Pensions and Retirement Benefits - As enacted, enacts the "Tennessee Trump Account Program Act." - Amends TCA Title 4; Title 8; Title 9 and Title 50.

Summary

The bill establishes the Tennessee Retirement Savings Board, a seven‑member body appointed by the governor and legislative leaders, to design a defined‑contribution retirement plan for residents who work in the state. The board will set rules, manage investments, and contract with service providers, while day‑to‑day operations are delegated to the state treasurer. It aims to give more Tennesseans access to retirement savings options.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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