Pensions And Retirement Benefits

State (Tennessee)
Tennessee 110th General Assembly

As introduced, authorizes Tennessee consolidated retirement system members who deployed in support of Operation Desert Shield/Storm, Operation Enduring Freedom, or Operation Iraqi Freedom to receive military service credit in TCRS for each day of deployment; authorizes TCRS members who performed peacetime military service at any time between May 8, 1975, and August 1, 1990, to receive retirement credit for that service subject to a contribution requirement. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36. [HB-2779] [Military ] [Pensions ] [Retirement ] [Veterans ]
As introduced, authorizes Tennessee consolidated retirement system members who deployed in support of Operation Desert Shield/Storm, Operation Enduring Freedom, or Operation Iraqi Freedom to receive military service credit in TCRS for each day of deployment; authorizes TCRS members who performed peacetime military service at any time between May 8, 1975, and August 1, 1990, to receive retirement credit for that service subject to a contribution requirement. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.

  

Sponsored by: Rep. John Mark Windle Filed For Intro. on 02/01/2018

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State (Tennessee)
Tennessee 110th General Assembly

As introduced, authorizes Tennessee consolidated retirement system members who deployed in support of Operation Desert Shield/Storm, Operation Enduring Freedom, or Operation Iraqi Freedom to receive military service credit in TCRS for each day of deployment; authorizes TCRS members who performed peacetime military service at any time between May 8, 1975, and August 1, 1990, to receive retirement credit for that service subject to a contribution requirement. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36. [HB-2479] [Military ] [Pensions ] [Retirement ] [Veterans ]
As introduced, authorizes Tennessee consolidated retirement system members who deployed in support of Operation Desert Shield/Storm, Operation Enduring Freedom, or Operation Iraqi Freedom to receive military service credit in TCRS for each day of deployment; authorizes TCRS members who performed peacetime military service at any time between May 8, 1975, and August 1, 1990, to receive retirement credit for that service subject to a contribution requirement. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.

  

Sponsored by: Rep. John Mark Windle P2c, Ref. To State Government Committee on 02/07/2018

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State (Tennessee)
Tennessee 110th General Assembly

As introduced, prohibits public employers from reducing the health benefits for a retired employee below the level offered to retired employees at the time of the employee's retirement. - Amends TCA Title 3; Title 4; Title 5; Title 6; Title 7; Title 8; Title 9 and Title 56. [HB-2413] [Healthcare ] [Labor, Jobs, Employment ] [Pensions ] [Retirement ] [Medicare and Medicaid ]
As introduced, prohibits public employers from reducing the health benefits for a retired employee below the level offered to retired employees at the time of the employee's retirement. - Amends TCA Title 3; Title 4; Title 5; Title 6; Title 7; Title 8; Title 9 and Title 56.

  

Sponsored by: Rep. Barbara Cooper P2c, Ref. To State Government Committee on 02/07/2018

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State (Tennessee)
Tennessee 110th General Assembly

As introduced, requires the board of trustees of the Tennessee consolidated retirement system to transmit electronically a copy of its annual report regarding the fiscal transactions of the board for the preceding year to each member of the general assembly. - Amends TCA Title 8, Chapter 25; Title 8, Chapter 27; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37. [SB-2488] [Retirement ] [Pensions ]
As introduced, requires the board of trustees of the Tennessee consolidated retirement system to transmit electronically a copy of its annual report regarding the fiscal transactions of the board for the preceding year to each member of the general assembly. - Amends TCA Title 8, Chapter 25; Title 8, Chapter 27; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.

  

Sponsored by: Sen. Rusty Crowe Assigned To General Subcommittee Of Senate State & Local Government Committee on 03/21/2018

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State (Tennessee)
Tennessee 110th General Assembly

As introduced, prohibits distribution of retirement benefits from defined benefit plans to nonspouse beneficiaries. - Amends TCA Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36; Title 8, Chapter 37 and Title 8, Chapter 38. [SB-2454] [Retirement ] [Pensions ]
As introduced, prohibits distribution of retirement benefits from defined benefit plans to nonspouse beneficiaries. - Amends TCA Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36; Title 8, Chapter 37 and Title 8, Chapter 38.

  

Sponsored by: Sen. Kerry Roberts Assigned To General Subcommittee Of Senate Finance, Ways, And Means Committee on 04/23/2018

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State (Tennessee)
Tennessee 110th General Assembly

As introduced, adds registrar-at-large or administrator of elections serving Davidson County to the definition of "county official" for purposes of the state retirement system. - Amends TCA Section 8-34-101. [SB-2688] [Retirement ] [Elections ] [Pensions ]
As introduced, adds registrar-at-large or administrator of elections serving Davidson County to the definition of "county official" for purposes of the state retirement system. - Amends TCA Section 8-34-101.

  

Sponsored by: Sen. Paul E. Bailey Assigned To General Subcommittee Of Senate State And Local Government Committee on 03/27/2018

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State (Tennessee)
Tennessee 110th General Assembly

As introduced, requires the board of trustees of the Tennessee consolidated retirement system to transmit electronically a copy of its annual report regarding the fiscal transactions of the board for the preceding year to each member of the general assembly. - Amends TCA Title 8, Chapter 25; Title 8, Chapter 27; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37. [HB-2598] [Retirement ] [Pensions ]
As introduced, requires the board of trustees of the Tennessee consolidated retirement system to transmit electronically a copy of its annual report regarding the fiscal transactions of the board for the preceding year to each member of the general assembly. - Amends TCA Title 8, Chapter 25; Title 8, Chapter 27; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.

  

Sponsored by: Rep. Timothy Hill P2c, Ref. To Finance, Ways & Means Committee on 02/07/2018

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State (Tennessee)
Tennessee 110th General Assembly

As introduced, authorizes Tennessee consolidated retirement system members who deployed in support of Operation Desert Shield/Storm, Operation Enduring Freedom, or Operation Iraqi Freedom to receive military service credit in TCRS for each day of deployment; authorizes TCRS members who performed peacetime military service at any time between May 8, 1975, and August 1, 1990, to receive retirement credit for that service subject to a contribution requirement. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36. [SB-2689] [Military ] [Pensions ] [Retirement ] [Veterans ]
As introduced, authorizes Tennessee consolidated retirement system members who deployed in support of Operation Desert Shield/Storm, Operation Enduring Freedom, or Operation Iraqi Freedom to receive military service credit in TCRS for each day of deployment; authorizes TCRS members who performed peacetime military service at any time between May 8, 1975, and August 1, 1990, to receive retirement credit for that service subject to a contribution requirement. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.

  

Sponsored by: Sen. Paul E. Bailey Passed On Second Consideration, Refer To Senate Finance, Ways, And Means Committee on 02/05/2018

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State (Tennessee)
Tennessee 110th General Assembly

As introduced, adds registrar-at-large or administrator of elections serving Davidson County to the definition of "county official" for purposes of the state retirement system. - Amends TCA Section 8-34-101. [HB-2588] [Retirement ] [Elections ] [Pensions ]
As introduced, adds registrar-at-large or administrator of elections serving Davidson County to the definition of "county official" for purposes of the state retirement system. - Amends TCA Section 8-34-101.

  

Sponsored by: Rep. Debra Moody P2c, Ref. To State Government Committee on 02/07/2018

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State (Tennessee)
Tennessee 110th General Assembly

As enacted, authorizes board of trustees for the Tennessee consolidated retirement system to co-invest a political subdivision's pension plan assets or take custody of such assets under certain circumstances. - Amends TCA Section 9-3-507. [HB-1865] [Pensions ] [Retirement ]
As enacted, authorizes board of trustees for the Tennessee consolidated retirement system to co-invest a political subdivision's pension plan assets or take custody of such assets under certain circumstances. - Amends TCA Section 9-3-507.

  

Sponsored by: Rep. Patsy Hazlewood Comp. Became Pub. Ch. 833 on 05/04/2018

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State (Tennessee)
Tennessee 110th General Assembly

As enacted, specifies that nothing in the present law that applies generally to post-employment benefits for public officers and employees prohibits a local education agency from participating in any other post-employment benefits investment trust created pursuant to the Other Post-Employment Benefit Investment Trust Act of 2006. - Amends TCA Title 8. [SB-2508] [Education ] [Pensions ] [Retirement ]
As enacted, specifies that nothing in the present law that applies generally to post-employment benefits for public officers and employees prohibits a local education agency from participating in any other post-employment benefits investment trust created pursuant to the Other Post-Employment Benefit Investment Trust Act of 2006. - Amends TCA Title 8.

  

Sponsored by: Sen. Bill Ketron Effective Date(s) 04/09/2018 on 04/11/2018

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State (Tennessee)
Tennessee 110th General Assembly

As enacted, requires that certain pension stabilization reserve trusts for state employees and teachers be used exclusively for participants and beneficiaries of the retirement plans; makes other related revisions. - Amends TCA Title 9, Chapter 4, Part 10; Title 9, Chapter 4, Part 11 and Title 9, Chapter 4, Part 12. [SB-1647] [Labor, Jobs, Employment ] [Pensions ] [Retirement ] [Social Security ] [Budget and Spending ]
As enacted, requires that certain pension stabilization reserve trusts for state employees and teachers be used exclusively for participants and beneficiaries of the retirement plans; makes other related revisions. - Amends TCA Title 9, Chapter 4, Part 10; Title 9, Chapter 4, Part 11 and Title 9, Chapter 4, Part 12.

  

Sponsored by: Sen. Bo Watson Effective Date(s) 03/22/2018 on 03/26/2018

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State (Tennessee)
Tennessee 110th General Assembly

As enacted, requires that certain pension stabilization reserve trusts for state employees and teachers be used exclusively for participants and beneficiaries of the retirement plans; makes other related revisions. - Amends TCA Title 9, Chapter 4, Part 10; Title 9, Chapter 4, Part 11 and Title 9, Chapter 4, Part 12. [HB-1592] [Labor, Jobs, Employment ] [Pensions ] [Retirement ] [Social Security ] [Budget and Spending ]
As enacted, requires that certain pension stabilization reserve trusts for state employees and teachers be used exclusively for participants and beneficiaries of the retirement plans; makes other related revisions. - Amends TCA Title 9, Chapter 4, Part 10; Title 9, Chapter 4, Part 11 and Title 9, Chapter 4, Part 12.

  

Sponsored by: Rep. Charles M. Sargent Comp. Became Pub. Ch. 590 on 03/26/2018

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State (Tennessee)
Tennessee 110th General Assembly

As enacted, provides under the Public Employee Defined Benefit Financial Security Act of 2014 that the measurement standard used to determine a pension plan's funded status must be done in accordance with rules, standards, guidelines, and interpretations established by the governmental accounting standards board; provides that for political subdivision with an existing pension plan as of May 22, 2014, the political subdivision must not establish a new pension plan until it has received written approval from the state treasurer. - Amends TCA Title 9, Chapter 3, Part 5. [HB-2222] [Pensions ] [Retirement ] [Labor, Jobs, Employment ]
As enacted, provides under the Public Employee Defined Benefit Financial Security Act of 2014 that the measurement standard used to determine a pension plan's funded status must be done in accordance with rules, standards, guidelines, and interpretations established by the governmental accounting standards board; provides that for political subdivision with an existing pension plan as of May 22, 2014, the political subdivision must not establish a new pension plan until it has received written approval from the state treasurer. - Amends TCA Title (continued...)

  

Sponsored by: Rep. Pat Marsh Effective Date(s) 04/12/2018 on 04/17/2018

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State (Tennessee)
Tennessee 110th General Assembly

As enacted, revises provisions governing participation in the Tennessee consolidated retirement system by county judges and county officials; makes other revisions regarding participation in the system. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36; Title 8, Chapter 37 and Section 17-2-305. [SB-2064] [Retirement ] [Pensions ]
As enacted, revises provisions governing participation in the Tennessee consolidated retirement system by county judges and county officials; makes other revisions regarding participation in the system. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36; Title 8, Chapter 37 and Section 17-2-305.

  

Sponsored by: Sen. Bo Watson Effective Date(s) 04/18/2018 on 04/23/2018

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State (Tennessee)
Tennessee 110th General Assembly

As enacted, designates board of trustees for the Tennessee consolidated retirement system instead of the consolidated retirement board as serving among the trustees for the optional retirement program; makes various revisions to the administration of deferred or tax-sheltered compensation plans for state employees. - Amends TCA Title 8, Chapter 25, Part 1 and Title 8, Chapter 25, Part 2. [HB-2126] [Retirement ] [Pensions ] [Labor, Jobs, Employment ] [Budget and Spending ]
As enacted, designates board of trustees for the Tennessee consolidated retirement system instead of the consolidated retirement board as serving among the trustees for the optional retirement program; makes various revisions to the administration of deferred or tax-sheltered compensation plans for state employees. - Amends TCA Title 8, Chapter 25, Part 1 and Title 8, Chapter 25, Part 2.

  

Sponsored by: Rep. Ryan Williams Comp. Became Pub. Ch. 576 on 03/26/2018

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State (Tennessee)
Tennessee 110th General Assembly

As enacted, designates board of trustees for the Tennessee consolidated retirement system instead of the consolidated retirement board as serving among the trustees for the optional retirement program; makes various revisions to the administration of deferred or tax-sheltered compensation plans for state employees. - Amends TCA Title 8, Chapter 25, Part 1 and Title 8, Chapter 25, Part 2. [SB-2016] [Retirement ] [Pensions ] [Labor, Jobs, Employment ] [Budget and Spending ]
As enacted, designates board of trustees for the Tennessee consolidated retirement system instead of the consolidated retirement board as serving among the trustees for the optional retirement program; makes various revisions to the administration of deferred or tax-sheltered compensation plans for state employees. - Amends TCA Title 8, Chapter 25, Part 1 and Title 8, Chapter 25, Part 2.

  

Sponsored by: Sen. Ferrell Haile Effective Date(s) 03/16/2018 on 03/26/2018

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State (Tennessee)
Tennessee 110th General Assembly

As introduced, authorizes Tennessee consolidated retirement system members who deployed in support of Operation Enduring Freedom or Operation Iraqi Freedom to receive military service credit in TCRS for each day of deployment. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36. [SB-1361] [Veterans ] [Retirement ] [Pensions ] [Military ]
As introduced, authorizes Tennessee consolidated retirement system members who deployed in support of Operation Enduring Freedom or Operation Iraqi Freedom to receive military service credit in TCRS for each day of deployment. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.

  

Sponsored by: Sen. Paul E. Bailey Assigned To General Subcommittee Of Senate Finance, Ways, And Means Committee on 05/09/2017

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State (Tennessee)
Tennessee 110th General Assembly

As enacted, establishes pension stabilization reserve trusts for the hybrid and legacy retirement plans; makes other related changes. - Amends TCA Title 8, Chapter 36, Part 9 and Title 9, Chapter 4. [HB-1373] [Pensions ] [Retirement ]
As enacted, establishes pension stabilization reserve trusts for the hybrid and legacy retirement plans; makes other related changes. - Amends TCA Title 8, Chapter 36, Part 9 and Title 9, Chapter 4.

  

Sponsored by: Rep. Charles M. Sargent Effective Date(s) 05/11/2017 on 05/22/2017

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State (Tennessee)
Tennessee 110th General Assembly

As introduced, enacts the "Voluntary Employee Retirement Accounts Program Act." - Amends TCA Title 4, Chapter 29; Title 8 and Title 9. [HB-1194] [Labor, Jobs, Employment ] [Retirement ]
As introduced, enacts the "Voluntary Employee Retirement Accounts Program Act." - Amends TCA Title 4, Chapter 29; Title 8 and Title 9.

  

Sponsored by: Rep. Charles M. Sargent P2c, Ref. To State Government Committee on 02/15/2017

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