TRSL is the state's largest public retirement system, providing services and benefits to more than 160,000 individuals. Founded in 1936, TRSL is a governmental defined benefit plan qualified under Section 401(a) of the Internal Revenue Code as a public trust fund to provide retirement benefits for its members. TRSL is funded by member and employer contributions and earnings from investments. TRSL is governed by a 17-member Board of Trustees. Our goal is to provide exceptional member services, including accurate and timely benefit payments to all eligible retirees, beneficiaries, and survivors.