Retirement Programs and Information
Texas State helps you prepare for retirement by providing you a retirement program benefit and voluntary savings program. To help set you up for retirement success, navigate this website to learn more about both programs. For a basic overview, review the retirement programs general information.
Ready for retirement? Our Retirees & Pre-Retirees website will help you navigate the processes and guidelines during this transition.
Important Notice: Changes to ORP/TDA Vendors
TSUS, in collaboration with CAPTRUST, selected TIAA as the lead recordkeeper & consolidated to 4 vendors (CoreBridge, Fidelity, TIAA, VOYA). American Funds, Lincoln Investment Planning, Inc, & Pentegra will no longer be offered. We are discouraging employees from enrolling in these plans as they'll have to move their funds out later. Current participants can contribute until 12/31/2024. No action is needed from individual participants at this time, but expect action items in the upcoming months.
Retirement Programs
Teacher Retirement System of Texas
All TRS - eligible employees at Texas public institutions of higher education are automatically enrolled in TRS on their first day of employment.
ORP is a defined contribution plan that is available as an alternative and can be chosen in lieu of the Teacher Retirement System (TRS) for eligible employees. Click here to see a list of approved ORP vendors.
Voluntary Savings Programs
Contributing to a Tax Deferred Account - 403(b) can significantly reduce your taxes and help you save for retirement. Click here to see a list of approved TDA vendors. Visit our TDA website to learn about eligibility, contribution amounts.
The Texa$aver 457 Program also helps you reduce taxes and save for retirement. Click here to see how these plans compare.
Get in touch with a Texa$aver 457 Representative:
Francisco Hernandez Retirement Plan Advisor | 400 West 15th Street Suite 712 Austin, TX 78701 | Phone - 210.500.9355 Fax - 877.358.0963 |
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As a manager how can I see an employee retirement eligibility report?
The Eligibility for Retirement Report can be found in SAP. Instructions can be found in this pdf.