The following positions are under the Teacher’s Retirement System of Georgia Plan and will contribute a mandatory 6% of pay each check to TRS. The Walton County School District contributes 19.98%.  

Active TRS members may access their membership statements online via their TRS account. The statements provide valuable account information, such as an account balance, the lump-sum value of an account, as well as beneficiary and service credit information. Click here to visit the TRS homepage for more information.

 

The following positions are under the Public School Employees Retirement System and will contribute a mandatory $10 (hired after 07/01/2012) a month to PSERS.

PSERS statements for active contributing members are available online. Click here for access and more information. 

As a retiree, you are able to take health insurance into retirement. The monthly premium will begin to come out of your monthly retirement check through TRS or PSERS.  

If you have five years contributing to an annuity (TRS or PSERS) before January 1, 2012, then you will pay the same premiums you pay as an active employee (under age 65) in retirement, plus a few dollars for an administrative fee.

If you do not have five years contributing to an annuity (TRS or PSERS) by January 1, 2012, then the cost of your SHBP retiree coverage is based on rates set by the Board of the Department of Community Health and your years of service in the State retirement system from which you receive an annuity. 

When you are retired and turn 65, you must go to the Social Security Office and sign up for Medicare Part A and Part B. Once you have completed enrollment in Medicare, you need to notify State Health. At that point, you will be enrolled in a Medicare Advantage plan through State Health. Medicare will be your primary insurance (meaning it pays first) and the State Health Medicare Advantage plan will be secondary.

If State Health is NOT notified that you have Medicare, you will be billed at the unsubsidized rates, which are much higher.

Dental Insurance in Retirement
As a retiree, you are able to continue your Dental Coverage with GaBreeze. Your monthly premium will begin to come out of your TRS or PSERS retirement check.

Employees are also eligible to participate in a 401k or 457 plan through Peach State Reserves. Participation in these plans is optional. The Board will contribute 2% to a PSERS member’s 401(k) and/or 457 plan after the member has contributed at least 1% for 12 months and continues to contribute at least 1%. Employees may enroll in or terminate a 401k and/or 457 anytime, not just during Open Enrollment.

Click here to access the Peach State Reserves (PSR) benefits online or call the GaBreeze Benefits Center at (1-877) 342-7339.