Overview
The Tennessee Consolidated Retirement System (TCRS) is a defined benefit pension plan that covers state employees, higher education employees, K-12 public school teachers, and employees of political subdivisions who have elected to participate in the plan. This means that the amount of any future retirement benefits is determined by a benefit formula rather than an account balance.
The TCRS provides retirement benefits as well as death and disability benefits to plan members and their beneficiaries. Benefits are determined by a formula using the member’s high five-year average salary and years of service. Members become eligible to retire at the age of 60 with five years of service or at any age with 30 years of service. A reduced retirement benefit is available to vested members with five years of service who become disabled and cannot engage in gainful employment. There is no service requirement for disability that is the result of an accident or injury occurring while the member was in the performance of duty.
Live Feed to the TCRS Board Meeting
Click on the link below to watch the Live TCRS Board Meeting
Todays Meeting 11-20-2009
Click here to watch past board meetings.
Individual Information
Headlines
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Financial Welfare of TCRS
The financial marketplace has been exhibiting a high degree of volatility for several months, mainly due to issues related to the mortgage industry. Several Tennessee Consolidated Retirement System (TCRS) members and retirees have expressed concern... -
Tax Information
The 1099s were mailed out January 31, 2009. If you lost or did not receive your tax information... -
COLA Information
TCRS members retired at least 12 months from July 1 are entitled to annual cost of living adjustments (COLA) in July of each year.
Contact Information
Tennessee Consolidated Retirement System
10th Floor Andrew Jackson Building
502 Deaderick Street
Nashville, TN 37243-0201
