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 account 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 addressed 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

Financial Awareness Presentation - May 2022