The Teachers' Retirement System (TRS) is a pension plan designed to provide retirement benefits to educators and school staff. It helps ensure that teachers have financial security after they retire, allowing them to receive a steady income based on their years of service and salary history. TRS typically includes contributions from both the teachers and their employers, which are invested to grow over time. Upon retirement, members can access their benefits, which may include monthly pension payments and other retirement savings options, helping them maintain their standard of living in retirement.