Loading chat...

TN HB0977

Bill

Status

Passed

5/13/2025

Primary Sponsor

Jeff Burkhart

Click for details

Origin

House of Representatives

114th General Assembly

AI Summary

  • 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

  • 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

  • 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

  • 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

  • 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

Committee Referrals

Calendar and Rules4/15/2025
Finance, Ways & Means4/14/2025
Finance, Ways & Means Subcommittee4/10/2025
Finance, Ways & Means4/9/2025
State & Local Government3/19/2025
Public Service Subcommittee3/12/2025
State & Local Government3/11/2025

Full Bill Text

No bill text available