Plain English Breakdown
The official summary does not provide details on how existing cases or settlements will be affected by the new deadline.
Changing Pension Rules for Workers' Compensation
This bill changes the deadline for Tennessee Consolidated Retirement System (TCRS) members to submit copies of final workers' compensation settlements or judgments from 30 days to 45 days after they become final.
What This Bill Does
- Changes the deadline for TCRS members to submit copies of final workers' compensation settlements or judgments from 30 days to 45 days after they become final.
Who It Names or Affects
- Members of the Tennessee Consolidated Retirement System (TCRS).
Terms To Know
- Tennessee Consolidated Retirement System (TCRS)
- A retirement system for state and local government employees in Tennessee.
Limits and Unknowns
- The bill does not specify the consequences if a member fails to submit the required documents within the new deadline.
- It is unclear how this change will affect existing cases or settlements that were finalized before the law was passed.