退休

TRS is a defined-benefits plan, which provides three basic benefits to employees participating in the program: retirement benefits, disability benefits and survivor and death benefits based on length of service and salary level. 这些好处的详细描述， including payment options, are available at www.trs.德州.政府

The amount a member contributes is established by law; currently, the required member 缴费率为8%.应得报酬的25%.  国家出资 速率是8.25%. Your employer deducts the TRS member contribution from your salary on a pre-tax basis and forwards it directly to TRS. 成员供款如下 递延税项.

An employee who is an active member in TRS at another higher education institution or public school district must contribute to TRS the required percentage of UHS salary regardless of whether or not the UHS position is eligible for TRS membership. 

• TRS福利手册(PDF)
• 受益人指定表格TRS 15 (PDF)
• 地址更改表格TRS 358 (PDF)
• Election to participate in ORP and/or Refund TRS 28 (PDF)
• Agency Certification of 退休 Eligibility Form (PDF)

The 选择性退休计划(ORP) is a defined contribution plan that is available as an alternative to the 教师退休制度 for full-time faculty, librarians, and certain administrators and professionals employed by Texas public institutions 高等教育. ORP-eligible employees have 90 days from their first day of employment in an ORP-eligible position to make a one-time irrevocable election of ORP in lieu TRS的.

 New UHCL benefits eligible employees who have received the ORP option and elected ORP prior to their employment, will be required to participate in ORP. 概述 below contains information you need to know before your 90-day ORP election period 到期.

ORP供款率(PDF)

The following plans are available to employees under the rules and regulations of the Internal Revenue Service as well as legislation know as the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA). 员工可以同时参加这两项活动 同时或独立计划. Both plans are voluntary and there are no matching 大学的贡献.

延税年金计划(TDA)

Employees may purchase tax deferred plans with a portion of their salary. 员工的 contributions are deposited with an approved company of the employee’s selection and 免税吗?. A variety of investment options are available including fixed annuities, 可变年金和共同基金. 每月最低供款额为25元.00和 the maximum amount is determined according to EGTRRA regulations and qualifications. Employees may increase or reduce the monthly amount (within the maximum limit), change companies or cancel their participation at any time with the required documentation. TDA’s have a 10% penalty tax applied to distributions made prior to age 59 ½ unless 有一个例外.  For additional information, please contact your 好处 Coordinator.

递延补偿计划

Employees may also enroll in the 德克萨斯州 457 deferred compensation program administered by Empower 退休 under the guidelines set by ERS. 有几个 investment allocations available that include money market funds, bond fund, index funds, value accounts, overseas funds and growth funds.  一个或多个基金可以 被选为投资选项.  每月最低供款额为20美元.00 and the maximum amount is determined according to EGTRRA regulations and qualifications. Employees may increase or reduce the monthly amount (within the maximum limit), change companies or cancel their participation at any time with the required documentation.  This 457 has no penalty tax on distributions at any age after termination of employment.  For additional information, please contact your 好处 Coordinator.

UHCL participates in 社会保障和医疗保险. 缴费率是社会的 安全/FICA - 6.2% by employee; 6.2%由雇主提供. 联邦保险缴款 Act is the federal law that requires you to withhold two separate taxes from the wages 你赚. It includes Social Security Tax and Medicare Tax at a flat percentage rate. 社会保障税是6.2% rate 你的工资, and the Medicare Tax is 1.45% 你的工资.  更多信息请参考 www.ssa.政府.

退休@Work® brings together information from all your Plan’s investment providers in one spot to give you a more complete picture of your retirement savings.  另外，你可以复习 and update your contribution amount and investment choices, and take advantage of calculators and other tools to help plan for the type of retirement you want.