Pensions and Retirement Benefits - As introduced, increases the employer contribution under the hybrid retirement plan from 5 percent to 10 percent for current members of the general assembly who have 10 years of creditable service on or after July 1, 2026. - Amends TCA Section 8-36-916.

Summary

The bill raises the employer portion of the hybrid retirement plan for sitting Tennessee legislators who have at least ten years of creditable service from 5% to 10% of their salary. It applies to members in office on or after November 3, 2026, aiming to enhance retirement benefits for long‑term lawmakers.

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

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