SB1314 — Pensions and Retirement Benefits - As introduced, prohibits local governments from reducing the post-employment benefits of retired employees without the written consent of the employee; prohibits local governments from raising premiums for such benefit plans at a rate that exceeds the average annual rate of inflation. - Amends TCA Title 5; Title 6; Title 7; Title 8; Title 9 and Title 56.

SB1314 — Pensions and Retirement Benefits - As introduced, prohibits local governments from reducing the post-employment benefits of retired employees without the written consent of the employee; prohibits local governments from raising premiums for such benefit plans at a rate that exceeds the average annual rate of inflation. - Amends TCA Title 5; Title 6; Title 7; Title 8; Title 9 and Title 56. · Informed CitizenrySB1314 amends Tennessee Code to regulate how local governments, including counties, municipalities, and school districts, provide post-employment benefits to retired employees. The bill defines pos…Open in Informed Citizenry