District #162 offers two Defined Contribution retirement plan options as provided for in the US Tax code; a 403(b) plan and a 457(b) plan. Employees can choose to enroll in either one (or both) when they would like to add retirement options beyond TRS or IMRF.
TSA Consulting Group
District #162 Contracts with TSA Consulting Group to administer all 403(b) and 457(b) retirement plans. Information regarding the District's 403(b) and 457(b) plan offerings, enrollment forms, distribution forms, and other helpful tools for retirment planning can be found on the TSA website at the link below:
The following information may be helpful in understanding and utilizing the District's plans through TSA Consulting: