Amends TCA Title 3; Title 8, Chapter 27, Part 2; Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.
Tennessee HB0463 amends various sections of the Tennessee Code Annotated to require the conversion of a general assembly member's retirement participation from the hybrid plan to the legacy plan after completing 10 years of service, applicable to those who became members on or after July 1, 2014. The bill also modifies health benefit provisions, allowing retired senators or representatives who complete 10 years of service on or after July 1, 2024, to retain retiree group health benefits and access supplemental medical insurance. Key changes include narrowing the eligibility for health benefits to the governor and their dependents while expanding benefits for retired legislators.
Tennessee HB0463 amends various sections of the Tennessee Code Annotated to require the conversion of a general assembly member's retirement participation from the hybrid plan to the legacy plan after completing 10 years of service, applicable to those who became members on or after July 1, 2014. The bill also modifies health benefit provisions, allowing retired senators or representatives who complete 10 years of service on or after July 1, 2024, to retain retiree group health benefits and access supplemental medical insurance. Key changes include narrowing the eligibility for health benefits to the governor and their dependents while expanding benefits for retired legislators.
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Travis, Ron
114th General Assembly
January 28, 2025
April 9, 2025
Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025