The Teachers' Retirement System of the State of Illinois (TRS) provides retirement, disability and survivor benefits to teachers, administrators and Illinois public school personnel employed outside of the city of Chicago in positions requiring state certification. All statistics provided below are as of June 30, 2007.

Members

TRS serves a total of 344,432 members, including:

• 160,317 active members
• 94,879 inactive members
• 89,236 annuitants and beneficiaries
• Average age of active member at retirement: 58
• Average service credit at retirement: 29 years

Benefits

• Average monthly retirement annuity: $3,344
• Average monthly disability benefit: $1,865
• Average monthly survivor benefit: $1,196

 Investment Portfolio

• As of June 30, 2007, the market value of TRS assets stood at $41.9 billion
• TRS earned 19.6 percent on its investments during fiscal year 2007. Three-year, five-year and 10-year annualized returns were 13.2 percent, 11.9 percent and 8.1 percent, respectively. All returns are gross of fees.
• All assets are managed externally and allocated to domestic equity,  international equity, fixed income, real return, absolute return, real estate and private equity. Click here to see external managers.
• Click here to see asset allocation targets and current investment performance.

Funding

Funded ratio is 63.8 percent. Sources of funding include:

• Net investment Income: 80 percent
• State of Illinois: 9 percent
• Member contributions: 10 percent
• Employers/school districts: 1 percent

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