Amends TCA Section 8-25-213 and Title 8, Chapter 36, Part 8.
Tennessee SB0251 amends the conditions under which retired members of the Tennessee Consolidated Retirement System (TCRS) and local retirement funds can return to service without losing their retirement benefits. The bill introduces the requirement of a "bona fide separation of service" and allows reemployment in "hard-to-fill" positions while reducing retirement benefits to 70% during reemployment. Key changes include the removal of the previous 60-day waiting period and the stipulation that employers must certify the absence of prearranged agreements for future employment.
Tennessee SB0251 amends the conditions under which retired members of the Tennessee Consolidated Retirement System (TCRS) and local retirement funds can return to service without losing their retirement benefits. The bill introduces the requirement of a "bona fide separation of service" and allows reemployment in "hard-to-fill" positions while reducing retirement benefits to 70% during reemployment. Key changes include the removal of the previous 60-day waiting period and the stipulation that employers must certify the absence of prearranged agreements for future employment.
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Yager, Ken
114th General Assembly
January 22, 2025
May 2, 2025
Pub. Ch. 159