Central Texas College

Pension Plans

Central Texas College maintains two IRS Section 401(a) defined contribution ERISA-compliant qualified pension plans for its employees.  With some exceptions, the Employees’ Pension Plan and Trust (referred to as QPP) is for full-time employees and the Employees’ Supplemental Plan and Trust (referred to as SPP) is for part-time employees.  On September 1, 2012, our QPP and SPP pension plan recordkeeper changed from VALIC to TIAA-CREF Retirement Services.  For more information, continue to scroll down. 

Contact numbers are:

CTC

Employee Benefits:

254-526-1416 or 1305

 

For those outside of Texas:

800-792-3348 ext 1416 or 1305

 

For those within Texas:

800-223-4760 ext 1416 or 1305

 

Building Fax:

254-526-1170

 

Email address:

pension.plan@ctcd.edu

 

TIAA-CREF

Call Center

800-842-2252  

Monday - Friday 7 a.m. to 9 p.m. and Saturday 8 a.m. to 5 p.m.

(automated system available 24/7)

Overseas Participants

212-490-9000   During call center hours

Set Up Individual Counseling Session

 

800-732-8353  or visit www.tiaa-cref.org/schedulenow

Website

www.tiaa-cref.org/tcm/ctcd

Pension Plan Information

Central Texas College maintains two IRS Section 401(a) defined contribution ERISA-compliant qualified pension plans for its employees. CTC pension plans operate in compliance with ERISA regulations, and are audited every year by an outside independent audit firm. The pension plans are monitored by a Pension Plan Trust Committee, which is composed of active employees from various CTC departments.

Our Pension Plan Recordkeeper

On September 1, 2012, our QPP and SPP pension plan record keeper changed from VALIC to TIAA-CREF Retirement Services.

QPP and SPP Plans

Central Texas College maintains two qualified pension plans for its employees. The Employees’ Pension Plan and Trust (referred to as QPP) is for full-time employees (with some exceptions) and the Employees’ Supplemental Plan and Trust (referred to as SPP) is for part-time employees (with some exceptions).

Beneficiary Designation
Address Changes
Distribution Information

Taking money from your pension account: If you are terminated or retired from CTC, or if you are just thinking about terminating or retiring from CTC, here is some information you need to consider when planning your pension distribution. 

If you are making voluntary QPP contributions, see how to withdraw some or all of your contributions.

Are you over the age of 70 1/2?

For all retirement accounts involving tax-deferred dollars (like QPP and SPP), special Required Minimum Distribution (RMD) rules require that individuals who reach the age of 70 1/2 must begin withdrawing a portion of their account every year.

Frequently Asked Questions (FAQ)