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.

Voted 2/12/2025View source

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Docket history

2/12/2025Passed on Second Consideration, refer to Senate State and Local Government Committee
2/10/2025Introduced, Passed on First Consideration
2/6/2025Filed for introduction