Teachers’ and State Employees’ Retirement System (TSERS)
TSERS is a 401(a) “defined benefit plan” and retirement income is based on a formula that is determined by average final compensation, age at retirement, and years of creditable service. An employee must have five years of contributing service in order to be vested in the Retirement System. State law enforcement officers are eligible for enrollment in TSERS, with differences in benefits and may contact the Benefits Office for further information.
TSERS Note: Employees must elect one plan over another within 60 days of eligibility, and should carefully review the plans, the benefits, and the differences, because the decision made at employment is irrevocable.