Retirement Plans
Tennessee Consolidated Retirement System (TCRS)
TCRS is a “defined benefit” plan, which means the amount of retirement is determined by a formula rather than an account balance. Benefits are determined using the member’s highest five-year average salary and years of service.
Learn More about TCRS
- Hybrid (TCRS-H/401-H) (For employees hired after July 1, 2014)
- Employer contribution is 8.94 percent of compensation
- Mandatory employee contribution is 5 percent of compensation
- Legacy (TCRS) (For employees hired Before July 1, 2014)
- No mandatory employee contribution
Manage Your TCRS Account Online
TCRS has introduced a new online self-service feature, allowing members to:
- Update contact information
- View account history
- Retrieve annual statements
- Maintain beneficiary information
If you are among the 7,500 UT employees currently participating in the TCRS plan, you can access the new self-service feature by registering at http://treasury.tn.gov/tcrs/. A user guide and demonstration video are available to walk you through the process. Questions may be directed to 800-770-8277, option 8.
[Back to top]Optional Retirement Program (ORP)
VISIT ORP WEBSITE
The ORP is a “defined contribution” retirement plan, which means the amount of retirement benefits will be determined by the member’s account balance. Annuity providers in the ORP are:
Learn More about ORP
- Hybrid Plan (For employees hired after July 1, 2014)
- Employer contribution is 9 percent of compensation
- Mandatory employee contribution is 5 percent of compensation
- ORP Hybrid Plan Comparison Chart
- Legacy Plan (For employees hired before July 1, 2014)
- Employer contribution is 10 percent of compensation up to the Social Security wage base and 11 percent of compensation above the Social Security wage base
- No mandatory employee contribution
- ORP Legacy Plan Comparison Chart
Manage Your ORP Account Online:
ORP Contact List
TIAA
TIAA Contacts | |
---|---|
Speak with a Representative | 800-842-2776 |
Automated Telephone Service | 800-842-2252 |
Schedule an In-Office Appointment | 800-732-8353 |
UT Contacts | ||
---|---|---|
East Tennessee | Amber Jones | 865-766-4030 |
Central Tennessee | Austin Jefferson | 615-783-2956 |
West Tennessee | Brian Nanney (Memphis) | 901-801-6206 |
VALIC
VALIC Contacts | |
---|---|
Customer Care Center | 800-448-2542 or 888-568-2542 |
UT Contacts | ||
---|---|---|
Knoxville Area | Andrew Craft | 865-291-5130 |
Knoxville Area | Arie Buer | 865-312-9659 |
Chattanooga and Tullahoma | Celeste Friend | 423-227-0281 |
Martin | Justin Howell | 731-668-9818 (phone), 731-664-7988 (fax) |
Memphis | Scot Brothers | 901-268-6345 |
VOYA
VOYA Contacts | |
---|---|
Customer Service | 800-525-4225 |
UT Contacts | ||
---|---|---|
Knoxville | William “Bill” Rutter (Primary) | 865-599-0344 (phone), 865-966-9453 (fax) |
Nashville | Julie Chambers | 615-556-6135 (phone), 615-535-3075 (fax) |
Chattanooga | Ed Stewart | 615-627-5936 (phone), 615-244-7182 (fax) |
Martin | Brad Little | 731-668-9818 (phone), 731-664-7988 (fax) |
Martin | Steve Little | 731-668-9818 (phone), 731-664-7988 (fax) |
Memphis | Calvin Reed | 901-853-8421 |
Closed Retirement Programs
Joint Contributory Retirement System (JCRS)
(Closed since 7/1/77)
If you were a member of TIAA-CREF (the only retirement plan available) on June 30, 1977, you are a member of the Joint Contributory Retirement System (JCRS). JCRS has been closed since July 1, 1977. JCRS provides a benefit from the Optional Retirement Plan (ORP) company with the possibility of a state component.
To determine if a participant will receive a state benefit, it will be necessary to perform the Tennessee Consolidated Retirement System formula, then apply a hypothetical offset to the state formula benefit. The formula benefit and offset are individually specific. To request an estimate of benefits, please contact 888-444-UTHR (8847) statewide or Knox area 865-946-UTHR (8847).
Civil Service Retirement System (CSRS)
(Closed since 12/31/83)
Federal Employees Retirement System (FERS)
(Closed to UT employees since 01/01/02)
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