Teachers’ Retirement System’s Supplemental Savings Plan – Questions Remain, Guidance Will Follow

Public Act 100-0769, enacted into law on August 10, 2018, requires the Teachers’ Retirement System to offer a supplemental savings defined contribution plan to all active TRS members. On January 1, 2021, TRS announced that it was close to introducing its first-ever defined contribution plan, which it referred to as the TRS Supplemental Savings Plan [...]