Employees
When were you hired?
For employees hired before 1/1/1996 and in Original Benefit Structure
For employees hired before 1/1/1996 and elected Cash Balance
401(k) Savings and Deferral Plan
TVA offers you an additional incentive to save by providing a 401(k) Plan that includes matching contributions and an automatic non-elective contribution. You are considered vested in your 401(k) Plan contributions immediately, but you must have 3 years of TVA service to be vested in the TVA matching contributions and the automatic non-elective contributions. Read more at Fidelity
| 401(k) Plan Matching | 401(k) Plan Automatic Non-Elective Contribution |
|---|---|
| 75 cents for each dollar contributed, up to 6% | 4.5% of eligible compensation |
External Resources
- Aon Hewitt Cash Balance Calculator
- Fidelity Investments 401(k) Plan
- Social Security Calculator
- People First Solution Center
888-275-8094 - Disbursement Services
865-632-2231
News
TVARS Board Election Results
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
TVA Retirement System Board Approves TVARS Rules Amendment
In June 2021, the TVA Retirement System (TVARS) board approved amendments to Section 7C(3)(b) and Section 17 to the Actuarial Assumptions in the Appendix of
Navigating the Basics: Learn more about your retirement benefits
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.
The People First Experience goes live
August 2, 2021
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
UPDATE: TVA Vetoes TVARS Rules Amendment
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
TVA’s 401(k) Plan Named Best-in-Class
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