I am on Worker’s Compensation. May I continue to make contributions to my 401k account?

Since Worker’s Compensation pay is not considered true compensation, no contributions can be withheld for 401k and 457. Your accounts are not terminated and the deferrals will be automatically restarted once you return to work.

For detailed information on the Hybrid Pension Plan, please visit: https://treasury.tn.gov/Portals/0/Documents/Retirement/Member/HybridPlanStateandHigherEducationEmployees.pdf

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