TCU Employee Page
Helping Make Retirement & Savings Possible for TCU employees.
Pension Fund offers two employer-sponsored retirement savings products for TCU employees. TCU will contribute 8% percent of salary into either of our products. You may also choose to enroll in both and contribute your own funds on a pre-tax basis. To learn more about each and which is the best fit for your retirement savings goals, read below.
Pension Plan
A defined benefit plan, the Pension Plan provides a monthly retirement benefit for your lifetime (and your surviving spouse/Qualified Domestic Partner's (QDP) lifetime). This means you can never outlive your money. The Pension Plan requires a 14% salary contribution, with an employer contribution of 8% and an employee contribution of 6% to meet the full 14% requirement.
Tax-Deferred Retirement Account 403(b)/Roth 403(b)
The Tax-Deferred Retirement Account 403(b)/Roth 403(b), also known as the TDRA 403(b)/Roth 403(b), is a defined contribution employer-sponsored retirement savings plan that allows eligible employees to set aside a portion of their compensation on a pre-tax basis and/or on a Roth (after-tax) basis to save for retirement. By contributing to a 403(b), participants are able choose a savings strategy that fits their plans for retirement based on how they want to be taxed, now or later.
Pension Fund, Your Partner in Financial Wellness
One of the benefits of becoming a Pension Fund member is our dedication to helping employees make retirement possible. That is why we provide all our members with free access to Your Money Line.
Your Money Line is a confidential financial wellness program designed to be a friendly voice along your journey. Their team of experts are here to listen with empathy and lead you to the financial life you’ve always wanted. Additionally, you can learn and grow through their financial wellness resources, materials, tools, and assessments on the YML dashboard.
Meet Your Client Relations Team Member
Need help or have questions? Thomas McCracken, your Client Relations team member, is ready to assist you by phone or email.
For our Spanish‑speaking members, Raquel Collazo is also available to support you by phone or email.