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The County participates in the Texas County and District
Retirement System (TCDRS), which is a retirement and disability pension system
for county employees in the State of Texas. Participation in TCDRS is mandatory
for all regular full-time and part-time employees regardless of age. Employee
contributions to TCDRS begin immediately. Employees contribute 7% of gross pay
and become vested after eight years of service. The County matches employee
contributions at a ratio of 2 to 1. The plan is designed to provide
retirement income for life, as well as disability and death benefits to employees
and their beneficiaries. Employees receive the County's contributions only at
retirement in a monthly annuity check. There are many provisions of TCDRS, which
may affect individual employees such as credit for prior service, military service,
and service with other retirement systems. To be eligible for retirement, employees
must: (1) have at least eight years of credited service and be age 60; OR (2)
have any combination of age plus years of service which equals 75; OR (3) have
at least 30 years of service at any age. This plan coordinates with other statewide
systems.
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