Pensions And Retirement Benefits
Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 7; Title 8; Title 35; Title 49; Title 50; Title 56; Title 66 and Title 71, relative to benefits. [HB-1366]
[Workers' Compensation ]
[Labor, Jobs, Employment ]
[Retirement ]
As introduced, requires a member of TCRS to provide a copy of any final workers' compensation settlement or judgment to the retirement system no later than 45 days, rather than 30 days, after the settlement or judgment becomes final. - Amends TCA Title 7; Title 8; Title 35; Title 49; Title 50; Title 56; Title 66 and Title 71.
Sponsored by: Rep. Jesse Chism
P2c, Caption Bill, Held On Desk - Pending Amdt. on 02/12/2025
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Gettr Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Section 8-36-701, relative to cost-of-living adjustments for beneficiaries of the retirement system. [HB-1296]
[Retirement ]
[Taxes ]
[Budget and Spending ]
[Senior Citizens ]
[Pensions ]
As introduced, allows a retirement allowance increase equal to the percentage increase in the consumer price index if there is an over-collection of state tax revenue; requires this allowance increase to be used instead of the allowance increase in present law, which cannot exceed 3 percent. - Amends TCA Section 8-36-701.
Sponsored by: Rep. Jason Powell
Failed In S/c Public Service Subcommittee Of State & Local Government Committee on 03/19/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Section 8-36-701, relative to cost-of-living adjustments for beneficiaries of the retirement system. [SB-1157]
[Retirement ]
[Taxes ]
[Budget and Spending ]
[Senior Citizens ]
[Pensions ]
As introduced, allows a retirement allowance increase equal to the percentage increase in the consumer price index if there is an over-collection of state tax revenue; requires this allowance increase to be used instead of the allowance increase in present law, which cannot exceed 3 percent. - Amends TCA Section 8-36-701.
Sponsored by: Sen. Sara Kyle
Passed On Second Consideration, Refer To Senate State And Local Government Committee on 02/12/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 7; Title 8; Title 35; Title 49; Title 50; Title 56; Title 66 and Title 71, relative to benefits. [SB-1171]
[Workers' Compensation ]
[Labor, Jobs, Employment ]
[Retirement ]
As introduced, requires a member of TCRS to provide a copy of any final workers' compensation settlement or judgment to the retirement system no later than 45 days, rather than 30 days, after the settlement or judgment becomes final. - Amends TCA Title 7; Title 8; Title 35; Title 49; Title 50; Title 56; Title 66 and Title 71.
Sponsored by: Sen. Raumesh Akbari
Passed On Second Consideration, Refer To Senate State And Local Government Committee on 02/12/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34, relative to creditable service for retirement for public employees. [SB-966]
[Military ]
[Pensions ]
[Retirement ]
[Veterans ]
As introduced, expands the period of peacetime military service of a member of the Tennessee Consolidated Retirement System (TCRS) that the member may purchase for creditable service in TCRS. - Amends TCA Title 8, Chapter 34.
Sponsored by: Sen. Steve Southerland
Assigned To General Subcommittee Of Senate Finance, Ways & Means Committee on 04/14/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36, relative to retirement. [SB-953]
[Retirement ]
[Education ]
As enacted, authorizes, after July 1, 2025, a political subdivision to adopt a supplemental bridge benefit for members who are in positions covered by mandatory retirement provisions; makes related changes relative to supplemental bridge benefits. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.
Sponsored by: Sen. Bill Powers
Effective Date(s) 05/05/2025 on 05/13/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36, relative to retirement. [HB-977]
[Retirement ]
[Education ]
As enacted, authorizes, after July 1, 2025, a political subdivision to adopt a supplemental bridge benefit for members who are in positions covered by mandatory retirement provisions; makes related changes relative to supplemental bridge benefits. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.
Sponsored by: Rep. John Crawford
Comp. Became Pub. Ch. 383 on 05/13/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 4, Part 15, relative to investments. [HB-805]
[Finance ]
[Investments ]
[Pensions ]
[Retirement ]
As enacted, requires the TCRS board of trustees to divest the retirement system from investment activity it has in a company known to be majority-owned by China; requires a local governing body to divest its political subdivision pension plan from investment activity it has in a company known to be majority-owned by China. - Amends TCA Title 9, Chapter 4, Part 15.
Sponsored by: Rep. G.A. Hardaway
Effective Date(s) 04/24/2025 on 04/28/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 36, Part 8, relative to campus police officers. [SB-756]
[Law Enforcement ]
[Pensions ]
[Retirement ]
[Education ]
As introduced, authorizes a retired campus police officer to be reemployed in a position covered by TCRS as a law enforcement officer without the loss or suspension of the retired officer's TCRS benefits; extends the repeal date for the provision authorizing retired law enforcement officers to be reemployed without the loss or suspension of retirement benefits from June 30, 2025, to June 30, 2027. - Amends TCA Title 8, Chapter 36, Part 8.
Sponsored by: Sen. Ken Yager
Assigned To General Subcommittee Of Senate Judiciary Committee on 03/03/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 3; Title 8, Chapter 27, Part 2; Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36, relative to retirement benefits for members of the general assembly. [SB-722]
[Retirement ]
[Healthcare ]
[Pensions ]
As introduced, requires the board of trustees of the Tennessee consolidated retirement system to convert a person's participation in the retirement system, for service as a member of the general assembly and as a participant in the hybrid plan, from the hybrid plan to the legacy plan upon the person completing 10 years of service as a member of the general assembly if the person became a member of the general assembly on or after July 1, 2014; requires retiree health benefit coverage be made available to retired members of the general assembly with
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Sponsored by: Sen. Tom Hatcher
Assigned To General Subcommittee Of Senate State & Local Gov't Committee on 04/02/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 36, Part 8, relative to campus police officers. [HB-774]
[Law Enforcement ]
[Pensions ]
[Retirement ]
[Education ]
As introduced, authorizes a retired campus police officer to be reemployed in a position covered by TCRS as a law enforcement officer without the loss or suspension of the retired officer's TCRS benefits; extends the repeal date for the provision authorizing retired law enforcement officers to be reemployed without the loss or suspension of retirement benefits from June 30, 2025, to June 30, 2027. - Amends TCA Title 8, Chapter 36, Part 8.
Sponsored by: Rep. Dennis Powers
Taken Off Notice For Cal In S/c Public Service Subcommittee Of State & Local Government Committee on 03/12/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34, relative to creditable service for retirement for public employees. [HB-756]
[Military ]
[Pensions ]
[Retirement ]
[Veterans ]
As introduced, expands the period of peacetime military service of a member of the Tennessee Consolidated Retirement System (TCRS) that the member may purchase for creditable service in TCRS. - Amends TCA Title 8, Chapter 34.
Sponsored by: Rep. Jeremy Faison
Taken Off Notice For Cal In S/c Finance, Ways, And Means Subcommittee Of Finance, Ways, And Means Committee on 04/02/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 36, Part 8 and Title 68, Chapter 140, Part 3, relative to emergency medical services. [HB-628]
[Healthcare ]
[Labor, Jobs, Employment ]
[Retirement ]
[Public Health ]
As introduced, extends, from June 30, 2025, to June 30, 2028, the authorization for an emergency medical service employee who has been retired for at least 60 days from TCRS to accept employment as an emergency medical services employee without loss or suspension of retirement benefits if certain conditions are met. - Amends TCA Title 8, Chapter 36, Part 8 and Title 68, Chapter 140, Part 3.
Sponsored by: Rep. Paul Sherrell
P2c, Caption Bill, Held On Desk - Pending Amdt. on 02/05/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37, relative to retirement. [SB-510]
[Retirement ]
[Pensions ]
As enacted, establishes that certain public officials, including members of the general assembly, who take office on or after July 1, 2025, have mandatory membership in the Tennessee consolidated retirement system (TCRS); allows a retiree to reannuitize retirement benefits in favor of a new spouse beneficiary following cancellation of a former spouse beneficiary due to divorce; makes other revisions to provisions governing the TCRS. - Amends TCA Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter
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Sponsored by: Sen. Page Walley
Effective Date(s) 05/05/2025 on 05/13/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 4, Part 15, relative to investments. [SB-542]
[Finance ]
[Investments ]
[Pensions ]
[Retirement ]
As enacted, requires the TCRS board of trustees to divest the retirement system from investment activity it has in a company known to be majority-owned by China; requires a local governing body to divest its political subdivision pension plan from investment activity it has in a company known to be majority-owned by China. - Amends TCA Title 9, Chapter 4, Part 15.
Sponsored by: Sen. Joseph Hensley
Comp. Became Pub. Ch. 289 on 04/28/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 36, Part 8 and Title 68, Chapter 140, Part 3, relative to emergency medical services. [SB-513]
[Healthcare ]
[Labor, Jobs, Employment ]
[Retirement ]
[Public Health ]
As introduced, extends, from June 30, 2025, to June 30, 2028, the authorization for an emergency medical service employee who has been retired for at least 60 days from TCRS to accept employment as an emergency medical services employee without loss or suspension of retirement benefits if certain conditions are met. - Amends TCA Title 8, Chapter 36, Part 8 and Title 68, Chapter 140, Part 3.
Sponsored by: Sen. Paul Bailey
Passed On Second Consideration, Refer To Senate State And Local Government Committee on 02/12/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 27; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37, relative to retirement planning. [HB-550]
[Retirement ]
[Pensions ]
As enacted, enacts the "Fairness in Benefits Act." - Amends TCA Title 8, Chapter 27; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.
Sponsored by: Rep. Mark Cochran
Effective Date(s) 05/02/2025 on 05/08/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37, relative to retirement. [HB-535]
[Retirement ]
[Pensions ]
As enacted, establishes that certain public officials, including members of the general assembly, who take office on or after July 1, 2025, have mandatory membership in the Tennessee consolidated retirement system (TCRS); allows a retiree to reannuitize retirement benefits in favor of a new spouse beneficiary following cancellation of a former spouse beneficiary due to divorce; makes other revisions to provisions governing the TCRS. - Amends TCA Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter
(continued...)
Sponsored by: Rep. Mark White
Comp. Became Pub. Ch. 367 on 05/13/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 3; Title 8, Chapter 27, Part 2; Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36, relative to retirement benefits for members of the general assembly. [HB-463]
[Retirement ]
[Healthcare ]
[Pensions ]
As introduced, requires the board of trustees of the Tennessee consolidated retirement system to convert a person's participation in the retirement system, for service as a member of the general assembly and as a participant in the hybrid plan, from the hybrid plan to the legacy plan upon the person completing 10 years of service as a member of the general assembly if the person became a member of the general assembly on or after July 1, 2014; requires retiree health benefit coverage be made available to retired members of the general assembly with
(continued...)
Sponsored by: Rep. Pat Marsh
Placed On S/c Cal Finance, Ways, And Means Subcommittee For 4/14/2025 on 04/09/2025
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Tennessee 114th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 36, relative to firefighter retirement age. [SB-301]
[Labor, Jobs, Employment ]
[Retirement ]
[Pensions ]
[Public Safety ]
As introduced, authorizes a firefighter with a rank equal to or higher than shift commander to continue in service beyond the mandatory retirement age of 62 years of age. - Amends TCA Title 8, Chapter 36.
Sponsored by: Sen. Robert Harshbarger
Passed On Second Consideration, Refer To Senate State And Local Government Committee on 02/12/2025