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Predictable Security
These two words represent both our goal and our pledge. At TCDRS, we believe you can plant a dream;
as a partner in your future, we're committed to helping your visions become realities.
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Investments
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Your money is secure with TCDRS
Considering recent economic news and financial market turmoil, we understand why you may be concerned about the security of your retirement account.
Let us assure you, this system is designed to keep your benefits secure, even in trying times. Here are a few things to keep in mind:
- Your account is credited with interest regardless of market ups and downs.
Members receive 7% interest on their accounts every year, according to state law. Only the Texas Legislature can change that interest rate.
TCDRS' investment return in any single year does not affect your account balance or benefit payment.
- TCDRS has a diversified investment portfolio.
Our diversified portfolio and long-term investment view enable us to weather volatile short-term market conditions. For more information on
TCDRS investments, click here.
- Your account retains its value, no matter what happens in the investment markets.
For members, that means your account will continue to grow and earn 7% compound interest. For retirees, that means you will continue to
receive your benefit payment every month.
If you have any questions or concerns, please don't hesitate to call Member Services at 800-823-7782.
We'll be happy to talk to you about your retirement account.
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Latest News: |
Important tax info for retirees TCDRS will mail 1099-R forms to benefit recipients by the end of January. If you have not received your 1099-R by Feb. 15, please call Member Services at 800-823-7782.
Your annual statement is coming
Annual statements will begin mailing in March and TCDRS Member Services will be temporarily extending their call center hours to make it easier for you to get answers to your questions.
"Pension max": A risky proposition for retirees
Insurance companies selling products to "maximize your pension" may actually put your long term security at risk. Check out our article detailing what "pension max" is and what you need to know before considering it.
Training for Administrators
The 2009 Administrators' Training schedule has been set. The free, half-day training sessions are designed for anyone who helps employees with their retirement benefits or paperwork. Click the link above for training session dates and sign up information. |
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TCDRS Holiday Closings The TCDRS office will be closed on the following dates:
Good Friday: Friday, Apr. 10, 2009
Memorial Day: Monday, May 25, 2009 |
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