(a) When any eligible employee in an optional retirement program retires with retirement credit in the retirement system, the employee’s retirement allowance from the retirement system shall be computed and paid in accordance with chapters 34 – 37 of this title.

Terms Used In Tennessee Code 8-25-207

  • Retirement: means withdrawal from membership with a retirement allowance granted under chapters 34-37 of this title. See Tennessee Code 8-34-101
  • Retirement allowance: means the sum of the member annuity and the state annuity. See Tennessee Code 8-34-101
  • Retirement system: means the Tennessee consolidated retirement system as defined in §. See Tennessee Code 8-34-101
(b) Employees who elect to participate under the optional retirement program shall be limited to the benefits of such optional retirement program, upon and after retirement.
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