Tennessee · 114 session · senate
SB 1157Pensions 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.
- Status
- Passed chamber
- Latest action
- — Passed on Second Consideration, refer to Senate State and Local Government Committee
- Primary sponsor
- Kyle
- Pensions and Retirement Benefits
Sponsors
- Kyle · primaryprimary
Effective dates
What law changes on each date. Different sections can land on different dates.
- July 1, 2025In effect1 section
Extracted from the latest version's text.