What benefits do you get working for the state of Texas?

Secure Your Future

  • State-paid health and life insurance plans for you.
  • Optional dental plan and health insurance for your family members.
  • State retirement matching contribution of 9.5 percent of gross salary.
  • Optional 401K and 457 Plans.
  • Flexible health and dependent day care accounts.

What discounts do State of Texas employees get?

Texas State Employees, retirees, their families, and friends are eligible for Employee Discounts, special pricing, and perks on products and services they use every day. As a member, you will find employee discounts on travel, insurance, car rentals, prescriptions, cell phones, tires, movies, theme parks, and more.

Do Texas state employees get free health insurance?

Most state agency and higher education employees and their families become eligible for health coverage after 60 days of employment. The state pays 100% of the monthly premium for eligible full-time employees, and half of eligible family members’ premiums.

Does TxDOT have good benefits?

TxDOT provides comfort and security with healthcare and retirement plans, and we offer a variety of other benefits to support our employees.

Do Texas state employees get a pension?

The State of Texas retirement plan is mandatory for most state agency employees and provides a lifetime annuity when they retire. In addition to mandatory participation in State of Texas retirement, eligible state agency employees are encouraged to contribute to personal retirement savings.

How long do you have to work for the State of Texas to retire?

At least age 55 but less than age 62, have at least 20 years of service credit, and meet the Rule of 80 (combined age and years of service credit total at least 80), or. At least age 62, meet the Rule of 80, and have at least five years of service credit.

When can I retire from TxDOT?

Age 60
Retirement Eligibility Age 60 with five years of service credit (without insurance benefits). Rule of 80: Your years and months of service credit (at least five years) and your years and months of age equal or exceed 80.

Does TxDOT have a pension?

Employees are automatically enrolled in the state’s retirement plan, administered by the Employees Retirement System of Texas (ERS). ERS provides a defined benefit retirement plan that protects you from market fluctuations, unlike many private employer plans.

Does the state of Texas pay for health insurance?

Health Plan Premiums The contribution rate is based on available funding provided by the Texas Legislature. Currently, the state pays 100% of the health plan premium for eligible full-time employees and 50% of the premium for their eligible dependents.

How long do you have to work for the State of Texas to get a pension?

If you meet the Rule of 80 and have at least 10 years of service credit, you will be eligible at retirement for a monthly retirement payment, health insurance, and optional benefits.

How many years do I have to work for the State of Texas to retire?

Age 65 with five years of service credit, or. At least age 55 but less than age 62, have at least 20 years of service credit, and meet the Rule of 80 (combined age and years of service credit total at least 80), or. At least age 62, meet the Rule of 80, and have at least five years of service credit.