Statutes, codes, and regulations
Tennessee Code
Title 8 - PUBLIC OFFICERS AND EMPLOYEESChapter 37 - RETIREMENT - FINANCING AND FUNDS
Part 3 - STATE ACCUMULATION FUND
Section 8-37-307 - Interest and dividends earned - Transfer to individual accounts of members

Tenn. Code § 8-37-307

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Current through Acts 2023-2024, ch. 1069
Section 8-37-307 - Interest and dividends earned - Transfer to individual accounts of members

All interest and dividends earned on the funds of the retirement system shall be credited to the state accumulation fund. The board of trustees annually shall show interest at such rate or rates as it shall determine from time to time on the individual accounts of members in the members' fund and shall transfer such amounts from the state accumulation fund.

T.C.A. § 8-37-307

Acts 1972, ch. 814, § 8; T.C.A., § 8-3930(2).