Pensions and Retirement Benefits - As enacted, enacts the "Tennessee Trump Account Program Act." - Amends TCA Title 4; Title 8; Title 9 and Title 50.

HB 1447 proposes creating the Tennessee Retirement Savings Plan Act, establishing a state-run retirement savings program for Tennessee residents employed within the state. The bill creates a 7-member Tennessee Retirement Savings Board - including the state treasurer, employer and employee representatives, a retired public member, and nonvoting legislative advisors - to develop and manage the plan. Key provisions require the board to design a defined contribution retirement plan, set investment rules, collect administrative fees, and provide outreach to residents. The bill is currently pending introduction (filed October 6, 2025) and has not yet been enacted.