Retirement security in a changing world
TRSL is the state's largest public retirement system, providing services and benefits to more than 160,000 individuals. Founded in 1936, TRSL is a governmental defined benefit plan qualified under Section 401(a) of the Internal Revenue Code as a public trust fund to provide retirement benefits for its members. TRSL is funded by member and employer contributions and earnings from investments. TRSL is governed by a 17-member Board of Trustees.
Our goal is to provide exceptional member services, including accurate and timely benefit payments to all eligible retirees, beneficiaries, and survivors.
If the position is half-time or less, temporary, or seasonal, the employee could not join TRSL unless they had already accumulated 10 years of TRSL service credit, or had already accumulated five years or more if a “classroom teacher,” or are also contributing at the same time on full-time employment at another employer. If the employee previously elected to join the Optional Retirement Plan (ORP) while employed by a state college or university, he or she is ineligible to join TRSL; however, the employee must continue participation in ORP. The position may be half-time or less, temporary, or seasonal.
If the employee is a TRSL retiree, they generally do not become a TRSL member again.
If the new employee is already a member of another public retirement system, they may be able to retain their membership in their previous retirement system.