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SB 1157 Passed

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.

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3 actions
  1. Feb 12, 2025 upper
    Passed on Second Consideration, refer to Senate State and Local Government Committee
  2. Feb 10, 2025 lower
    Introduced, Passed on First Consideration
  3. Feb 6, 2025 lower
    Filed for introduction
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