TVA Retirement System Board of Directors

  • TVARS was established by the TVA Board in 1939 to provide retirement benefits for TVA employees.
  • When the TVA Board established TVARS, it also approved the Rules and Regulations of the TVA Retirement System, which constitute the legal charter under which TVARS operates and have the force and effect of Federal law. 
  • TVARS is a Federal agency and separate legal entity from TVA. 
  • TVARS is governed by its own board of directors consisting of seven members:  three appointed by TVA, three elected by and from active employees who are members of TVARS, and a seventh selected by the other six who is a TVA retiree.
  • TVARS administers a defined benefit (pension) plan and a 401(k) plan, the Tennessee Valley Authority Savings and Deferral Retirement Plan, which cover most full-time and part-time annual TVA employees.

Elected by Members​

Michael Belcher
Elected 11/01/2018
Election Committee (Chair)
Investment Committee

Mike Blakely
Elected 11/01/2022

Audit Committee
Investment Committee
Retirement Committee

Mike Clement
Elected 11/01/2023

Appointed by TVA

Tina Wallace
Appointed 8/19/2019
Audit Committee
Investment Committee
Retirement Committee

Eric Davis
Appointed 4/01/2020
Election Committee
Investment Committee (Chair)

Brian Child
Chair
Appointed 9/19/2013
Investment Committee

Selected by Board Members

Marilyn Brown
Appointed 11/16/2020
Audit Committee (Chair)
Election Committee
Investment Committee

Board Meeting Minutes

Annual Reports

2022 2021  2020  2019  2018  2017
2016 2015  2014  2013  2012  2011

Standing Committees

Investment Committee
Eric Davis (Chair)
Mike Belcher
Mike Blakely
Marilyn Brown
Brian Child
Tina Wallace

Audit Committee
Marilyn Brown (Chair)
Mike Blakely
Tina Wallace

Election Committee
Mike Belcher (Chair)
Marilyn Brown
Eric Davis

Retirement Committee
Mike Blakely
Tina Wallace