Pensions And Retirement Benefits

State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Section 8-27-205, relative to health benefits for retirees. [SB-1845] [Healthcare ] [Labor, Jobs, Employment ] [Retirement ] [Pensions ] [Insurance ]
As enacted, provides 80 percent of the scheduled premium or defined contribution of the health insurance offered to retired state employees to a retired member of the Tennessee highway patrol who would not be eligible for such benefit based on the date the member was hired. - Amends TCA Section 8-27-205.

  

Sponsored by: Sen. Paul E. Bailey Comp. Became Pub. Ch. 1051 on 06/01/2022

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34 and Title 8, Chapter 36, relative to COVID-19. [SB-1805] [Labor, Jobs, Employment ] [Retirement ] [Healthcare ] [Public Health ]
As introduced, establishes COVID-19 essential employee retirement service credit for members of the Tennessee consolidated retirement system and participants in the state's hybrid retirement plan. - Amends TCA Title 8, Chapter 34 and Title 8, Chapter 36.

  

Sponsored by: Sen. Mark Pody Assigned To General Subcommittee Of Senate Finance, Ways, And Means Committee on 04/26/2022

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Section 8-34-605, relative to military service credit in the Tennessee consolidated retirement system. [HB-1852] [Veterans ] [Retirement ] [Military ]
As enacted, allows TCRS members who served in the armed forces during certain periods of armed conflict to establish retirement credit for the military service under certain conditions. - Amends TCA Section 8-34-605.

  

Sponsored by: Rep. Ron M. Gant Effective Date(s) 05/25/2022 on 06/01/2022

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State (Tennessee)
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 military service credit. [SB-1750] [Veterans ] [Military ] [Retirement ]
As introduced, authorizes retirement credit for Tennessee consolidated retirement system members who are honorably discharged veterans of the United States armed forces. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.

  

Sponsored by: Sen. Shane Reeves Passed On Second Consideration, Refer To Senate State And Local Government Committee on 01/19/2022

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State (Tennessee)
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 change of beneficiary after retirement. [HB-1722] [Retirement ] [Pensions ]
As enacted, authorizes a retired TCRS member to cancel the member's designated beneficiary for any reason one time, and to name a new beneficiary. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.

  

Sponsored by: Rep. Terri Lynn Weaver Effective Date(s) 04/19/2022 on 04/25/2022

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State (Tennessee)
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 military service credit. [HB-1718] [Veterans ] [Military ] [Retirement ]
As introduced, authorizes retirement credit for Tennessee consolidated retirement system members who are honorably discharged veterans of the United States armed forces. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.

  

Sponsored by: Rep. Antonio Parkinson Taken Off Notice For Cal In S/c Public Service Subcommittee Of State Government Committee on 03/09/2022

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Section 8-27-205, relative to health benefits for retirees. [HB-1695] [Healthcare ] [Labor, Jobs, Employment ] [Retirement ] [Insurance ] [Law Enforcement ] [Pensions ]
As enacted, provides 80 percent of the scheduled premium or defined contribution of the health insurance offered to retired state employees to a retired member of the Tennessee highway patrol who would not be eligible for such benefit based on the date the member was hired. - Amends TCA Section 8-27-205.

  

Sponsored by: Rep. Ryan Williams Effective Date(s) 05/25/2022 on 06/01/2022

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34 and Title 8, Chapter 36, relative to COVID-19. [HB-1658] [Labor, Jobs, Employment ] [Retirement ] [Healthcare ] [Public Health ]
As introduced, establishes COVID-19 essential employee retirement service credit for members of the Tennessee consolidated retirement system and participants in the state's hybrid retirement plan. - Amends TCA Title 8, Chapter 34 and Title 8, Chapter 36.

  

Sponsored by: Rep. Curtis Johnson Taken Off Notice For Cal In S/c Finance, Ways, And Means Subcommittee Of Finance, Ways, And Means Committee on 04/26/2022

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 4 and Title 8, relative to public pensions and retirement benefits. [HB-1540] [Pensions ] [Retirement ]
As enacted, allows members of the Tennessee consolidated retirement system to obtain creditable service for prior service while a participating member of a retirement system of a city, metropolitan government, county, utility district, or other political subdivision. - Amends TCA Title 4 and Title 8.

  

Sponsored by: Rep. Terri Lynn Weaver Comp. Became Pub. Ch. 382 on 05/18/2021

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 7; Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37, relative to retirement for certain law enforcement officers. [HB-1383] [Law Enforcement ] [Retirement ] [Pensions ] [Labor, Jobs, Employment ] [Public Safety ] [Criminal Justice ]
As enacted, authorizes, from May 25, 2021, to July 1, 2023, law enforcement officers who have been retired for at least nine months from TCRS from any superseded system administered by the state, or from any local retirement fund to accept employment as a law enforcement officer without loss or suspension of retirement benefits if certain conditions met. - Amends TCA Title 4, Chapter 7; Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.

  

Sponsored by: Rep. Pat Marsh Comp. Became Pub. Ch. 499 on 06/01/2021

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 25, relative to deferred or tax-sheltered compensation programs for public employees. [SB-1601] [Pensions ] [Retirement ] [Labor, Jobs, Employment ]
As introduced, replaces the name of the "consolidated retirement board" with "board of trustees of the consolidated retirement system," for purposes of the Tennessee consolidated retirement system. - Amends TCA Title 8, Chapter 25.

  

Sponsored by: Sen. Paul E. Bailey Assigned To General Subcommittee Of Senate Finance, Ways, And Means Committee on 05/03/2021

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 4 and Title 8, relative to public pensions and retirement benefits. [SB-1520] [Pensions ] [Retirement ]
As enacted, allows members of the Tennessee consolidated retirement system to obtain creditable service for prior service while a participating member of a retirement system of a city, metropolitan government, county, utility district, or other political subdivision. - Amends TCA Title 4 and Title 8.

  

Sponsored by: Sen. Kerry Roberts Pub. Ch. 382 on 05/18/2021

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 7; Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37, relative to retirement for certain law enforcement officers. [SB-1185] [Law Enforcement ] [Retirement ] [Pensions ] [Labor, Jobs, Employment ] [Public Safety ] [Criminal Justice ]
As enacted, authorizes, from May 25, 2021, to July 1, 2023, law enforcement officers who have been retired for at least nine months from TCRS from any superseded system administered by the state, or from any local retirement fund to accept employment as a law enforcement officer without loss or suspension of retirement benefits if certain conditions met. - Amends TCA Title 4, Chapter 7; Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.

  

Sponsored by: Sen. Mark Pody Pub. Ch. 499 on 06/01/2021

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 25, relative to deferred or tax-sheltered compensation programs for public employees. [HB-1205] [Labor, Jobs, Employment ] [Retirement ] [Pensions ]
As introduced, replaces the name of the "consolidated retirement board" with "board of trustees of the consolidated retirement system," for purposes of the Tennessee consolidated retirement system. - Amends TCA Title 8, Chapter 25.

  

Sponsored by: Rep. William G. Lamberth Taken Off Notice For Cal In S/c Finance, Ways, And Means Subcommittee Of Finance, Ways, And Means Committee on 05/03/2021

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 36, relative to early service retirement for correctional officers employed by local governments. [SB-1114] [Retirement ] [Labor, Jobs, Employment ] [Law Enforcement ] [Pensions ] [Criminal Justice ]
As enacted, authorizes a correctional officer of a local government who is a member of the state retirement system to retire under the state retirement system upon completion of 25 years of creditable service; authorizes local governments participating in TCRS to adopt a mandatory age of retirement for correctional officers. - Amends TCA Title 8, Chapter 36.

  

Sponsored by: Sen. Ken Yager Pub. Ch. 486 on 05/21/2021

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT, to amend Tennessee Code Annotated, Section 3-9-103; 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-1016] [Labor, Jobs, Employment ] [Retirement ] [Budget and Spending ] [Pensions ]
As enacted, increases from $40 to $50 the minimum amount that the state will match to an employee's optional retirement plan. - Amends TCA Section 3-9-103; Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.

  

Sponsored by: Rep. John Crawford Pub. Ch. 416 on 05/19/2021

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 3, Chapter 9; Title 4; Title 8 and Title 67, relative to the council on pensions and insurance. [HB-983] [Insurance ] [Pensions ]
As enacted, changes name of the "council on pensions and insurance" to the "council on pensions"; removes bills involving insurance from council's purview; removes requirement that bills reported out of the council have the council's committee amendments attached to be considered by the standing committee. - Amends TCA Title 3, Chapter 9; Title 4; Title 8 and Title 67.

  

Sponsored by: Rep. Patsy Hazlewood Comp. Became Pub. Ch. 303 on 05/18/2021

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 3, Chapter 9; Title 4; Title 8 and Title 67, relative to the council on pensions and insurance. [SB-708] [Insurance ] [Pensions ]
As enacted, changes name of the "council on pensions and insurance" to the "council on pensions"; removes bills involving insurance from council's purview; removes requirement that bills reported out of the council have the council's committee amendments attached to be considered by the standing committee. - Amends TCA Title 3, Chapter 9; Title 4; Title 8 and Title 67.

  

Sponsored by: Sen. Bo Watson Pub. Ch. 303 on 05/18/2021

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State (Tennessee)
Tennessee 112th General Assembly

AN ACT, to amend Tennessee Code Annotated, Section 3-9-103; 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-516] [Labor, Jobs, Employment ] [Retirement ] [Budget and Spending ] [Pensions ]
As enacted, increases from $40 to $50 the minimum amount that the state will match to an employee's optional retirement plan. - Amends TCA Section 3-9-103; Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.

  

Sponsored by: Sen. Mark Pody Comp. Became Pub. Ch. 416 on 05/19/2021

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State (Tennessee)
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-405] [Retirement ] [Pensions ]
As enacted, clarifies that when members of the Tennessee Consolidated Retirement System elect to establish retirement service through monthly installments, the members can do so over the length of service being established. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.

  

Sponsored by: Sen. Page Walley Pub. Ch. 251 on 05/04/2021

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