What is the minimum deferral I can make?

Minimum deferral is $20/month if paid monthly; $10 per paycheck if paid semi-monthly; or 1 percent of salary. However, the state does match up to $50 per month so if you want to take full advantage of the state match, make sure you are contributing at least $50 per month in 401k.

For detailed information on the Hybrid Pension Plan, please visit: http://treasury.tn.gov/tcrs/PDFs/FAQsHybridpensionplan.pdf

Have more questions? Submit a request