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.
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More on this bill
Where it stands
Introduced
2Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Feb 12Passed on Second Consideration, refer to Senate State and Local Government CommitteeLatest
Feb 10Introduced, Passed on First ConsiderationMinor