SB1575 — Pensions and Retirement Benefits - As enacted, makes a person ineligible for a political subdivision's former retirement plan in the TCRS if the person is hired after the political subdivision changes to any other plan offered by the retirement system; requires that any person wishing to establish service credit in the retirement system must establish such service under the terms of the retirement system plan that existed at the time the service was established and not at the time the service was rendered. - Amends TCA Section 8-35-253 and Section 8-37-214.

SB1575 — Pensions and Retirement Benefits - As enacted, makes a person ineligible for a political subdivision's former retirement plan in the TCRS if the person is hired after the political subdivision changes to any other plan offered by the retirement system; requires that any person wishing to establish service credit in the retirement system must establish such service under the terms of the retirement system plan that existed at the time the service was established and not at the time the service was rendered. - Amends TCA Section 8-35-253 and Section 8-37-214. · Informed CitizenrySB1575 amends Tennessee Code Annotated Sections 8-35-253 and 8-37-214 regarding eligibility for service credit in the Tennessee Consolidated Retirement System. The bill specifies that individuals h…Open in Informed Citizenry