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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.
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 State of Texas Retirement program is a defined benefit retirement plan for eligible employees of State of Texas agencies, with mandatory participation. Texa$aver SM 401(k) and 457 Program To have a comfortable retirement income, you cannot rely on a pension plan and Social Security alone.
State of Texas Retirement for Retirees. The State of Texas Retirement program is a defined benefit retirement plan for eligible employees of State of Texas agencies, with mandatory participation. Note for retirees of higher education institutions, the Community Supervision and Corrections Department and Windham School District: ERS does not ...
ERS offers the Texa$aver 401 (k) / 457 Program SM, a voluntary retirement savings program with a variety of investment options and lower-than-average fees. Find out more about retirement benefits and retirement planning.
The ERS retirement plan does not provide automatic annual cost of living adjustments (COLA). And while you may receive money in the form of a retirement annuity and Social Security benefits when you retire, that may not be enough. That's where the Texa$aver 401(k)/457 Program comes into play.
Texa$aver 401 (k) / 457 Program for Former Employees. When you leave state employment, you can keep your money with the Texa$aver program as long as you like, without losing your options. While employed with the state you contributed to the ERS retirement fund, with the state and the agency you worked for also contributing on your behalf, but ...
