The board of trustees, with the approval of the commissioner of finance and administration, may, at its discretion, direct that the cost of administering the retirement system be prorated among all employers and deducted from each employer's account in the state accumulation fund.
Tenn. Code Ann. § 8-34-319
Proration of costs among employers
Acts 1981, ch. 387, § 15; 1994, ch. 958, § 2; 2011, ch. 140, § 6; 2015, ch. 118, § 5.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.