PUBLIC PENSIONS
The Travis Central Appraisal District is committed to public pension transparency.
TCAD is a member of the Texas County and District Retirement System (TCDRS). Since 1967, TCDRS has provided retirement, disability, and survivor benefits on behalf of counties and districts across the state. Each employer customizes the benefit plan for their employees and retirees.
The information below is intended to assist taxpayers in learning more about the District’s pension efforts.
Additional information on the Comptroller’s Transparency Stars Program can be found at Transparency Stars (texas.gov)
BENEFITS & ELIGIBILITY
The Travis Central Appraisal District offers employees a retirement plan through the Texas County & District Retirement System (TCDRS). Every time an employee gets a paycheck, a percentage is deposited into their TCDRS account. That money is tax-deferred.
Money in a TCDRS account grows at an annual compound interest rate of 7%. TCDRS credits this interest to employee accounts each month based on the account balance as of January 1.
PENSIONS SUMMARY
PLAN HEALTH
TCDRS provides an actuarial valuation of the District’s retirement plan each year. The valuation provides a snapshot of the plan’s financial condition and results are used to determine the District’s required contribution rate.
IMPORTANT DOCUMENTS
The documents below provide additional information on our pension program:
PLAN ASSESSMENTS
SUMMARY VALUATIONS
ANNUAL COMPREHENSIVE FINANCIAL REPORTS
MISCELLANEOUS
Additional documents, including our annual reports, budgets, reappraisal plans, certification data, and energy usage can be found on our public information page.
Any documents not listed on our website can be obtained by filing a public information request.
TEXAS PUBLIC PENSIONS
More information on pensions offered throughout Texas can be found using the Texas Comptroller of Public Accounts public pension search tool.