Local board of education not entitled to establish local fund
Acts 1989, ch. 505, § 8.
(1) Any other law to the contrary notwithstanding, a local board of education shall not be entitled to establish a local teacher retirement fund.
(2) Notwithstanding the foregoing, this section shall not affect the rights, benefits and privileges of teachers presently participating in a local retirement fund.
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.