In case the fund is insufficient to pay the annuity provided for in this part, there shall be a ratable distribution among such beneficiaries who may be entitled to the annuity, and there shall be no claim for any deficiency.
Structure 2021 Tennessee Code
Part 9 - Teachers' Local Retirement Systems
§ 49-5-905. Deficiencies in Contributions
§ 49-5-906. Eligibility for Benefits
§ 49-5-907. Retirement Because of Incapacity
§ 49-5-908. Insufficiency of Fund to Pay Annuities
§ 49-5-909. Exemption of Benefits From Process — Nonassignability
§ 49-5-912. Delegation of Duties by Trustees