SB2670 - Tennessee: General Assembly, Pensions And Retirement Benefits

Companion Bill HB2568. Pensions and Retirement Benefits - Requires forfeiture of access to health insurance benefits by any member of the general assembly convicted of a felony involving public office. - Amends TCA Title 8. Fiscal Summary for SB2670 / *HB2568Other Fiscal Impact - If one current or former member of the General Assembly is convicted of a felony during FY08-09, and this individual is of average age, with an average life expectancy, total state expenditures could decrease by an amount estimated to exceed $700,000 over the individuals remaining life (an average of $28,000 per year for 25 years). Bill Summary for SB2670 / *HB2568 Present law provides that upon retirement from the general assembly, any senator or representative or, upon completion of a term of office, the governor may elect to retain state employees' health group insurance [...]

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