Tennessee SB 1157: 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: Passed on Second Consideration, refer to Senate State and Local Government Committee (as of 2025-02-12)

State: Tennessee · Session: 114 · Bill: SB 1157

Subjects: Pensions and Retirement Benefits

Sponsors: Kyle

View Tennessee SB 1157 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.