Tennessee HB 1296: Pensions and Retirement Benefits - As introduced, allows a retirement allowance increase equal to the percentage increase in the consumer price index if there is an over-collection of state tax revenue; requires this allowance increase to be used instead of the allowance increase in present law, which cannot exceed 3 percent. - Amends TCA Section 8-36-701.

Status: Failed in s/c Public Service Subcommittee of State & Local Government Committee (as of 2025-03-19)

State: Tennessee · Session: 114 · Bill: HB 1296

Subjects: Pensions and Retirement Benefits

Sponsors: Powell

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