Tennessee · TCRS · Which plan?

TCRS Legacy or Hybrid: which plan are you in?

Tennessee teachers are in one of two TCRS plans. Your hire date decides which, and the two pay very differently.

Short answer: hired before July 1, 2014 and kept your membership? You're in Legacy: 1.5% a year of service, plus 5%. Hired on or after it? Hybrid: 1% a year plus a 401(k). You can't choose, and a former Legacy member who lost membership and came back is Hybrid. Details: the formula, the Hybrid Plan, retirement ages. Try a Legacy or Hybrid example in the calculator.

The one question: when were you hired?

Your TCRS annual statement and MyTCRS show your plan.

The one question: when were you hired? (Tennessee TCRS)
Legacy PlanHybrid Plan
WhoHired before July 1, 2014, membership keptHired on or after July 1, 2014
Pension formula1.5% × average × years (1.75% above the integration level), then +5%1% × average × years
A year of service on a $50,000 average$788 a year$500 a year
Full benefitAge 60, or 30 years at any ageAge 65, or age + service = 90
Early (reduced) benefitAge 55, or 25 yearsAge 60, or age + service = 80
You pay to TCRS5% of pay5% of pay
401(k)Optional, on your ownEmployer 5%; you 2% unless you opt out
Vested in the pension5 years5 years (401(k): right away)
Average final compensationFive highest years in a rowFive highest years in a row

Our summary of the member guides. Legacy Member Guide p. 5, Service Retirement; p. 7, Social Security Integration Calculation; Hybrid Member Guide p. 5, Benefit Accrual Factor; p. 6, Service Retirement Formula; Hybrid Member Guide p. 3-4, Contributions to the Hybrid Plan; p. 11-12, 401(k) Plan; Hybrid flyer p. 2

From the sources

Questions

Can I choose between Legacy and Hybrid?

No. Your hire date decides it. Teachers hired before July 1, 2014 who kept their membership are in Legacy; teachers hired on or after that date are in the Hybrid Plan.

I was a Legacy teacher, left and came back. Which plan am I in?

A former Legacy member who lost membership and is rehired as a full-time teacher on or after July 1, 2014 joins the Hybrid Plan. You lose Legacy membership by taking a refund, or by leaving before you're vested and staying out of TCRS-covered work for more than seven years.

Estimate your pension →

Source: TCRS Legacy Retirement Plan for Teachers Member Guide and Hybrid Retirement Plan for State Employees and Teachers Member Guide, Legacy 12/2024; Hybrid revised 07/2024, Legacy Member Guide pp. 2, 3, 5, 7; Hybrid Member Guide pp. 2, 3-4, 4, 5, 6, 11, 11-12. Also: Legacy flyer p. 1; Hybrid flyer pp. 1, 2; Separation from Service guide pp. 2-3; TCRS annual report FY2025 p. 37. Last reviewed .