TRS Offices Now Open
As of April 19, 2021, TRS offices are open 8:00 a.m. to 4:00 p.m. Monday through Friday (except State holidays). In-person appointments will not resume until further notice.
If you visit us in Helena, please observe any signs posted on the front door regarding masks and other protocols. Questions? Call us: (406) 444-3134 or (866) 600-4045...Read more
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How Is TRS Funded?
We've created a handout to help answer that question. If you're worried about the financial stability of TRS, this document is for you! Click the image below to read or print a copy.
Public pensions contribute to the state and local economy
TRS paid out more than $384 millon to TRS retirees and other benefit recipients in fiscal year 2020. The bulk of that amount – over $320 million – was paid to 13,570 individuals living right here in Montana. As noted in the Montana fact sheet (pdf) published by the National Institute on Retirement Security (NIRS), "Each dollar paid out supports $1.21 in total economic activity in Montana."
School Boards page
Are you a Montana public school board member? TRS has created an informational webpage just for you.
The TRS Mission
Our mission is to promote long-term financial security for our members while proactively maintaining the stability of the system.
The most common sources of income for retirees in the U.S. are Social Security and personal savings (including investments). TRS members have the added security of a defined benefit pension plan in which the monthly benefit amount is based on both their years of service and their average final compensation. Defined benefits are guaranteed for the member's lifetime.
All TRS members contribute a percentage of their earned income as a share of the funding for their retirement, disability, and death benefits. TRS employers also contribute a share based on their employees' total earned income. The employer contributions go into a statewide pool and those pooled funds are invested by the Montana Board of Investments to provide long-term funding for TRS benefits.
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