for newly hired teachers but his idea doesn’t get traction. Since 2010 taxpayers have paid a total of $884 million into both the Teacher Retirement System and State Employees Retirement System.

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