TRS Offices Are Open
The TRS office is now open 8:00 a.m. to 5:00 p.m. Monday through Friday, except State holidays. Limited in-person appointments are available by appointment only. Please observe any signs that may be posted regarding masks and other protocols... Read more
Questions? Call us: (406) 444-3134 or (866) 600-4045.
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.
»  Final Update from the 67th Montana Legislature  «
Public pensions contribute to the state and local economy
It is estimated that each dollar paid out by Montana's public pensions supports $1.21 in total economic activity. (Source: National Institute on Retirement Security, Montana Fact Sheet)
In fiscal year 2021, TRS paid out just under $400 million in benefits, with the bulk of that amount – over $335 million – paid to 13,930 recipients living right here 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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