Tennessee · 114th Regular Session (2025-2026) · Bill

SB 1416: General Assembly - As introduced, requires the board of trustees of the Tennessee consolidated retirement system to 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 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. - Amends TCA Title 3; Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.

In committee Last action April 2, 2025: Failed in Senate State and Local Government Committee

Plain-language summary

SB 1416 is a bill introduced in the Tennessee Senate on February 6, 2025. According to its official title, it concerns: General Assembly - As introduced, requires the board of trustees of the Tennessee consolidated retirement system to 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 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. - Amends TCA Title 3; Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36. Primary sponsor: Bo Watson (Republican). Most recent recorded action (April 2, 2025): Failed in Senate State and Local Government Committee.

Sponsors

Primary sponsor: Bo Watson (Republican).