News Archive
TVARS announces 2021 information on COLA, Interest Crediting Rates, Contribution Limits
TVARS has announced the following 2021 information of interest to employees and retirees. Cost-of-living adjustment (COLA) for 2021 For 2021, the COLA for eligible retirees
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
Cost-of-living adjustment (COLA) for 2021
For 2020, the COLA for eligible retirees and beneficiaries will be 1.13%.The TVARS Rules and Regulations provide that eligible retirement benefits (pension and supplemental benefits)
TVARS Board Selects 7th Director – Marilyn Brown – November 2020
The TVA Retirement System Board of Directors (Board) held a special called meeting November 16, 2020 virtually via WebEx and unanimously voted to elect Marilyn
DeLay Wins TVARS Board Election
In the recent election for a director vacancy on the TVA Retirement System Board, employees voted to re-elect Samuel J. L. DeLay, senior program manager,
Nominations for Annual TVARS Board Election
The TVA Retirement System will accept nominations through Monday, July 6, for a three-year term as an elected member of the TVARS board of directors.
Join Fidelity’s Navigating Market Volatility Webinar
With the market’s recent downturns, you may be concerned about the retirement savings you’ve worked so hard to build potentially being in jeopardy. Fidelity has
Eric Davis Appointed to TVARS Board
TVA CEO Jeff Lyash has appointed Eric Davis to the TVA Retirement System Board effective April 1, 2020. Eric will replace Tammy Wilson on the
TVARS Update – March 2020
TVARS staff and the TVARS Board are actively monitoring the financial markets, and are in ongoing discussions with our investment consultants and fund managers. TVARS
Contacting TVARS
Effective Wednesday, March 18, TVARS employees are encouraged to begin working remotely to reduce the number of individuals in our facilities to promote social distancing.
TVARS Message to Retirees and Beneficiaries
In these challenging times for our nation, your monthly retirement benefit payments are our top priority, and your TVA Retirement System staff is working effectively
America Saves Week – February 21-25, 2022
America Saves Week Workshop – February 21-25, 2022 The TVA Retirement System (TVARS) wants to ensure that employees are on track with their retirement goals,
TVARS Update December 2019
Below is information of interest for employees and retirees from the latest TVARS board meeting held December 5, 2019, in Knoxville. Cost-of-living adjustment (COLA) for
Going Green with your Direct Deposit Statements
Beginning February 2020, TVARS will change the frequency of direct deposit statement mailings. Retirees and beneficiaries will receive a direct deposit statement via mail each
TVARS Announces Lower Fees for 401(k) Plan
The TVA Retirement System (TVARS) is pleased to announce several changes in the TVA Savings and Deferral Retirement Plan (401(k) Plan) that will help save
Announcement of Candidates
Employees will have an opportunity to vote for one of the four candidates listed below to fill a three-year term on the TVARS Board. The term will run from November 1, 2019, through October 31, 2022.
Now Available: 2019 retirement benefits estimates
Full-time annual employees may now view their 2019 personalized retirement benefit estimates in PLUS.
TVARS Board selects new Executive Secretary
In a special called meeting, the TVA Retirement System (TVARS) board of directors has unanimously selected Mark Meigs as its new Executive Secretary. Mark will
Now Available: 2019 retirement benefits estimates
Full-time annual employees may now view their 2019 personalized retirement benefit estimates in PLUS. The estimates include projected retirement information for three dates, including Sept.
TVA Retirement System Board Approves 401(k) Plan Amendment
At its December 3, 2018, quarterly meeting, the TVA Retirement System (TVARS) board approved an amendment to Article 7.5 of the TVA Savings and Deferral
Nominations for Annual TVARS Board Election
TVARS will accept nominations through Monday, July 9, for a three-year term as an elected member of the TVARS Board of Directors. The term runs
TVA Retirement System Board Approves Amendment
At its June 15, 2018, quarterly meeting, the TVA Retirement System (TVARS) board approved an amendment to Section 3(2) of the TVARS Rules and Regulations
Retirement Benefit Estimates Online
Full-time annual employees may now view their 2018 personalized retirement benefit estimates in PLUS. The estimates will include projected retirement information for three dates, including
Lawsuit Update
Evans, et al. v. TVA & TVARS August 12, 2016 Litigation Update Evans v. Tennessee Valley Authority Retirement System and Tennessee Valley Authority On August