Teachers' and State
Employees' Retirement System (TSERS)
The
Teachers'
and State Employees' Retirement System (TSERS) retirement plan is available to all employees in permanent, probationary or
time-limited positions of at least 9 months and 30 hours per week.
The
Teachers' and State Employees' Retirement System is a defined benefit program.
The employee contributes 6%, and the State contributes amounts that vary from
year to year. State contributions fund the system and are not a part of the
employee's individual account. Participants are vested in the State's
contributions after five years of service. After one year of employment, members
are automatically eligible for a death benefit equal to the amount of the
employee's annual salary with a minimum payment of $25,000 and a maximum of
$50,000.
Retirees, please call:
1-877-733-4191 (toll-free)
919-733-4191 (within local calling distance)
Working employees, please call:
1-877-627-3287 (toll-free)
919-807-3050 (within local calling distance)
Retirement
Benefits Estimator
Memo:
Notice of Employer Contribution Rate
to 7.14% effective 7/1/06.
Retirement Planning Conferences for
2006
Increase
in Reemployment Earnings before Benefits Stop
For
more information about TSERS, please see the
Online
Catalog, or email or call Lisa Honeycutt
at 232-5114.
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