TN SB1575

Legislative Description

As enacted, makes a person ineligible for a political subdivision's former retirement plan in the TCRS if the person is hired after the political subdivision changes to any other plan offered by the retirement system; requires that any person wishing to establish service credit in the retirement system must establish such service under the terms of the retirement system plan that existed at the time the service was established and not at the time the service was rendered. - Amends TCA Section 8-35-253 and Section 8-37-214.

Pensions and Retirement Benefits

Last Action

Committee Referrals