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TRS Sets Preliminary FY21 State Contribution at $5.1 Billion; FY19 Net Investment Return was 5.1%
SPRINGFIELD, IL – The Teachers’ Retirement System Board of Trustees has given preliminary approval to a $5.14 billion state contribution to the System for fiscal year 2021, a 6.9 percent increase over the current fiscal year’s government contribution of $4.81 billion.
Tier 1 Accelerated Annual Increase (AAI) Program
The program detailed in the below brochure is optional. The program expires June 30, 2026 or earlier if designated funds for the program are not available.
Chapter 10: Reciprocal Service
If you have service in more than one public retirement system in Illinois, you may qualify for enhanced retirement and survivor benefits by selecting a reciprocal retirement.
Reciprocity offers the following advantages:
Chapter 10: Reciprocal Service
If you have service in more than one public retirement system in Illinois, you may qualify for enhanced retirement and survivor benefits by selecting a reciprocal retirement.
Reciprocity offers the following advantages: