Pensions and Retirement Benefits - As enacted, requires retirement credit established for a period of disability for a commissioned member of the department of safety or agent of the Tennessee bureau of investigation to be at no cost to that member; authorizes political subdivisions that pass a resolution to establish retirement credit for its employees to allow the credit for a period of disability for any member who is subject to mandatory retirements to be at no cost to such person. - Amends TCA Title 8, Chapter 34, Part 6.

SB 2017 modifies Tennessee's retirement system to provide disability-related retirement credit at no cost to certain public safety employees. It requires that state-level commissioned members of the Department of Safety or Tennessee Bureau of Investigation agents receive this credit without paying contributions, effective July 1, 2026. Additionally, local governments (political subdivisions) can pass resolutions to extend this no-cost credit to their police officers, provided they adopt the change on or after that date. The bill does not apply to employees who already received disability credit before July 1, 2026. All credit applications must follow specific certification and contribution rules set by the state treasurer.