FICA Alternative Benefit

  • This is an eligible deferred compensation IRS Code Section 457b plan.

    It was established for part-time employees who are not eligible for the Teacher Retirement System of Texas and is intended as an alternative to Social Security contributions. 

    Part-time employees, who are receiving pension benefits from TRS, are not included. Contributions are made only by the employee.

    Participants, who terminate their employment with ECISD, can withdraw or roll over their accounts.

    Participants, who become full-time ECISD employees, can also withdraw or roll over accounts. Certain waiting periods and accounts balances may apply.

    Participants are provided quarterly account statements. It is important that they maintain current demographic and beneficiary information.

     

    Questions concerning statements, withdrawal or rollover should be address to:

                  TCG Administrators

                  3121 FICA Alternative Plan

                  900 S. Capital of Texas HWY, STE. 350

                  Austin, TX  78746

                  P: (800) 943-9179

                  F: (888) 989-9247

                 www.tcgservices.com

                 457@tcgservices.com