Pensions And Retirement Benefits
Tennessee 113th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, relative to mandatory retirement. [HB-135]
[Retirement ]
[Law Enforcement ]
[Environmental ]
[Public Safety ]
As introduced, extends mandatory retirement provision imposed on certain public safety officers to commissioned special agents of the department of revenue and commissioned members of the department of environment and conservation; requires such persons to also receive, in addition to the retirement service allowance, a supplemental bridge allowance. - Amends TCA Title 8.
Sponsored by: Rep. Darren Jernigan
Taken Off Notice For Cal In S/c Finance, Ways, And Means Subcommittee Of Finance, Ways, And Means Committee on 04/18/2023
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AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9 and Title 50, relative to retirement. [SB-113]
[Retirement ]
[Pensions ]
As introduced, enacts the "Tennessee Retirement Savings Plan Act." - Amends TCA Title 4; Title 8; Title 9 and Title 50.
Sponsored by: Sen. Bo Watson
Passed On Second Consideration, Refer To Senate Government Operations Committee on 01/20/2023
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Tennessee 113th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, relative to mandatory retirement. [SB-98]
[Retirement ]
[Law Enforcement ]
[Public Safety ]
[Environmental ]
As introduced, extends mandatory retirement provision imposed on certain public safety officers to commissioned special agents of the department of revenue and commissioned members of the department of environment and conservation; requires such persons to also receive, in addition to the retirement service allowance, a supplemental bridge allowance. - Amends TCA Title 8.
Sponsored by: Sen. Page Walley
Assigned To General Subcommittee Of Senate Finance, Ways & Means on 04/24/2024
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Tennessee 113th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9 and Title 50, relative to retirement. [HB-13]
[Retirement ]
[Pensions ]
As introduced, enacts the "Tennessee Retirement Savings Plan Act." - Amends TCA Title 4; Title 8; Title 9 and Title 50.
Sponsored by: Rep. Charlie Baum
Taken Off Notice For Cal In S/c Public Service Subcommittee Of State Government Committee on 03/21/2023
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Tennessee 113th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 25, relative to retirement. [HB-8]
[Retirement ]
[Pensions ]
[Labor, Jobs, Employment ]
As introduced, increases from $50 to $100 the maximum amount that the state will match to an employee's optional retirement plan; deletes an obsolete provision related to the state match for an employee's optional retirement plan. - Amends TCA Title 8, Chapter 25.
Sponsored by: Rep. Lowell Russell
Ref. To State Government Committee on 01/12/2023
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 36, relative to early service retirement for emergency communications personnel. [SB-2871]
[Retirement ]
[Labor, Jobs, Employment ]
[Pensions ]
[Public Safety ]
As enacted, makes emergency communications personnel eligible for early service retirement when the employing entity has elected to offer this benefit; requires the employing entity to be responsible for 100 percent of any increased cost necessary to provide this benefit to the emergency communications personnel. - Amends TCA Title 8, Chapter 36.
Sponsored by: Sen. Mark Pody
Comp. Became Pub. Ch. 819 on 04/13/2022
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 7; Title 8, Chapter 27 and Chapter 518 of the Public Acts of 2021, relative to health benefits for retired members of the Tennessee highway patrol. [SB-2873]
[Healthcare ]
[Insurance ]
[Retirement ]
[Public Safety ]
[Law Enforcement ]
[Budget and Spending ]
[Pensions ]
As introduced, makes the authorization for the state insurance committee to provide 80 percent of the scheduled premium or defined contribution for health insurance benefits to Tennessee highway patrol retirees with at least 25 years of service applicable to individuals retiring on or after January 1, 2020. - Amends TCA Title 4, Chapter 7; Title 8, Chapter 27 and Chapter 518 of the Public Acts of 2021.
Sponsored by: Sen. Paul E. Bailey
Assigned To General Subcommittee Of Senate Judiciary Committee on 03/22/2022
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37, relative to retirement. [SB-2874]
[Labor, Jobs, Employment ]
[Pensions ]
[Retirement ]
As introduced, authorizes a member of the Tennessee consolidated retirement system to purchase, instead of obtain, retirement credit for all of the member's previous service rendered while a full-time employee and participating member of a political subdivision's defined benefit retirement plan; authorizes the member to use funds from any source to purchase such retirement credit; makes other related revisions. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.
Sponsored by: Sen. Paul E. Bailey
Assigned To General Subcommittee Of Senate State And Local Government Committee on 03/22/2022
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Section 8-27-205, relative to health benefits for retirees. [SB-2870]
[Healthcare ]
[Retirement ]
[Insurance ]
[Budget and Spending ]
[Public Safety ]
[Law Enforcement ]
As introduced, requires that retired wildlife officers with 25 years of service receive 80 percent of the scheduled premium or defined contribution for the health insurance benefits provided by the state. - Amends TCA Section 8-27-205.
Sponsored by: Sen. Paul E. Bailey
Action Deferred In Senate State And Local Government Committee To 3/22/2022 on 03/15/2022
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Tennessee 112th 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 benefits. [SB-2872]
[Law Enforcement ]
[Retirement ]
[Pensions ]
As enacted, creates a task force to study retirement benefits for law enforcement officers. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.
Sponsored by: Sen. Mark Pody
Effective Date(s) 06/03/2022 on 06/06/2022
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37, relative to retirement. [SB-2812]
[Labor, Jobs, Employment ]
[Pensions ]
[Retirement ]
As enacted, authorizes a member of the Tennessee consolidated retirement system to purchase, instead of obtain, retirement credit for all of the member's previous service rendered while a full-time employee and participating member of a political subdivision's defined benefit retirement plan; authorizes the member to use funds from any source to purchase such retirement credit; makes other related revisions. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.
Sponsored by: Sen. Kerry Roberts
Effective Date(s) 04/08/2022 on 04/13/2022
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37, relative to retirement benefits. [SB-2635]
[Retirement ]
[Pensions ]
[Labor, Jobs, Employment ]
As introduced, clarifies that it is the responsibility of the member seeking to claim prior state service for retirement credit purposes to submit to the board of trustees of the Tennessee consolidated retirement system proper documentation as required by the board. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.
Sponsored by: Rep. Frank S. Niceley
Assigned To General Subcommittee Of Senate State And Local Government Committee on 03/15/2022
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 35; Title 8, Chapter 36; Title 8, Chapter 37 and Title 49, relative to reemployment after retirement. [SB-2559]
[Education ]
[Labor, Jobs, Employment ]
[Retirement ]
[Senior Citizens ]
As introduced, expands the list of retired members of TCRS who may work more than 120 days while continuing to draw retirement allowance to include teachers and school bus drivers if a director of schools certifies that no other certified person is qualified and available for the position. - Amends TCA Title 8, Chapter 35; Title 8, Chapter 36; Title 8, Chapter 37 and Title 49.
Sponsored by: Sen. Rusty Crowe
Assigned To General Subcommittee Of Senate State And Local Government Committee on 03/23/2022
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 37, relative to investments. [SB-2639]
[Finance ]
[Investments ]
[Pensions ]
[Retirement ]
As enacted, authorizes the investment committee for the TCRS board of trustees to cause the retirement system to divest, as expeditiously as possible, from an investment the system has with an entity found to be doing business with or supporting a country sanctioned by the office of foreign assets control. - Amends TCA Title 8, Chapter 37.
Sponsored by: Sen. Randy McNally
Comp. Became Pub. Ch. 855 on 04/25/2022
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 36, Part 8, relative to reemployment as a teacher, substitute teacher, or bus driver after retirement. [SB-2702]
[Education ]
[Retirement ]
[Labor, Jobs, Employment ]
[Pensions ]
As enacted, authorizes, from July 1, 2022, to July 1, 2025, retirees who have been retired for at least 60 days from TCRS or from a superseded system administered by the state, or from a local retirement fund, to accept re-employment as a kindergarten through twelfth grade teacher, substitute teacher, or school bus driver without loss or suspension of retirement benefits if certain conditions are met. - Amends TCA Title 8, Chapter 36, Part 8.
Sponsored by: Sen. Rusty Crowe
Comp. Became Pub. Ch. 821 on 04/13/2022
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37, relative to retirement benefits. [HB-2704]
[Retirement ]
[Pensions ]
[Labor, Jobs, Employment ]
As introduced, clarifies that it is the responsibility of the member seeking to claim prior state service for retirement credit purposes to submit to the board of trustees of the Tennessee consolidated retirement system proper documentation as required by the board. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.
Sponsored by: Rep. Larry J. Miller
Assigned To S/c Public Service Subcommittee on 02/08/2022
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 37, relative to investments. [HB-2743]
[Finance ]
[Investments ]
[Pensions ]
[Retirement ]
As enacted, authorizes the investment committee for the TCRS board of trustees to cause the retirement system to divest, as expeditiously as possible, from an investment the system has with an entity found to be doing business with or supporting a country sanctioned by the office of foreign assets control. - Amends TCA Title 8, Chapter 37.
Sponsored by: Rep. Ryan Williams
Effective Date(s) 04/20/2022 on 04/25/2022
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 36, relative to early service retirement for emergency communications personnel. [HB-2683]
[Retirement ]
[Labor, Jobs, Employment ]
[Pensions ]
[Public Safety ]
As enacted, makes emergency communications personnel eligible for early service retirement when the employing entity has elected to offer this benefit; requires the employing entity to be responsible for 100 percent of any increased cost necessary to provide this benefit to the emergency communications personnel. - Amends TCA Title 8, Chapter 36.
Sponsored by: Rep. Karen D. Camper
Effective Date(s) 01/01/2023 on 04/13/2022
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Tennessee 112th General Assembly
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 36, Part 8, relative to reemployment as a teacher, substitute teacher, or bus driver after retirement. [HB-2783]
[Education ]
[Retirement ]
[Labor, Jobs, Employment ]
[Pensions ]
As enacted, authorizes, from July 1, 2022, to July 1, 2025, retirees who have been retired for at least 60 days from TCRS or from a superseded system administered by the state, or from a local retirement fund, to accept re-employment as a kindergarten through twelfth grade teacher, substitute teacher, or school bus driver without loss or suspension of retirement benefits if certain conditions are met. - Amends TCA Title 8, Chapter 36, Part 8.
Sponsored by: Rep. Jeremy Faison
Effective Date(s) 07/01/2022 on 04/13/2022
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Tennessee 112th 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 benefits. [HB-2572]
[Law Enforcement ]
[Retirement ]
[Pensions ]
As enacted, creates a task force to study retirement benefits for law enforcement officers. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.
Sponsored by: Rep. Mary Littleton
Comp. Became Pub. Ch. 1146 on 06/06/2022