Denton County is a member of the Texas County and District Retirement System (TCDRS). Under TCDRS, employees are subject to a mandatory deduction of 7% of total earnings and matched by the County on a 2.2 to 1 ratio.
There is an eight year vesting schedule, which includes:
Service Retirement at age 60 with at least eight years credited service and
Non-Service connected disability retirement with eight years of service if certified as disabled and
The rule of 75 which allows employees to take early retirement once the combination of their age and years of service equals 75
Employees with 20 years of service can retire at any age
Deferred Compensation 457 (Optional Retirement) Plan
In addition to the TCDRS Retirement Plan, Denton County also offers an optional Deferred Compensation 457 (Optional Retirement) Plan.
457 Plans offer a number of features and benefits to help employees achieve their financial goals and supplement their retirement. Participants in the program enjoy the convenience of payroll deduction, realize a tax deferral each pay period, and accumulate tax-deferred growth on deposits.