Tennessee HB 1641: Pensions and Retirement Benefits - As enacted, makes a person ineligible for a political subdivision's former retirement plan in the TCRS if the person is hired after the political subdivision changes to any other plan offered by the retirement system; requires that any person wishing to establish service credit in the retirement system must establish such service under the terms of the retirement system plan that existed at the time the service was established and not at the time the service was rendered. - Amends TCA Section 8-35-253 and Section 8-37-214.

Status: Effective date(s) 06/11/2020 (as of 2020-07-02)

State: Tennessee · Session: 111 · Bill: HB 1641

Subjects: Pensions and Retirement Benefits

Sponsors: Hicks, Yager

View Tennessee HB 1641 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.