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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 benefits of educators in all public schools, as well as some charter schools and universities, throughout Indiana.
Indiana Public Retirement System (INPRS) is a U.S.-based pension fund responsible for the pension assets for public employees in the state of Indiana.INPRS is among the largest 100 pension funds in the United States, with $47.961 billion in actuarial accrued liabilities and $34.479 billion in actuarial assets as of June 30, 2021.
The state retirement system of Indiana comprises several different retirement plans to cover the wide range of public employees working on behalf of the state. As pension systems can be complex ...
The Indiana State Teachers Association (ISTA) is a statewide professional association and labor union which represents more than 45,000 public school teachers and education support professionals, staff in state higher education institutions, retired educators, and college students preparing to become teachers.
No extra check for state retirees State retirees, who have not had a pension cost-of-living increase since 2011, will not get a one-time additional payment, which many called “ 13th check .”
Retirees want a "13th check" for former state employees in the Kentucky Employees Retirement System and State Police Retirement System.
In another study, Equable Institute found that the total lifetime value of teacher pension benefits have declined by $100,000 on average (13%) since 2005. A teacher hired for the 2005 school year can expect to earn $768,000 in retirement benefits, where as a teacher hired for the 2023 school year can expect to earn $668,000. [19
Shelly Swain, a K-4 interventionist at Starr Elementary School, teaches students in her classroom. Swain was named a Top 10 Finalist for 2025 Indiana Teacher of the Year.