Interest and Dividends Earned — Transfer to Individual Accounts of Members

  1. Law
  2. Tennessee Code
  3. Public Officers and Employees
  4. Retirement—financing and Funds
  5. State Accumulation Fund
  6. Interest and Dividends Earned — Transfer to Individual Accounts of Members

Checkout our iOS App for a better way to browser and research.

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.


Download our app to see the most-to-date content.