TEACHERS’ RETIREMENT SYSTEM
All full time employees at Shelton State Community College are required to participate in the Alabama Teachers Retirement System (TRS). Part-time employees, who work at least twenty hours per week, are also mandated to participate in TRS as a Shelton State Community College employee. Part-time employees working less than nineteen hours per week (i.e., adjunct faculty) who are already participating in TRS through other school systems or institutions are also required to participate in TRS while working at Shelton State Community College.
Employees must contribute a percentage of their salary based off of hiring date to provide for their retirement benefits:
- Tier 1 - Employees hired prior to January 1, 2013 must contribute 7.5% of gross earnings to provide for their retirement benefits.
- Tier 2 - Employees hired on or after January 1, 2013 must contribute 6.00% of gross earnings to provide for their retirement benefits.
TRS now offers a quick way to inform employers and members of information relating to your TRS retirement benefits and issues affecting the Retirement Systems of Alabama. Click on the links below:
Deferred Compensation Plan (RSA-1)
Shelton State employees may participate in RSA-1, a deferred compensation plan that provides access to tax deferred savings for retirement. This plan is not eligible for matching funds. Employees interested in this plan should contact the Office of Human Resources at 205.391.5816 or the Retirement Systems of Alabama (RSA) at http://www.rsa-al.gov or 877.517.0020.
TeacherS’ Retirement System
P.O. Box 302150
Montgomery, Alabama 36130-2150
334.517.7000 or 877.517.0020