Retire Ready Tennessee

For State Employees

As a state employee in Tennessee, one of your most valuable benefits is your comprehensive retirement plan.

Be Aware of Marketing Contacts Referencing TCRS

People nearing retirement are attractive to marketing firms that get a fee for referrals to businesses offering retirement products. We have become aware of third-party organizations approaching members to offer retirement planning services. When contacting our members, these marketing firms often reference your future TCRS retirement benefits.

Retirement planning and counseling are services already offered at no charge to all members of the retirement plan. Members of RetireReadyTN, including TCRS and the State 401(k)/457(b) plans, can meet a RetireReadyTN Plan Advisor for assistance with retirement planning, counseling, or to discuss any other financial planning needs.

Protect yourself against companies that may be looking to profit for their services.

Meet with a Retirement Plan Advisor

RetireReadyTN: Combined strengths for state employees


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RetireReadyTN is the state’s retirement program, combining the strengths of:

  • One of the nation's strongest defined benefit plans, provided by the Tennessee Consolidated Retirement System (TCRS)
  • A 401(k) plan through services provided by Empower Retirement
  • Retirement readiness education

As a state employee in Tennessee, you have unique retirement plan options available to you, including an additional savings opportunity through a 457 deferred compensation plan.

Get to know your unique retirement plan

Your defined benefit plan

The Tennessee Consolidated Retirement System (TCRS), provides lifetime retirement, survivor and disability benefits for employees and their beneficiaries.

Recognized as one of the best managed defined benefit plans in the country, TCRS provides lifetime retirement, survivor and disability benefits for employees and their beneficiaries. After a five-year vesting period, an employee becomes eligible to receive a monthly benefit at retirement once the age requirement is met. The benefit is calculated by the employee’s years of service and salary. The benefit provided by TCRS is a solid foundation for building a retirement future.

Learn more about the TCRS Login to TCRS Self-Service

Tennessee Consolidated Retirement System (TCRS) logo

A strong foundation. Peace of mind for your retirement future.

Your Tennessee Consolidated Retirement System (TCRS) is recognized as one of the top 5 strongest pension funds in the United States by Standard & Poor's (S&P).

Family in kitchen reading unclaimed property names in local newspaper

Your 401(k)

The 401(k) plan lets you take control of your retirement by investing in fund options of your choice.

You are immediately vested in the 401(k) and can decide how your money should be invested given your individual goals, risk tolerance, and timeline. The amount you receive from your 401(k) account in retirement is based on how much you save, plus any accumulated earnings from your investments.

View 401(k) plan highlights Enroll in the 401(k) plan Login to your 401(k) account

Your member contributions to the 401(k) qualify for a monthly match!

General State and Higher Education Employees will be eligible to receive a $1 match for every $1 contributed to the
State of Tennessee 401(k) plan each month, up to $50.

Get to know your plan

Depending on your date of hire, you are enrolled in either the Hybrid Plan or the Legacy Plan.


Hybrid Plan (for employees hired on or after July 1, 2014)

Full-time state and higher education employees hired on or after July 1, 2014 are members of the Hybrid Retirement Plan for State Employees and Teachers (“Hybrid Plan”) as a condition of employment.

Hybrid Plan for State and Higher Education Employees

New Employee Orientation Video

The RetireReadyTN New Employee Orientation video will provide new employees with a complete introduction to the Hybrid Retirement Plan for State and Higher Education Employees and K-12 Teachers hired on or after July 1, 2014.

In approximately 15 minutes, you will learn about the TCRS and 401(k) components of your retirement plan including employer and employee contributions, how retirement benefits are calculated, and ways to access account information and retirement readiness resources.


Legacy Plan (for employees hired before July 1, 2014)

Full-time state and higher education employees hired prior to July 1, 2014 are members of the Legacy Plan for State and Higher Education (“Legacy Plan”) as a condition of employment.

Legacy Plan for State and Higher Education Employees

RetireReady State Retirement Plans and Resources Webinar

This webinar session provides an overview of the retirement benefits and resources available to employees through RetireReadyTN, the state’s retirement program. Specific topics include the Tennessee Consolidated Retirement System defined benefit plan, the State of Tennessee 401(k) and 457 plans, and how the benefits of each come together in the Hybrid and Legacy plans.

RetireReadyTN also provides detailed information about how to maximize the benefits of each plan and take full advantage of the many financial education resources available to you through RetireReadyTN.


Take charge of your retirement by enrolling in the 401(k) and/or 457 plan

Planning for Retirement?

When the time comes to retire, we want you to be ready. Make the most of your retirement by taking steps to plan for it now. This checklist will help you navigate the process from start to finish.

Retirement Checklist

couple planning for retirement

Additional savings opportunity

As an added benefit, the State of Tennessee offers the ability to save through a 457 deferred compensation plan. The 457 has the same investment options as the 401(k) and does not share a contribution limit with other retirement plans. By participating in the 457 plan you can save and invest additional money for retirement.

457 plan highlights 401(k) and 457 plan comparison Login to your 457 account

Access quick resources

With RetireReadyTN, you have all the resources you need to manage and optimize your retirement planning.


Seniors walking happily along path in woods

Do you know who your beneficiary is?

Check your beneficiaries

Female counselor meeting with employee

More than 3 years from retirement?

Register for a Readiness Review

Female on laptop, looking at online calendar

Within 3 years of retirement?

Call (800) 922-7772 to Schedule a Retirement Counseling session

Questions? Contact us today!


Contact Us

Have questions about your retirement account? We're here to help!

(800) 922-7772 (Main line)

(800) 345-1833 (TDD)

TCRS.CustomerSupport@tn.gov

Mailing Address

TCRS
Andrew Jackson Building, 15th Floor
502 Deaderick Street
Nashville, TN  37243-0201

Deferred Compensation Program
Empower Retirement
PO Box 173764
Denver, CO 80217-3764