TN. Consolidated Retirement System (TCRS)

Tennessee Consolidated Retirement System (TCRS)

Plan Participation

All Shelby County Schools employees are required to enroll in the Tennessee Consolidated Retirement System (TCRS), and a five percent (5%) deduction will be automatically contributed per pay period.

  • Some state employees, higher education employees and certified teachers hired after July 1, 2014, will be automatically enrolled in the 401(k) plan at two percent (2%) upon their date of hire. Please review the “Hybrid Pension Plan” flier for an overview.

For questions regarding the retirement benefits or details on the Hybrid Pension Plan, please contact the following

TCRS

Refund of Accumulated Contributions

If an employee leaves the district before they are eligible to retire, he or she may apply for a refund of the monies they have contributed to TCRS.

  • To request a refund of your contributions you must be listed as inactive in the payroll system. Please complete and return the following forms to the Benefits Office for certification and submission to TCRS.
    • Application for Refund of Accumulated Contributions
    • Waiver of Refund Waiting Period of Teachers

Active Employee Information Changes

Active employees needing to update their information with TCRS can do so by completing and returning the following forms to the Benefits Office.

Account Maintenance

  • Member Information Change
  • Change of Beneficiary

Prior Service

  • Application for Additional Retirement Credit
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