Pensions and Retirement Benefits - As introduced, establishes that certain public officials, including members of the general assembly, who take office on or after July 1, 2025, have mandatory membership in the Tennessee consolidated retirement system (TCRS); allows a retiree to reannuitize retirement benefits in favor of a new spouse beneficiary following cancellation of a former spouse beneficiary due to divorce; makes other revisions to provisions governing the TCRS. - Amends TCA Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.
Introduced by
Page Walley,
Signed by Governor.
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