Sam DeLay Wins TVARS Board Election

In the recent election for a director vacancy on the TVA Retirement System Board, employees voted to elect Sam DeLay, senior program manager, Energy Use Technology, Enterprise Research and Technology Innovation.  His three-year term will run from Nov. 1, 2017, to Oct. 31, 2020.

Of the 3,196 votes cast, DeLay received 1,625 (50.85 percent).  The other candidates and their vote totals were as follows:  Tony Troyani, 794 votes (24.84 percent), Andrew McFalls, 527 votes (16.49 percent), and Jerry Snyder, 250 votes (7.82 percent).

Retirement benefit estimates now available online

Some full-time annual employees may now view personalized retirement benefit estimates in PLUS. Read more.

TVA Retirement System Board Approves Amendment

At its March 6, 2017, quarterly meeting, the TVA Retirement System (TVARS) board approved an amendment to the TVARS Rules and Regulations correcting an error in language regarding the annual compounding of interest-based credits for certain cash balance accounts. Please see the Notice of Amendment.

2017 retirement plan interest rates and IRS contribution limits

The TVA Retirement System has announced interest rates and IRS contribution limits for calendar year 2017. Read more.


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