Bill
SB 953
Pensions and Retirement Benefits - As enacted, authorizes, after July 1, 2025, a political subdivision to adopt a supplemental bridge benefit for members who are in positions covered by mandatory retirement provisions; makes related changes relative to supplemental bridge benefits. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.
SB 953 permits Tennessee political subdivisions to voluntarily offer supplemental bridge retirement benefits to mandatory-retirement employees starting July 1, 2025.