Broker Check

Teacher & Employee Retention Incentive (TERI) Program

Do You Have a Plan?

Are you one of the more than 7,500 participants of South Carolina’s Teacher & Employee Retention Incentive Program? If so, thank you for your additional years of service.

Did you know that you if you enrolled in the program after June 30, 2012, that you must end your participation within 5 years or by June 30, 2018 – whichever is sooner? 

Do you have a plan for the TERI assets you’ve accumulated over the years? And/or do you have an overall financial plan? If you answered ‘no’ to either of the two previous questions, ACI Financial is here to help!

What We Do

Through comprehensive financial planning, risk management and various investment options, we work with you to create a customized plan to help you reach your financial goals. Selecting the right products to support your specific goals starts with a conversation with an experienced financial professional at ACI Financial.

How We Do It

Educate. Create. Implement.

Educating our clients is a priority at ACI Financial. We’re able to do this through a number of resources, including newsletters, video newsletters and email campaigns. We recognize that an informed client is a better client. 

Creating customized financial plans is our expertise. We’ll work together with you to evaluate your current and future needs, developing strategies to help you reach your goals and selecting the investment vehicles to support them.

Implementing your plan is paramount to its success. We’ll work with you to implement the plan and its components as it was designed for you. Note that while your plan is the blueprint to your financial goals, plans can and should be changed as needs change.


Who We Are

ACI Financial is an advisory firm that has had the privilege of serving Clemson, the surrounding area and all of South Carolina for or over 55 years. We pride ourselves on our commitment to our community through our involvement in numerous local causes and have helped countless individuals and businesses with their diverse financial services needs. We hold ourselves to the highest level of integrity and professionalism as we work with our clients – and we’re here to help you too.

TERI Program General Information*

  • The TERI Program is designed for employees who retire from the South Carolina Retirement Systems, but want to continue employment with the agency and retain the same positions they held prior to entering the program. Participation in the TERI Program is generally for a period not to exceed five years, but it is not guaranteed employment for the specified program period.
  • An active contributing member under the South Carolina Retirement Systems who is eligible for service retirement may participate in the TERI Program. Effective July 1, 2012 the program is not available to new hires. New enrollees in the program after June 30, 2012 must end their participation within five (5) years or by June 30, 2018, whichever is earlier.
  • Participation in the TERI Program is a voluntary agreement between the employee and the employer. The employee must retire for purposes of the South Carolina Retirement Systems, and the employee's normal retirement benefit is calculated on the basis of the employee's average final compensation and service credit at the time the employee enters the TERI Program.
  • A participant in the TERI Program retains the same status and employment rights he held upon entering the program, with the exception of grievance and reduction in force rights. TERI employees will earn annual leave and sick leave at the rate consistent with their years of State service and are eligible for active State employee health insurance benefits and active employee group life insurance benefits. TERI employees are not, however, eligible for disability retirement benefits.

*Source: http://www.admin.sc.gov