Yes. The retirement plan maintains a Supplemental Retirement Benefit Reserve (SRBR) which is used to fund additional benefits for retirees. The reserve is funded almost entirely out of "excess" earnings that occur when TCERA's investment performance is higher than expected. No employer or employee contributions are required to go into the SRBR.

Unlike your basic retirement allowance, benefits paid from the SRBR are not guaranteed. Even so, the Retirement Board has taken steps to make sure that funds from the SRBR will be available for many years.

For more details on the SRBR benefits, return to the area listing TCERA's various publicationa and click on the one entitled "Supplemental Retirement Benefits".