SB1157 — AN ACT to amend Tennessee Code Annotated, Section 8-36-701, relative to cost-of-living adjustments for beneficiaries of the retirement system.

SB1157 — AN ACT to amend Tennessee Code Annotated, Section 8-36-701, relative to cost-of-living adjustments for beneficiaries of the retirement system. · Informed CitizenryThis bill amends Tennessee Code Annotated Section 8-36-701 to establish a new method for adjusting retirement system benefits based on state tax over-collections and the consumer price index. Start…Open in Informed Citizenry