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.
TRSL diversifies its portfolio among thousands of individual investments. These investments are grouped into assets classed by geographic location (domestic and international), investment ownership (equity and fixed income), and marketability (public and private). Asset classes enable TRSL to compare its performance to a standard benchmark and to monitor its diversification.
TRSL Investment Overview as of March 31, 2013 (in millions)