Savings Plans

Texas Municipal Retirement System (TMRS)
Participation in the system is mandatory for all regular full-time and regular part-time employees. Currently, each employee contributes at a rate of 6% of his/her gross wages. The City currently contributes to each employee’s account at a 2:1 ratio.

457(K) PLAN
Plans available through ICMA Retirement Corporation and VALIC. Employee may enroll at the time of hire.

Section 125/Flexible Benefits Plan
(Employee must enroll within 30 days of date of hire; thereafter, next enrollment is in December). Allows pre-tax payment of health and dental premiums, a medical reimbursement plan and a dependent care reimbursement plan.