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Georgia / Teachers' Retirement System of Georgia

Agency file

Teachers' Retirement System of Georgia

Source file: Georgia — State Employee Salaries (Open Georgia / TIGA) / ingested Jun 18, 2026

The Teachers' Retirement System of Georgia administers public education — funding, academic standards, and the operation of schools.

In 2025, this agency had 229 employees with median total compensation of $75,913; the highest distinct record was $957,073.

Year
2025
Total payroll
$27.7M
Employees
229
Median total
$75,913
Highest record
$957,073

What the records show

Compensation analytics

These summaries compare pay within the agency before listing individual records.

Salary distribution

How 2025 total compensation is spread across the 229 employees. Each bar is a pay range; taller bars mean more people earn in that range. The amber line marks the median ($75,913) — half earn less, half more. The far-right bar collects the highest earners.

Average pay composition

  • Base$120,754 (100%)
  • Overtime$0 (0%)
  • Other$0 (0%)
  • Benefits$0 (0%)

What an average paycheck here is made of — base salary versus overtime, other pay (bonuses, allowances), and benefits. A large overtime or other-pay share means take-home often exceeds base salary.

Pay percentiles

10th
25th
Median
75th
90th
$34,799
$52,617
$75,913
$141,163
$272,436

The pay ladder for this department. Someone at the 90th percentile earns $272,436 — more than 90% of the department; the 10th percentile earns $34,799. The shaded band is the middle half of employees (25th–75th percentile).

Largest job titles

The most common job titles in this department by headcount, with the median total compensation for each. Click a title to see everyone who holds it.

Record list

Employees

Page 1

Charles Cary

Chief Investment Officer (Trs)/Teachers' Retirement System of Georgia

2025 total comp
$957,073
Base pay
$957,073
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$957,073

Charles Cary works as a Chief Investment Officer (Trs) for Teachers' Retirement System of Georgia. Charles earned $957,073 in 2025.

Michael Majure

Co-Chief Investment Off (Trs)/Teachers' Retirement System of Georgia

2025 total comp
$811,651
Base pay
$811,651
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$811,651

Michael Majure holds the role of Co-Chief Investment Off (Trs) at Teachers' Retirement System of Georgia. In 2025, their total compensation was $811,651.

Thomas Horkan

Co-Chief Investment Off (Trs)/Teachers' Retirement System of Georgia

2025 total comp
$799,055
Base pay
$799,055
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$799,055

Source-specific fields

Travel Pay
$573

At Teachers' Retirement System of Georgia, Thomas Horkan serves as a Co-Chief Investment Off (Trs). Their 2025 pay totaled $799,055.

Clanton Shipp

Co- Director of Equities/Teachers' Retirement System of Georgia

2025 total comp
$447,955
Base pay
$447,955
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$447,955

Source-specific fields

Travel Pay
$2,648

At Teachers' Retirement System of Georgia, Clanton Shipp serves as a Co- Director of Equities. Their 2025 pay totaled $447,955.

Matthew Wolfersberger

Co- Director of Equities/Teachers' Retirement System of Georgia

2025 total comp
$440,167
Base pay
$440,167
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$440,167

Matthew Wolfersberger is a Co- Director of Equities at Teachers' Retirement System of Georgia. 2025 total compensation came to $440,167.

Bambang Cahyono

Director Alternative Investments/Teachers' Retirement System of Georgia

2025 total comp
$438,433
Base pay
$438,433
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$438,433

Source-specific fields

Travel Pay
$10,593

At Teachers' Retirement System of Georgia, Bambang Cahyono serves as a Director Alternative Investments. Their 2025 pay totaled $438,433.

Jeremy Berk

Director of Research(Trs)/Teachers' Retirement System of Georgia

2025 total comp
$429,358
Base pay
$429,358
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$429,358

At Teachers' Retirement System of Georgia, Jeremy Berk serves as a Director of Research(Trs). Their 2025 pay totaled $429,358.

Sherry Quarello

Chief Equity Trader (Trs)/Teachers' Retirement System of Georgia

2025 total comp
$427,083
Base pay
$427,083
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$427,083

Sherry Quarello is a Chief Equity Trader (Trs) at Teachers' Retirement System of Georgia. 2025 total compensation came to $427,083.