Any prior Class B member who limited such member's deduction to four thousand two hundred dollars ($4,200) of such member's annual salary may, upon proper authorization from the board of trustees, make a deposit in a lump sum equal to the amount which the member would have paid had the member been contributing on such member's annual salary, plus interest at the rate provided for in § 8-37-214, relative to redeposits. Such an amount so deposited shall become a part of the member's accumulated contributions in the same manner as if the contributions had been timely paid.
Structure 2021 Tennessee Code
Title 8 - Public Officers and Employees
Chapter 36 - Retirement Benefits
§ 8-36-101. Prohibited Changes in Retirement
§ 8-36-103. Members of the General Assembly Prior to June 30, 1976
§ 8-36-105. Lump Sum Payments by Prior Class Members Who Limited Earnable Compensation
§ 8-36-111. Exemption of Benefits From Execution, Attachment, Garnishment and Assignment
§ 8-36-112. Withholding of Insurance Premiums From Benefit Payments Authorized
§ 8-36-115. Correction of Errors in Benefit Payments
§ 8-36-116. Legislative Intent to Collect Overpayments — Exceptions
§ 8-36-122. Blind Employees — Retirement Allowance — Computation