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The Indiana State Teachers’ Retirement Fund (TRF) was created by the Indiana General Assembly in 1921. Today, TRF manages and distributes the retirement benefit of educators in all public schools, as well as some charter schools and universities, throughout Indiana.
The fund administers and manages several pension funds in the State of Indiana, the two largest of which are the Indiana State Teachers' Retirement Fund and the Indiana Public Employees' Retirement Fund.
On Sunday (June 7), the Indiana State Police Pension Fund, the Indiana Teacher's Retirement Fund, and the state's Major Moves Construction Fund filed a petition with the U.S. Supreme Court requesting an emergency stay to delay the sale while they challenged the deal.
About 500,000 active and retired public employees will pay more for their health and pension benefits, saving New Jersey taxpayers an estimated $120 billion over 30 years in pension costs.
Pension benefits in the U.S. can vary widely. The pension replacement rate, or percentage of a worker's pre-retirement income that the pension replaces, varies significantly across states and benefit tiers within state retirement systems.
Anti-ESG Pension Bill Could Drop State Pension Returns $6.7 Billion In Next Decade - Across Indiana, IN - The author, Rep. Ethan Manning, R-Logansport, expects changes.