SB2192In Committee

Amends TCA Section 8-36-916.

Tennessee SB2192 amends TCA Section 8-36-916 to increase the employer contribution under the hybrid retirement plan from 5 percent to 10 percent for current members of the General Assembly who have at least 10 years of creditable service, effective July 1, 2026. This change specifically affects current legislative members participating in the hybrid retirement plan. The key provision is the adjustment of the employer contribution rate, which aims to enhance retirement benefits for eligible legislators.

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Overview

Tennessee SB2192 amends TCA Section 8-36-916 to increase the employer contribution under the hybrid retirement plan from 5 percent to 10 percent for current members of the General Assembly who have at least 10 years of creditable service, effective July 1, 2026. This change specifically affects current legislative members participating in the hybrid retirement plan. The key provision is the adjustment of the employer contribution rate, which aims to enhance retirement benefits for eligible legislators.

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Sponsor

Watson, Bo

Details
Session

114th General Assembly

Introduced

February 2, 2026

Last Action

March 10, 2026

Assigned to General Subcommittee of Senate State and Local Government Committee

Subjects
Pensions and Retirement BenefitsPublic EmployeesGeneral Assembly

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