Plano ISD has established a 401(a) retirement savings plan for all teachers. Each spring the district makes an annual contribution of $500 into this plan for your retirement. ING Financial Services is the exclusive provider for the Plano ISD 401(a) Plan.

Here is how it works:

$500 is placed into a personal ING Money Market VP Fund.
Funds may be directed into a selection of 70 different investment options.
Local ING representatives are available to meet with employees to discuss the various funds available.
- Brenda Forcht (972)643-6337
- Lisa Emmons (972)643-6316
The vesting period is 50% at 5 years of service, 75% at 6 years and 100% at 7 years.

Plano ISD is committed to retaining and attracting excellent teachers. This is just one way the district shows its support to employees who make a difference in the lives of our students.

Teachers Retirement System

Employees who work at least 50% will automatically become members of the Teachers Retirement System of Texas (TRS). Standard contributions from both the district and the employee are made to TRS. Employees also make standard monthly contributions to the TRS-Care retiree insurance plan, which is available upon your retirement through TRS. For more information, you may contact the Payroll Department at (469)752-8128, or the TRS at 1-800-223-8778

Banking

Plano ISD, together with Bank of America, bring you a special banking benefits program - Bank of America at Work. This program offers you savings on a variety of bank accounts and services. You can choose from:

Discounted and no-monthly-maintenance-fee checking options with direct deposit of your pay
Interest rate bonuses on CDs and IRAs
Discounts on loans
...And more

The Bank of America at Work web site for Plano ISD will show you what is available, help you open your accounts, and provide up-to-date financial information.

Banking Benefits Overview (46 KB)

Teachers' Home Loan Programs (113 KB)