Founded in 1937, the Teacher Retirement System of Texas is a pension trust fund that invests and manages assets held in trust for members and beneficiaries in accordance with the applicable fiduciary principles. It offers a range of retirement and related benefits authorized by law for members and their beneficiaries. The system employs a work force of more than 850,000 people and serves over 1 million members. It is one of the largest public retirement systems in Texas. The Teacher Retirement System of Texas provides service and disability retirement benefits, as well as administers a health insurance program for public school retirees and employees. It also features TRS-ActiveCare, which is a health benefit program for eligible public school employees. The system manages nearly $70 billion trust fund established to finance member benefits.
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