TGRS Plans are designed to provide Tribal leaders with quality retirement choices. Tribal Leaders may adopt Defined Benefit or Defined Contribution pension programs for their employees, and the Generations Income Savings Plan for all Tribal members.

For Employees

Defined Benefit Plan: A Defined Benefit plan promises an employee a specific monthly lifetime pension payment when the employee retires. The payment is based on a formula that considers the employee’s years of service, final average compensation and a percentage multiplier adopted by the Tribal leaders. The plan is funded with a combination of contributions from the Tribal leaders and their employees.

To download a copy of the handbook, click here.

Defined Contribution Plan: A Defined Contribution plan provides an individual account for each participant. The benefits are based on the amount contributed into the plan by the Tribal leaders and their employees. The employee has a choice in which investment vehicle the account is invested. Participants may invest in MERS Total Market Portfolio, which has enjoyed a consistent and secure rate of returns even in the most volatile of markets.

For Tribal Members
Generations Income Savings Plan:The Generations Income Savings Plan is a way to set aside money today for a guaranteed income in the future. The Tribe elects to put funds in a trust account that would grow at a guaranteed interest rate for each member. Once a Tribal member reaches a certain age (as determined by the Tribal Council), he or she would receive a monthly income for remainder of his or her life.

To learn more about our plans please contact a TGRS representative by email or at (877) 641-TGRS (8477), Ext. 334 and ask to speak with a TGRS Benefit Plan Advisor.