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
News
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
TVA Retirement System Board Approves 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
Introducing People First – enhanced TVA Human Resources support
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
Board Meeting—12/8/2020
The TVA Retirement System Board of Directors (Board) held its quarterly meeting December 8, 2020, virtually via WebEx with business conducted through the Board’s Investment,
2020 retirement benefit estimates now available online
Full-time annual employees may now view their 2020 personalized retirement benefit estimates in PLUS. The estimates will include projected retirement information for three dates, including 12-31-2020