TVARS news – December, 2023

TVARS announces Cost-of-living adjustment (COLA) for 2024 Dec 13, 2023 For 2024, the COLA for eligible retirees and beneficiaries will be 4.44%. The TVARS Rules and Regulations (TVARS Rules) provide that eligible retirement benefits (pension and supplemental benefits)...

Clement Wins TVARS Board Election

In the recent election for a director vacancy on the TVA Retirement System Board, employees voted to elect Mike Clement, energy services consultant, Energy Services and Programs, Commercial Energy Services, Financial Services, Cleveland, Tennessee. His three-year term...

Winter Storm Elliott After-Action Review Team Formed

TVA takes full ownership for the impact we had on our customers during winter storm Elliott. We never want to impact anyone’s energy at any time. These extreme conditions brought record-breaking demand and unanticipated challenges, resulting in two occasions that...

Eric Davis Appointed to TVARS Board

TVA CEO Jeff Lyash has appointed Eric Davis to the TVA Retirement System Board effective April 1, 2020. Eric will replace Tammy Wilson on the TVARS Board. Eric has 20 years of finance and investment experience at TVA and holds the Chartered Financial Analyst (CFA)...