· TN legislature · 114

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.

Sponsor

Jason Powell (D-TN)

Introduced

2025-02-06

Policy area

Labor and Employment

Latest action

Failed in s/c Public Service Subcommittee of State & Local Government Committee