Georgia Teacher Retirement Cost-Of-Living Raise 2024. A maximum increase of 1% every six months authorized. That’s in addition to a $1,000 bonus.
Georgia state school superintendent richard woods is calling on gov. Public school teachers would get a $2,500 raise starting july 1, boosting average teacher pay in georgia above $65,000 annually, as the republican governor.
The Initial Monthly Benefit Is $3,300 2.
Trs employer and employee contribution rates from fiscal year 1980 to present:
Georgia State School Superintendent Richard Woods Is Calling On Gov.
Public school teachers would get a $2,500 raise beginning july 1, boosting average teacher pay in georgia above $65,000 annually.
(1) Dividing The Current Cost Of Living Index By The Prior Cost Of Living Index And Multiplying The Quotient By 100.
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Colas Are Awarded In January And July Of Each Calendar Year.
(2) the percentage shall be equal to the product.
In Its Annual Meeting Held Today, May 10, 2023, The Board Of Trustees Adopted The Following Maximum Salary Increases For Fy 2024 That Can Be Used By The Teachers Retirement.
A maximum increase of 1% every six months authorized.