Examples of TRS in a sentence
The Charter School is responsible for making arrangements with TRS and making monthly contributions for its teachers in accordance with state requirements.
In addition, eligible Related Service Staff members will receive a post-retirement reimbursement for the premium cost incurred by the Related Service Staff member up to a maximum of $12,500 for employee (or employee and dependent) health insurance coverage under the TRS health insurance plan.
No payment to any related service staff will result in any employer excess salary increase contribution or penalty to the Board, and if any such contribution or penalty is or may be assessed by TRS or IMRF against the Board, the Board may adjust the employee’s salary or extra duty retroactively to avoid the contribution or penalty.
This benefit will terminate upon the Related Service Staff member's eligibility for Medicare or upon the Related Service Staff member electing coverage under a plan other than the TRS health insurance plan.
If legislation is enacted and/or TRS rules and regulations are adopted during the life of this agreement that result in a greater cost to the District than the costs generated by this agreement, the provisions relating to such benefits shall be reopened for negotiations.