The TVA Retirement System Board is accepting nominations and applications through July 10 for its seventh director position. Read more.
The TVARS Board approved a 1.68 percent cost-of-living adjustment (COLA) for eligible retirees for calendar year 2015. Retirees will see the increase in checks beginning January 31, 2015. The COLA is calculated by comparing the percentage change from one 12-month period to another 12-month period of the U.S. Labor Department’s Consumer Price Index-All Urban Consumers- or the CPI-U (the CPI-U takes into account price increases/decreases for various good and services).