The public school teachers' retirement fund held in trust by the board of trustees shall be known as the sinking fund of the public school teachers' retirement fund, and is created and held for the purposes and uses of supplementing any deficiencies that may occur in the fund or account in the hands or under the control of the public treasurer.
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