for-401(k)

11 Dec 2025

TVARS announces Cost-of-living adjustment (COLA) for 2026

for-401(k), for-retirees

For 2026, the COLA for eligible retirees and beneficiaries will be 2.5%. The TVARS Rules and Regulations (TVARS Rules) provide that eligible retirement benefits (pension and supplemental benefits) will receive a COLA benefit based on a formula using the Consumer Price Index – All Urban Consumers (CPI-U). This index, maintained by the U.S. Labor Department, measures the price changes in a broad group of various goods and services purchased by consumers. The COLA is calculated as the percentage change in the average CPI-U for the period of November 2023 – October 2024 to the period November 2024 – October 2025…

31 Jan 2025

Announcing Two New Investment Options in the TVA 401(k) Plan

for-401(k)

Click here for details.

10 Dec 2024

TVARS receives Excellence and Innovation award

for-401(k)

The TVA Retirement System (TVARS) recently accepted an Excellence and Innovation award during the Pensions and Investments’ Defined Contribution West conference. The award recognizes individuals and teams for their deep commitment and efforts to further initiatives that work to improve employees’ retirement readiness. Mark Meigs, TVARS Executive Secretary accepted the award that recognized the five-year effort to build a plan that better supports the employees of tomorrow. After an in-depth evaluation, TVARS chose the BlackRock LifePath Paycheck target-date series as the plan’s qualified default investment option. The plan automatically allocates an increasing portion of the participant’s balance to a pool…

18 Oct 2024

Information Sessions Available for LifePath Paycheck

for-401(k)

You can register for a session on our website at LifePath Paycheck Resources or by clicking the link below. Join TVARS and BlackRock for a LifePath paycheck information session

23 Jul 2024

Announcing Lower Cost Fund Option in the TVA 401(k) Plan

for-401(k)

The TVA Retirement System (TVARS) is pleased to announce a lower expense ratio for one of the investments in the TVA Savings and Deferral Retirement Plan (401(k) Plan), to help you save more money for retirement. For more information, click here.

17 Jun 2024

Using your 401(k) for retirement just got easier

for-401(k)

An exciting new retirement income option is coming to the Target Retirement Portfolios in the TVA 401(k) Plan. Beginning June 21, 2024, BlackRock’s LifePath Paycheck will be available to 401(k) participants within new Target Retirement Paycheck Portfolios. Here are three things to know about this new option: Target Retirement Paycheck Portfolios build on the existing suite of Target Retirement Portfolios in the 401(k) Plan, which are designed for participants who prefer a single, professionally managed investment approach and include a diversified allocation of stocks, bonds, and inflation-sensitive investments that are managed by BlackRock to gradually become more conservative as you…

23 May 2024

Introducing LifePath Paycheck^TM for the TVA 401(k) Plan

for-401(k)

An exciting new retirement income option is coming to the TVA Savings and Deferral Retirement Plan (401(k) Plan) for those who are interested in a paycheck-like income stream similar to a pension. Beginning June 21, 2024, the 401(k) Plan will offer LifePath Paycheck from BlackRock within new Target Retirement Paycheck Portfolios that will provide access to a lifetime income stream for retirement backed by insurers selected by BlackRock. Please see the Announcement Letter and Notice.