Those of us planning to retire under the Teachers Retirement System (TRS) of Georgia have had questions about the impact of furloughs and other temporary downward salary adjustments on our retirement benefits. The Executive Director of TRS, Jeffrey Ezell, has written a very clear memo addressing the situation. It is posted on the TRS website
http://www.trsga.com/Images/NewsDocs/Furloughs%20and%20TRS%20Earnable%20Compensation_3754/Furloughs_Reporting_Employers_Memo.pdf
This is good news! I did my application to retire on-line and found the process to be a breeze! I am beginning to get excited about my retirement.
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