Bill Title: As introduced, effective July 1, 2012, creates a new defined contribution plan as a mandatory retirement package for newly hired state employees; closes existing defined-benefit pension plan to newly hired state employees; requires state agencies to contribute no less than 6 percent and up to 15 percent of a participating employee's salary to an individual account and contribute a certain rate to the defined benefits plan in order to cover the plan's unfunded liabilities. - Amends TCA Title 8, Chapter 25, Part 1; Title 8, Chapter 25, Part 3; Title 8, Chapter 34; Title 8, Chapter 36 and Title 8, Chapter 37.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2012-02-06 - Withdrawn.
[HB2907 Detail]
Note: Tennessee does not provide sufficient information to determine typical named revision of bills. Therefore only drafts are captured, the highest order draft will always be the current version.
Bill Drafts
| Revision | Date | Format | Source | View |
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| Draft (#1) | 2012-01-23 | PDF | Link | View (#1) |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
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| No bill amendments currently on file for Tennessee HB2907 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| No supplemental documents for Tennessee HB2907 currently on file. |
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