TN SB1987 | 2021-2022 | 112th General Assembly

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 26 2022 - 25% progression, died in chamber
Action: 2022-02-24 - Sponsor(s) Added.
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, removes the requirement that the actuarial equivalent be paid to certain emergency medical services personnel, police officers, and firefighters who are eligible for early service retirement at 25 years of creditable service; requires that such persons who retire on or after January 1, 2023, be paid a full, unreduced retirement allowance and receive insurance coverage otherwise provided to members who are 100 percent vested in the service retirement benefit; requires such persons to also receive a supplemental bridge benefit. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.

Tracking Information

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Title

AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37, relative to early service retirement.

Sponsors


History

DateChamberAction
2022-02-24SenateSponsor(s) Added.
2022-01-31SenatePassed on Second Consideration, refer to Senate State and Local Government Committee
2022-01-27SenateIntroduced, Passed on First Consideration
2022-01-26SenateFiled for introduction

Same As/Similar To

HB2107 (Crossfiled) 2022-02-02 - Assigned to s/c Public Service Subcommittee

Subjects


Tennessee State Sources


Bill Comments

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