Tennessee Statutes

§ 8-37-307 — Interest and dividends earned - Transfer to individual accounts of members

Tennessee·Title 8
All interest and dividends earned on the funds of the retirement system shall be credited to the state accumulation fund. The board of trustees annually shall show interest at such rate or rates as it shall determine from time to time on the individual accounts of members in the members' fund and shall transfer such amounts from the state accumulation fund.

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Tennessee § 8-37-307 (Interest and dividends earned - Transfer to individual accounts of members) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1972, ch. 814, § 8; T.C.A., § 8-3930(2).

Nearby Sections

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