CURRENT NEWS

2013 Knox County Retirement and Pension Employee Election

The following employees have been certified as the winning candidates:

Knox County Schools classified employees – Seat A
  • Joe Snyder
Knox County Government employees including employees in the City A Teachers Plan and Uniform Officers Pension Plan (UOPP) – Seat B
  • Nick McBride

Certified count totals are on file in the Knox County Retirement Office, you may call 215-2323 with questions or concerns.

Thank you,
Kim Bennett
Executive Director

Document Committee Meeting
When: Tuesday, March 21, 2013
Where: Commissioners Conference Room 640
Time: 3:30


Knox County Retirement Election Candidates Announced
– Library Location Times have been revised

Please click here for the complete information regarding the election on Thursday, February 14, 2013.

Investment Committee Meeting Change
The Knox County Retirement Investment Committee meeting has been changed to Monday, February 11th in the Knox County Commissioners Conference Room #640 at 1:00 p.m.
Please click here for memo details.

GASB Workshop
When: Wednesday, January 16, 2013
Where: Commissioners Conference Room 640
Time: 8:30 a.m.

Click here for memo.

Cancellation of Meeting

The Document Committee meeting for the Knox County Retirement and Pension Board that was scheduled for WEDNESDAY, JANUARY 9, 2013 at 3:00 pm HAS BEEN CANCELLED DUE TO ILLNESS!
The meeting will be rescheduled at a later date

Click here for complete memo.


To: All Active Knox County Employees
Uniformed Officers Pension Plan Employees (UOPP)
Knox County Schools Classified Employees
City A Teachers Plan Employees
Asset Accumulation Plan Employees

The Knox County Retirement & Pension Board announces two vacancies on the Board. The Charter provides that the position, Seat A, be filled by a representative from the active participants employed as a Knox County School Classified Employee and Seat B, be filled by a representative from the active participants in Knox County Government, Uniformed Officers Pension Plan (UOPP) and active City A Teachers Plan.

Those interested in being a candidate for this seat (March 2013 through February 2017) can obtain a qualifying petition from the Retirement Office, Room 371, City-County Building, between the hours of 8:00 a.m. and 4:30 p.m., Monday through Friday. Completed petitions must be received in the Retirement Office by 4:00 p.m. on January 31, 2013.

Employees of Knox County Government and Active employees covered by City A Teachers Plan and Knox County Schools Classified Employees may participate in this election (as candidate or voter).

Knox County Schools Certified Teachers and Knox County Government Employees in TCRS are not eligible for this election.

See the attached flyer for detailed information regarding the election.

2013 IRS 457(b) Deferred Compensation Limits

Each year the IRS sets limits for how much a 457(b) Participant can contribute on a pre-tax basis. For participants who are age 50, additional contributions are allowed up to a higher limit. For participants who wish to use the “catch-up” provision and contribute more than the basic limit, the Retirement Office must be informed with a notation on the 457(b) Enrollment/Change Form. Unless otherwise noted, Participants will be limited to the annual limit of $17,500 for 2013.

Keep in mind that you can monitor your year-to-date contributions on your payroll check stub.

Limit Year 2013 Limit Amount AGE 50 or Older
2013 Annual Limit $17,500 $17,500
Catch Up $0 $5,500
Total Eligible 2013
457(b) Contributions
$17,500 $23,000


Discussion and Plan for the New Uniformed Officers Pension Plan

Meeting: November 15, 2012 (Revised)
Time: 2:00 p.m.
Where: Commissioners Conference Room

Click here for more information

August Investment Committee Meeting

The Knox County Retirement & Pension Board Investment Committee will be conducting interviews for a Money Manager prior to their regular scheduled meeting.

Interviews Begin:
When:   Tuesday, August 21, 2012
Where: City-County Building, Room 640
Time:     10:00 a.m.

Regular Meeting:
When:   Tuesday, August 21, 2012
Where: City-County Building, Room 640
Time:     1:00 p.m.


Stand Alone Funds Name Change

Effective 6/30/2012, the Pioneer Cullen Value will now be called Pioneer Fundamental Value. The new fund name will be reflected on the 6/30/2012 statements.


April Retirement Board Meeting

The Knox County Retirement & Pension Board has rescheduled the April Board Meeting to meet as follows:

When: Monday, April 16, 2012
Where: City-County Building, Room 640
Time: 1:00 p.m.


12th Annual Retiree Luncheon Held April 10th

The 12th Annual Retiree Luncheon was held on Tuesday, April 10th at Rothchild's Catering & Conference Center with approximately 600 in attendance. As always, our guests were able to mingle with the crowd and reconnect with old friends.

To view the latest photos of the luncheon or photos from the past just click here.


The Document Committee will meet on Thursday, March 15th at 10:00 a.m. in Room #361 of the City-County Building. The purpose of this meeting is to discuss the disability definition.


A workshop will be held for the Knox County Retirement & Pension Board Members
to discuss the Uniformed Officers Pension Plan.

Knox County Retirement & Pension Board UOPP Workshop
When: Tuesday, February 21st, 2012
4:00 p.m. – 6:00 p.m.
Where: City-County Building
6th Floor, Room #640
Purpose: To discuss the Uniformed Officers Pension Plan (UOPP)

Disability Committee Meeting
The Disability Committee will meet on Tuesday, January 17th at 1:00 p.m. in Room #361 of the City-County Building.

Please Note: This meeting is for the purpose of considering the appeal of an application for a disability pension benefit, and personal health information protected by Federal HIPAA rules will be disclosed and discussed. Therefore, at the request of the applicant, this meeting of the Disability Committee will be CLOSED to the public.


Child Supplemental Life Insurance
Once your child turns age 26, they are no longer eligible for Child Supplemental Life Insurance through Knox County Retirement. You will need to update your supplemental life participants as soon as your child turns age 26. If you are currently carrying more than one child under the age of 26 on the Child Supplemental Life Insurance, your premium will not be affected. If you only carry one child that is no longer eligible for Life Insurance coverage, please contact the Retirement Office at 215-2323 to stop the deduction from your paycheck.

Voluntary 457 Plans

Limit Year 2012 Limit Amount AGE 50 or Older Age 62, 63, 64
2012 Annual Limit $17,000 $17,000 $17,000
Catch Up $0 $5,500 $17,000
Total Eligible
2012 457(b) Contributions
$17,000 $22,500 $34,000


Years of Service Employer Matching Contribution

The Employer matching contributions are deposited into your 401(a) retirement plan.

Less than 5 years 0%
5 to 9 years Up to 2%
10 to 14 years Up to 4%
15 or more years Up to 6%


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