Retirement Benefits
| Supplemental Retirement Annuity | TC Basic Annuity (Retirement Annuity) | TC Matching Contribution |
|
|
|
2024 IRS Maximum Contributions
Under age 50: $23,000
Age 50+: $23,000 + $7,500 Catch Up
|
Employee Contribution* |
Employer Match* |
Employer Basic* |
|
0% |
0% |
5% |
|
0.5% |
1.25% |
5% |
|
1% |
2.5% |
5% |
|
1.5% |
3.75% |
5% |
|
2% |
5% |
5% |
*Eligibility after 2 years of service, unless certificate of prior service is provided
How to Enroll
Open a TIAA account online at https://www.tiaa.org/tc.
- Designate beneficiaries
- Allocate investment options
To elect your contributions:
- Log on to your TIAA online account
- Click on “Actions”
- Click on “Manage contributions”
If you qualify for the two-year waiting period waiver, complete and submit the Certification of Prior Service Form as well.