TRS Tier II Employees to Contribute More to Retirement Plan Effective Oct. 1
The State of Alabama enacted new legislation that will increase the amount of money Tier II members are required to contribute to their Teachers’ Retirement System (TRS) retirement plan. Tier II members are those who did not participate in TRS or Employees’ Retirement System (ERS) prior to Jan. 1, 2013. The University of Alabama is…