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Teacher Retirement System of Texas is classified as a(n) (PICK ONE) Credit Union Life Insurance Company...

Teacher Retirement System of Texas is classified as a(n) (PICK ONE)

Credit Union

Life Insurance Company

Financial Services Corporation

Pension Fund

Hedge Fund

Commercial Bank

Exchange Traded Fund

Private Equity Fund

Investment Bank

Mutual Fund
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Answer #1

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PENSION FUND

Teacher Retirement System of Texas (TRS) is a public pension plan of the State of Texas. Established in 1937, TRS provides retirement and related benefits for those employed by the public schools, colleges, and universities supported by the State of Texas and manages a $150 billion trust fund established to finance member benefits. More than 1.6 million public education and higher education employees and retirees participate in the system

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