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The TVA Retirement System will accept nominations through Tuesday, July 5, for a three-year term as an elected member of the TVARS board of directors. The term runs from Nov. 1, 2022, through Oct. 31, 2025. Any employee who is a TVARS member is eligible to run for election. Download the Nominating Petition and Candidate Information Form. The TVARS board of directors consists of seven members: three appointed by TVA, three elected by employees who are TVARS members, and one who is selected by the other six and must be a TVA retiree. The TVARS board is responsible for the…

The TVA Retirement System (TVARS) Board of Directors held its quarterly meeting on September 13, 2021, and unanimously selected Marilyn Brown, who currently serves as the 7th director on the TVARS Board, to serve a new three-year term as its 7th director. Brown’s new term will run from November 1, 2021 to October 31, 2024. Brown retired in 2018 after a 27-year career with TVA, having last served as senior instrument foreman at Johnsonville Fossil Plant. The TVARS Board consists of seven members: three appointed by TVA, three elected by employees who are TVARS members, and one who is selected…

The TVA Retirement System (TVARS) recently accepted nominations for a three-year term as an elected member of the TVARS board of directors. At the close of the nomination period, the only nomination received was for Michael L. Belcher, who currently serves as an elected director on the board. The TVARS rules and regulations state in the event only one person is nominated for the director position to be filled, the board may declare such nominee elected without the necessity of formal balloting by the membership. Accordingly, the board has approved a resolution declaring Mr. Belcher re-elected as a director of…

How well do you understand your retirement benefits? Test your knowledge by attending the first workshop in the Retirement Building Blocks series: Navigating the Basics. Beginning in June, TVA Retirement System (TVARS) members can attend and learn more about the basics of their retirement benefits along with available services and tools to help with their retirement planning. During this virtual workshop, a TVARS Consultant and Fidelity Retirement Planners will navigate through the following topics: Review of the different TVARS retirement groups Overview of the pension, 401(k) Plan and other benefits How TVARS and Fidelity Investments can assist in your retirement…

Experience new and improved HR support at TVA. Coming Aug. 2, we’re launching an integrated technology and people-focused strategy to better meet your human resource and health care benefits needs. Direct Online Access through PeopleGateway provides simple, intuitive, secure, and responsive tools to serve your needs at home and on-the-go. Access information that matters most to you such as benefits or engage with “Ask Norris” the interactive chat feature. Reach out by phone or live chat to our team of TVA specialists in the People First Solution Center from 7am-7pm ET weekdays to obtain fast, consistent and efficient responses from…

At its March 12, 2021, quarterly meeting, the TVA Retirement System (TVARS) board approved an amendment to Section 3(2) of the TVARS Rules and Regulations that would restrict any individual who is or was a participant in TVA’s Supplemental Executive Retirement Plan (SERP) from being eligible to serve as a director on the TVARS board. TVARS presented notice of this amendment to TVA on April 12, 2021, for its review and consideration. The amendment would become effective May 12, 2021, unless vetoed by TVA within 30 days of the notice. On May 6, 2021, TVA provided notice of veto of…

When it comes to preparing employees for retirement, TVA continues to excel. In fact, a leading national publication has just recognized TVA’s 401(k) plan as “Best-in-Class” for a second time. Each year, PLANSPONSOR completes a rigorous review of the nation’s 401(k) plans and names a best-in-class list. TVA made the list for the first time in 2016. In 2021, TVA again joins such venerable names as DuPont, IBM, and Pfizer. “We have one of the best 401(k) retirement plans available,” said Mark Meigs, executive secretary of the TVA Retirement System (TVARS), which administers the 401(k) plan. “We are pleased that…

At its March 12, 2021, quarterly meeting, the TVA Retirement System (TVARS) board approved an amendment to Section 3(2) of the TVARS Rules and Regulations that would restrict any individual who is or was a participant in TVA’s Supplemental Executive Retirement Plan (SERP) from being eligible to serve as a director on the TVARS board. Please see the Notice of Amendment.

Join TVARS and Fidelity during America Saves Week for any or all of these educational web workshops, where you'll learn strategies and tips to help you manage your financial future with confidence. REGISTER NOW Identify and Prioritize Your Savings Goals If you want help saving for multiple goals: Get strategies and tips on prioritizing and funding your specific savings goals, like buying a new home or car, saving for a child’s college, and more.February 22, 2021 at 10:00 AM ET Manage Unexpected Events and Expenses With the current economic conditions, you may be evaluating how to make ends meet. This…

TVA is its people – from our retirees that paved the way and the 10,000 employees working daily to keep the lights on, to the future generations that will carry on our mission of service. That’s why it’s important for our TVA and the human resources (HR) team to put YOU first in everything we do. Achieving this means redefining our services to align with leading practices so the right teams, with the right capabilities, deliver the right HR support.  We call this People First.  Coming in 2021 Later this year, you can access two new resources – PeopleGateway and the People First Solution Center –  to…