HB 463 Tennessee House · 114th Regular Session (2025-2026)

Pensions and Retirement Benefits - As introduced, requires the board of trustees of the Tennessee consolidated retirement system to convert a person's participation in the retirement system, for service as a member of the general assembly and as a participant in the hybrid plan, from the hybrid plan to the legacy plan upon the person completing 10 years of service as a member of the general assembly if the person became a member of the general assembly on or after July 1, 2014; requires retiree health benefit coverage be made available to retired members of the general assembly with 10 or more years of service. - Amends TCA Title 3; Title 8, Chapter 27, Part 2; Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.

HB 463 changes retirement benefits for Tennessee General Assembly members. It requires legislators who joined on or after July 1, 2014, to switch from the hybrid retirement plan to the legacy plan after 10 years of service. The bill also mandates that retired legislators with 10+ years of service receive retiree health benefits starting July 1, 2024. These changes apply to service completed on or after July 1, 2024, and take effect July 1, 2025.
Bill status died 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2025 Last action Apr 9, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
16
Key actions
8
Committee
11
Apr 9, 2025
Lower · Passed
Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025
lower
Mar 26, 2025
Lower · Passed
Rec. for pass; ref to Finance, Ways, and Means Committee
lower
Mar 26, 2025
Committee
Assigned to s/c Finance, Ways, and Means Subcommittee
lower
Mar 26, 2025
Lower · Passed
Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/2/2025
lower
Mar 19, 2025
Lower · Passed
Action def. in State & Local Government Committee to 3/26/2025
lower
Mar 19, 2025
Lower · Passed
Placed on cal. State & Local Government Committee for 3/26/2025
lower
Mar 12, 2025
Lower · Passed
Rec. for pass by s/c ref. to State & Local Government Committee
lower
Mar 12, 2025
Lower · Passed
Placed on cal. State & Local Government Committee for 3/19/2025
lower
Mar 5, 2025
Lower · Passed
Placed on s/c cal Public Service Subcommittee for 3/12/2025
lower
Feb 5, 2025
Committee
P2C, ref. to State & Local Government Committee
lower
Feb 5, 2025
Committee
Assigned to s/c Public Service Subcommittee
lower
Feb 3, 2025
Introduced
Intro., P1C.
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Ron Travis
Ron Travis
RRepublican
TN
31