Retirement - Classified

Written By Steve Glenn

Updated at August 3rd, 2024

KCS wants to make your transition into retirement as smooth as possible. We have come up with a list of a few things to remember.

  1. Employees must meet and/or complete paperwork with the Knox County Retirement and Pension Office
  2. Knox County Government will officially retire the employee the 1st day of the month following your last check
  3. To continue the benefits of life, health, dental, and vision insurance you will need to speak with a member of the KCS Benefits Department
  4. If you wish to return to KCS as a retiree you must wait 120 calendar days  from the date of your last paycheck and approval of Knox County Retirement and Pension Board before you can apply to return to work.

Retirement Deadlines

100 DAY RETIREMENT DEADLINES

for the 2024-2025 School Year

 

Letter Due Date Last Day of Work No. of Contract Days
September 12 December 20 any - semester end
September 22 December 31 any - semester end
February 11 May 22 189
February 12 May 23 196
February 12 May 23 200
February 23 June 2 205, 211, 216, 221
March 8 June 16 232
March 16 June 24 242
March 22 June 30 255

The above dates are for those working until the end of a contract.  If you choose to retire at another time throughout the year, the 100 day deadline still applies in order to receive the sick leave incentive.  Your retirement commitment letter must be in the Retirement Office 100 calendar days prior to your last day of work.

You may fax the commitment letter to 865-594-9523 or send it via school mail to the Benefits Office, 5th Floor, UT Tower.  If you would like a confirmation receipt, please state that on the form.

Once you have sent in your commitment letter, classified employees should contact the Knox County Pension Board at 865-215-2323 or retirement@knoxcounty.org.  Classified employees choosing to continue insurance at retirement (health, dental, vision, or life) should also contact the Benefits Department for the appropriate forms.

Voluntary 457

As a classified employee and a participant in the Asset Accumulation Plan, you are eligible to contribute into a Voluntary 457(b).  You may elect to contribute an additional percentage of pay on a pre-tax basis into any one of the four vendors under the Knox County Retirement & Pension Board. Your contributions would be matched based on your years of service. Please note that your contributions would be subject to the annual IRS limit guidelines.

Years of Service Employer Matching Contributions
Less than 5 years 0%
5 - 9 years Up to 2%
10 - 14 years Up to 4%
15 or more years Up to 6%

Beneficiaries

If you are experiencing a change in status such as marriage, divorce, or if your beneficiary passes away, please remember to change your beneficiary information as soon as possible.

Contact:

Knox County Retirement & Pension Board

City County Building, Room 371

400 Main Street

Knoxville, TN 37902

retirement@knoxcounty.org
Phone: 865-215-2323
https://www.knoxcounty.org/retirement/

 

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