Search results
As you begin to plan for retirement, be sure to make good use of tax-advantaged savings like the Texa$aver program. With the Texa$aver voluntary retirement savings program, you can increase your personal retirement savings to bridge the financial gap between your pension and Social Security.
The State of Texas Retirement program is a defined benefit retirement plan for eligible employees of State of Texas agencies, with mandatory participation. Texa$aver SM 401 (k) and 457 Program. To have a comfortable retirement income, you cannot rely on a pension plan and Social Security alone.
State of Texas Retirement for Active Employees. The State of Texas Retirement program is a defined benefit retirement plan (also known as a pension) for eligible employees of State of Texas agencies, with mandatory participation.
The Texas$aver 457 Plan is a voluntary retirement plan administered by Employees Retirement System of Texas (457) that allows state and higher education employees to contribute a portion of their salary toward retirement savings and pay taxes later on the contributions and earnings.
New Employee Benefits Guide. PLAN YEAR 2024. Sept. 1, 2023 – Aug. 31, 2024. For state agency employees. A message from ERS Executive Director Porter Wilson. Congratulations on your new job! Let me be among the first to welcome you to public service.
Important information about your Texa$aver program. E-delivery is here! The Texa$aver SM 401 (k) / 457 Program has made the switch to e-delivery for both the 401 (k) and 457 plans. What this means for you: Your statements and confirmation documents are defaulted to electronic delivery.
Planning ahead can help ensure a smooth transition into retirement. We provide a number of resources to help you stay on track! Explore our Planning for Retirement timeline, tier placement map, retirement calculators, and more.
