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TN HB0977
Bill
Status
5/13/2025
Primary Sponsor
Jeff Burkhart
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AI Summary
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Political subdivisions may adopt a supplemental bridge benefit after July 1, 2025, for employees in positions covered by mandatory retirement provisions who retire between ages 55 and 62
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Members retiring between ages 55 and 60 receive the supplemental bridge benefit for up to 7 years; those retiring between 60 and 62 receive it until age 67
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The supplemental bridge benefit includes cost-of-living adjustments and ceases upon the member's death or at the end of the payment period, whichever occurs first
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Political subdivisions that previously adopted a supplemental bridge benefit before July 1, 2025, may switch to the new benefit structure, but the change is irrevocable
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The act took effect upon becoming law, with the Governor's approval on May 5, 2025
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36, relative to retirement.
Pensions and Retirement Benefits
Last Action
Comp. became Pub. Ch. 383
5/13/2025