In a TRS board meeting held on June 24, 2020, the TRS Board of Trustees adopted the following maximum salary increases for FY 2021 that can be used by the Teachers Retirement System of Georgia (TRS) to compute a member’s highest two-year average salary:
|Employees of the Board of Regents||2.50% (0.0% + 2.50%)|
|All Others||2.50% (0.0% + 2.50%)|
These percentages are in accordance with Georgia Law [O.C.G.A. § 47-3-120(d)] and apply only to TRS members whose current date of membership is on or after July 1, 1984.
The memo can be viewed by clicking here.