The Teacher Retirement System of Texas (TRS) held a Board of Trustees meeting today to discuss the annual actuarial valuation, as well as the implementation of its changes to the retiree health care program, TRS-Care.
The annual actuarial valuation stands as important point for TRS to review and evaluate the pension fund’s performance. The pension fund saw substantial gains this year, with a 12.9 percent growth. The pension fund is ending 2017 with a market value of $147 billion. Last year, that figure stood at $134 billion.