Bill
Bill > HB2117
TN HB2117
TN HB2117AN ACT to amend Tennessee Code Annotated, Section 8-36-916, relative to retirement benefits.
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/05/2026
02/05/2026
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, increases the employer contribution under the hybrid retirement plan from 5 percent to 10 percent for current members of the general assembly who have 10 years of creditable service on or after July 1, 2026. - Amends TCA Section 8-36-916.
AI Summary
This bill amends Tennessee Code Annotated, Section 8-36-916, to increase the employer contribution rate for certain members of the general assembly under the hybrid retirement plan. Specifically, for sitting members of the general assembly who have accumulated at least ten years of creditable service (meaning years of service that count towards their retirement benefits) in the hybrid plan by November 3, 2026, the employer contribution will rise from the standard 5 percent to 10 percent of their salary. This change is intended to benefit long-serving legislators within this specific retirement system and takes effect upon becoming law, applying to those in office on or after November 3, 2026.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Assigned to s/c Public Service Subcommittee (on 02/05/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/Default?BillNumber=HB2117&ga=114 |
| Fiscal Note - HB2117 | https://www.capitol.tn.gov/Bills/114/Fiscal/HB2117.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB2117.pdf |
Loading...