Pensions and Retirement Benefits - As introduced, increases the employer contribution under the hybrid retirement plan from 5 percent to 10 percent for current members of the general assembly who have 10 years of creditable service on or after July 1, 2026. - Amends TCA Section 8-36-916.

SB 2192 increases the employer pension contribution rate from 5% to 10% for current Tennessee state legislators (members of the general assembly) who have at least 10 years of creditable service in the hybrid retirement plan by July 1, 2026. This change applies only to sitting legislators meeting the service requirement, directly affecting their retirement benefits under Tennessee Code Annotated § 8-36-916. The bill amends the existing retirement plan rules to provide a higher employer contribution rate specifically for qualifying legislators. It takes effect for legislators serving in office on or after November 3, 2026.