Amends TCA Title 3; Title 8, Chapter 27, Part 2; Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.
Tennessee SB0722 amends various sections of the Tennessee Code Annotated related to retirement systems for members of the General Assembly. The bill allows members who have served for at least 10 years and joined the assembly after July 1, 2014, to convert their retirement plan from a hybrid plan to a legacy plan, and it modifies health benefits provisions for retired legislators and their dependents. Additionally, it ensures that supplemental medical insurance will be available to retired senators or representatives who meet the 10-year service requirement starting July 1, 2024.
Tennessee SB0722 amends various sections of the Tennessee Code Annotated related to retirement systems for members of the General Assembly. The bill allows members who have served for at least 10 years and joined the assembly after July 1, 2014, to convert their retirement plan from a hybrid plan to a legacy plan, and it modifies health benefits provisions for retired legislators and their dependents. Additionally, it ensures that supplemental medical insurance will be available to retired senators or representatives who meet the 10-year service requirement starting July 1, 2024.
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Hatcher, Tom
114th General Assembly
February 4, 2025
April 2, 2025
Assigned to General Subcommittee of Senate State & Local Gov''t. Committee