Effective June 1, 2012, TCU will add ING as an option for the basic retirement plan (TCU’s 11.5% contribution) alongside TIAA-CREF and the Pension Fund of the Christian Church. Also effective June 1, 2012, ING,TIAA-CREF and the Pension Fund of the Christian Church will be the approved vendors for supplemental retirement accounts (your payroll contributions).

 

No action is required if you wish to continue your basic retirement account or your supplemental retirement account with TIAA-CREF or the Pension Fund of the Christian Church. If you would like to consider INGinstead of your current vendor(s) you will have that option shortly.

 

If you currently have a supplemental retirement account with American Century, Kemper, MetLife, Fidelity or Valic, you will need to take action. You will no longer be able to contribute to these vendors after May 31, 2012.  Contributions after May 31 may only be directed to TIAA-CREF, The Pension Fund of the Christian Church, or ING.

 

For more information on the process, visit www.hr.tcu.edu or contact Tracy Thompson, TCU Benefits Manager, ext. 5017 or t.thompson@tcu.edu.