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…
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08 Jan 2025

Tom Barnett Appointed to TVARS Board

for-active-members, for-retirees, home-page
TVA CEO Jeff Lyash has appointed Tom Barnett to the TVA Retirement System Board effective December 20, 2024. Tom will replace Tina Wallace on the TVARS Board. Tom joined TVA in 2008, has served in leadership roles in River Management and the River Forecast Center, and currently serves as TVA’s Vice President of River & Resources Stewardship. In this role, Tom is responsible for River Management, Dam Safety, and Realty Services at TVA. Before joining TVA, Tom served in the U.S. Army and worked as a consulting engineer and project manager at private consulting firms supporting and leading environmental remediation…
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