Coming Soon: Your 2016 Pension Plan deposit

December 6, 2016

12616retirementbenefits250At Texas Children’s, our employees lead tirelessly every day in service to our patients and our organization. As part of our commitment to your financial well-being, our comprehensive Total Rewards program includes two retirement plans to help you save for your future.

Texas Children’s Pension Plan
We are excited to announce that on approximately Friday, December 9, Texas Children’s will post your 2016 Pension Plan deposit into your account. To see how much your pension plan has grown, log into your account at ibenefitcenter.com. For new users, you can register by clicking on “Get Started” to enter the last four digits of your social security number and your date of birth. On the website, you will also find useful tools to help you view your balance, estimate your future pension plan balance and verify/update your beneficiary information.

This pension plan is designed to provide a foundation for your retirement and is fully funded by Texas Children’s. You are automatically enrolled in the plan on April 1 or October 1 once you reach 21 years of age and have worked 1,000 hours or more during the 12 consecutive months after your initial date of hire.

To learn more about the pension plan, click here to view the summary plan description or call the Texas Children’s Pension Plan Support Team at 800-752-8230 between 8 a.m. and 5 p.m., Monday through Friday central time.

Texas Children’s 403(b) Savings Plan
The 403(b) savings plan provides matching contributions (free money) from Texas Children’s! Texas Children’s matches 50 percent on the first 6 percent of your pre-tax contributions per pay period, to a maximum of $8,100 for 2017, and then you choose how to invest those funds. The more you save, the more Texas Children’s contributes. If you are not already enrolled in the 403(b) savings plan or not contributing at least 6 percent, you should consider doing so now.

You can enroll anytime by contacting Fidelity at 800-343-0860 between 7 a.m. and 11 p.m., Monday through Friday central time or online at fidelity.com/atwork. If you are registering online for the first time, please click on “Register” in the login area to enter the last 4 digits of your social security number and your date of birth. Don’t miss out on this valuable match!