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SB1416 • 2026

General Assembly

AN ACT to amend Tennessee Code Annotated, Title 3; Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36, relative to retirement system participation by members of the general assembly.

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor
Watson, Travis
Last action
2025-04-02
Official status
Failed in Senate State and Local Government Committee
Effective date
Not listed

Plain English Breakdown

The bill's failure status and lack of further action are noted but do not affect its content description.

Tennessee Retirement System Changes for General Assembly Members

This bill requires members of Tennessee's General Assembly who have served at least ten years since July 1, 2014 to switch from the hybrid retirement plan to the legacy plan.

What This Bill Does

  • Requires the board of trustees to convert a person's participation in the Tennessee Consolidated Retirement System (TCRS) from the hybrid plan to the legacy plan upon completing ten years of service as a member of the General Assembly if they became a member on or after July 1, 2014.
  • The board must provide written notification to the member after the conversion is completed.
  • The office of legislative administration must notify the board of trustees when a member completes ten years of service.

Who It Names or Affects

  • Members of the Tennessee General Assembly who have served at least ten years since July 1, 2014.
  • The board of trustees of the Tennessee Consolidated Retirement System (TCRS).

Terms To Know

Hybrid Plan
A retirement plan that combines features from different types of plans.
Legacy Plan
An older type of retirement plan used before the hybrid plan was introduced.

Limits and Unknowns

  • The bill did not pass and is no longer being considered.
  • It only affects people who joined the General Assembly after July 1, 2014.

Bill History

  1. 2025-04-09 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025

  2. 2025-04-02 Tennessee General Assembly

    Failed in Senate State and Local Government Committee

  3. 2025-04-02 Tennessee General Assembly

    Placed behind the budget

  4. 2025-04-01 Tennessee General Assembly

    Placed on Senate State and Local Government Committee calendar for 4/2/2025

  5. 2025-04-01 Tennessee General Assembly

    Action deferred in Senate State and Local Government Committee to 4/2/2025

  6. 2025-03-26 Tennessee General Assembly

    Placed on Senate State and Local Government Committee calendar for 4/1/2025

  7. 2025-03-26 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/2/2025

  8. 2025-03-26 Tennessee General Assembly

    Assigned to s/c Finance, Ways, and Means Subcommittee

  9. 2025-03-26 Tennessee General Assembly

    Rec. for pass; ref to Finance, Ways, and Means Committee

  10. 2025-03-19 Tennessee General Assembly

    Placed on cal. State & Local Government Committee for 3/26/2025

  11. 2025-03-19 Tennessee General Assembly

    Action def. in State & Local Government Committee to 3/26/2025

  12. 2025-03-12 Tennessee General Assembly

    Placed on cal. State & Local Government Committee for 3/19/2025

  13. 2025-03-12 Tennessee General Assembly

    Rec. for pass by s/c ref. to State & Local Government Committee

  14. 2025-03-05 Tennessee General Assembly

    Placed on s/c cal Public Service Subcommittee for 3/12/2025

  15. 2025-02-12 Tennessee General Assembly

    Passed on Second Consideration, refer to Senate State and Local Government Committee

  16. 2025-02-10 Tennessee General Assembly

    Introduced, Passed on First Consideration

  17. 2025-02-06 Tennessee General Assembly

    Filed for introduction

  18. 2025-02-05 Tennessee General Assembly

    Assigned to s/c Public Service Subcommittee

  19. 2025-02-05 Tennessee General Assembly

    P2C, ref. to State & Local Government Committee

  20. 2025-02-03 Tennessee General Assembly

    Intro., P1C.

  21. 2025-01-28 Tennessee General Assembly

    Filed for introduction

Official Summary Text

This bill
requires
the board of trustees
to
convert a person's participation in the
Tennessee consolidated retirement system (TCRS)
for service as a member of the general assembly and as a participant in the hybrid plan, from the hybrid plan to the legacy plan upon
the person completing
10
years of service as a member of the general assembly if the person became a member of the general assembly on or after July 1, 2014.

The board
must
provide written notification to the member after the conversion from the hybrid
plan to the legacy plan is completed.
Additionally, t
he office of legislative administration
must
notify the board of trustees upon a member of the general assembly completing
10
years of service as a member of the general assembly.

Current Bill Text

Read the full stored bill text 
HOUSE BILL 462
By Travis

SENATE BILL 1416
By Watson

SB1416
000101
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 3;
Title 8, Chapter 34; Title 8, Chapter 35 and Title 8,
Chapter 36, relative to retirement system
participation by members of the general assembly.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 8-36-903, is amended by adding the
following as a new subsection (f):
(1) Notwithstanding this section, § 8-35-109, or another law to the contrary, the
board of trustees shall convert a person's participation in the retirement system, for
service as a member of the general assembly and as a participant in the hybrid plan,
from the hybrid plan to the legacy plan upon the person completing ten (10) years of
service as a member of the general assembly if the person became a member of the
general assembly on or after July 1, 2014. The board shall provide written notification to
the member after the conversion from the hybrid plan to the legacy plan is completed.
(2) The office of legislative administration shall notify the board of trustees upon
a member of the general assembly completing ten (10) years of service as a member of
the general assembly.
SECTION 2. This act takes effect July 1, 2025, the public welfare requiring it, and
applies to persons completing ten (10) years of service as a member of the general assembly
on or after July 1, 2024.