United States — Tennessee
TCA § 9-4-1101 — Part definitions
1 provisions
This section defines “Legacy pension plan,” “State employee,” and “Trustees” for this part.
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United States — Tennessee
TCA § 9-4-1102 — State employee legacy pension stabilization reserve trust fund
1 provisions
This section creates the trust fund, puts the Department of the Treasury in charge, limits the fund to its stated pension purpose, and requires the Attorney General and Reporter to approve the trust instrument.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-1103 — Chair of trustees
1 provisions
The comptroller of the treasury must serve as chair of the trustees and preside over trustee meetings and proceedings.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-1104 — Investment policy — Charge for administrative and investment expenses
1 provisions
Trustees must adopt an investment policy for the trust, and the state treasurer must manage investment and reinvestment under that policy.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-1105 — Purpose of trust fund — Certification of amount needed to fund increase in employer contribution rate — Use of assets
1 provisions
The trust fund’s assets may be used only for the section’s purpose and related administration costs, and trustees may move money only after a certification and best-interests determination.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-1106 — Annual financial reports
1 provisions
Trustees must prepare annual financial reports after each fiscal year ends, and the reports and related records may be audited by the comptroller of the treasury.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-1201 — Part definitions
1 provisions
This section defines “Legacy pension plan,” “Teacher,” and “Trustees” for use in this part, unless the context requires otherwise.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-1202 — Teacher legacy pension stabilization reserve trust fund
1 provisions
This section creates the teacher legacy pension stabilization reserve trust and requires treasury administration and attorney general approval of the trust instrument.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-1203 — Chair of trustees
1 provisions
The comptroller of the treasury must serve as chair of the trustees and preside over all trustee meetings and proceedings.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-1204 — Investment policy — Charge for administrative and investment expenses
1 provisions
Trustees must adopt an investment policy for trust assets, and the state treasurer must manage trust fund investment and reinvestment under that policy.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-1205 — Purpose of trust fund — Certification of amount needed to fund increase in employer contribution rate — Use of assets
1 provisions
The board may certify an amount when teacher employer contribution rates rise above the 2018 level, and the trust trustees must decide whether a transfer is in beneficiaries’ best interests before directing any transfer. The fund’s assets must be used only for the section’s purpose and reasonable administration and inv
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-1206 — Annual financial reports
1 provisions
Trustees must prepare annual financial reports after each fiscal year ends, covering the trust’s activities. The reports and the trust’s books, accounts, and financial records are subject to audit by the comptroller of the treasury.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-201 — Special federal funds
1 provisions
The commissioner of finance and administration must set up and maintain special accounts in the general fund for federal money received for designated purposes.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-202 — Separate account, collateral, and bond
1 provisions
State-law references to a separate account mean a separate account in the state's accounting system, and separate collateral or bond references are treated as satisfied in the ways stated here.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-203 — Trust funds
1 provisions
The funding board acts as trustee for certain state-held trust funds, the state treasurer invests them under the board’s policy guidelines, and each trust fund pays its administrative investment expenses.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-204 — Police pay supplement fund
1 provisions
A special account called the police pay supplement fund is created in the general fund, and designated police pay supplement money must be deposited and used only as authorized.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-205 — Victims of crime assistance fund
1 provisions
The state creates a victims of crime assistance fund, and the commissioner of human services must receive and approve grant applications from it.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-206 — Impaired drivers trust fund
1 provisions
The fund’s money must stay out of the state general fund and may be used by the division of vocational rehabilitation only for the subsection’s purpose.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-207 — Transportation equity trust fund — Account
1 provisions
A segregated transportation equity trust fund is created in the state treasury, and its money must be handled for specified transportation-related purposes.
Act or statute Open & ChatUnited States — Tennessee
TCA § 9-4-208 — Appropriations to promote industries and facilities involving modern technologies — Audits
1 provisions
The general assembly may give funds to organizations for technology-related economic development purposes, and the comptroller of the treasury may audit those funds.
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