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Retirement Planning
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Preparing and Applying for Retirement
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Learn about Retirement Online
1:15
Learn about Retirement Online
May 31, 2020
state.ny.us
One of the best benefits working for the State of Texas is the retirement plan! Beginning in September of this year, the Employees Retirement System of Texas (ERS) administered a new retirement plan for all new state workers including TDCJ. Through this new plan, new employees will contribute 6% of their pre-tax salary, which will have a guaranteed growth of 4% interest each year, with a potential for an additional 3% per year with gain sharing. The state will match the contribution by 150% or 3
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