Teachers Retirement System (TRS) - TRS is a defined benefit plan. An active member contributes 6% of his or her gross monthly salary into the retirement plan. For employees who were members prior to July 1, 1991, the employer contributes an additional 15% of the member’s gross monthly salary into the plan. For member’s hired for the first time on or after July 1, 2005 or for member’s who transferred from the Teachers’ Defined Contribution (TDC) System, the employer contributes an additional 7.5% of the member’s gross monthly salary into the plan.
Teachers Defined Contribution Retirement System (TDC) - TDC is a multiple employer governmental defined contribution money purchase pension plan, qualified under section 401(a) for employees who were hired between July 1, 1991 and June 30, 2005 or older employees who transferred to it. It is closed to new membership
PEIA /Humana - Retiree insurance information