About the Treasury

Boards and Commissions

From college savings to TCRS, learn about the various boards and commissions that are part of your Tennessee Treasury.

gavel and law books

Advisory Council on Workers' Compensation

The Advisory Council on Workers' Compensation exists to provide information, research and recommendations concerning workers' compensation issues to the Tennessee General Assembly, the Department of Commerce and Insurance and the Department of Labor and Workforce Development.

Learn more about the Advisory Council on Workers' Compensation

capitol building and plaza

Board of Claims

The Board of Claims provides general oversight of Tennessee's programs for compensating persons damaged by the State or its employees. The Board also reviews and authorizes the purchase of insurance for the State property insurance program and the State aviation insurance program.

Learn more about the Board of Claims

studentTEACHERcollege

Chairs of Excellence Trust

The Chairs of Excellence Trust is a permanent trust fund authorized in 1984 to further the cause of higher education in Tennessee. The funding of the program is provided through contributions made by a private donor and a matching amount by the state, thus creating a chair.

Learn more about the Chairs of Excellence Trust

studentTEACHERcollege

Collateral Pool Board

The Collateral Pool Board oversees the risk-sharing pool of collateral pledged by participating financial institutions to guarantee public deposits. The duties of the Board are found in TCA 9-4-508.

Learn more about the Collateral Pool Board

happy graduates in cap and gown

College Savings Trust Fund Board

The College Savings Trust Fund Board oversees the TNStars College Savings 529 Program and the Baccalaureate Education System Trust (BEST) Prepaid Plan, which was closed on November 30, 2015.

Learn more about the College Savings Trust Fund Board

Tennessee state capitol building

Council on Pensions

Created as a legislative oversight committee, the Council on Pensions develops, recommends and establishes pension and retirement standards and maintains a progressive state policy on retirement. Additionally, the Council reviews legislation affecting state-provided insurance programs for both active and retired members of the Tennessee Consolidated Retirement System.

Learn more about the Council on Pensions

Tennessee state capitol building

K-12 Mental Health Trust Fund Board of Trustees

The K-12 Mental Health Trust Fund was created by the General Assembly in 2021 to provide mental health support to students in primary and secondary schools in Tennessee.

Learn more about the K-12 Mental Health Trust Fund Board of Trustees

handcuffs and gavel

Law Enforcement Task Force

The Law Enforcement Task Force was created by the General Assembly to study retirement benefits for Tennessee's law enforcement officers.

Learn more about the Law Enforcement Task Force

Tennessee state capitol building

Tennessee Captive Insurance Company Board of Directors

The Tennessee Captive Insurance Company Board of Trustees provides general oversight of Tennessee's Captive Insurance Company, formed in June 2022.

Learn more about the Captive Insurance Board

Lady Justice

Tennessee Claims Commission

The Commission adjudicates claims involving tax recovery, state employee workers' compensation, and alleged negligence by state officials or agencies.

Learn more about the Claims Commission

TCRS logo

Tennessee Consolidated Retirement System (TCRS) Board

The Tennessee Consolidated Retirement System Board (TCRS) of Trustees is responsible for the general administration and proper operation of TCRS

Learn more about the TCRS Board of Trustees

happy preschool children with teacher in financial education class

Tennessee Financial Literacy Commission (TNFLC) Board

Through our partnership with EVERFI, we're proud to offer Tennesseans proven financial education modules, including the Vault game for youth, the complete Financial Empowerment Resource Library for adults, and more!

Learn more about the TNFLC Board

Upcoming Meetings

Meeting Date and Time
Wednesday, September 24, 2025 at 2:00 p.m. CT

Location
Cordell Hull Office Building
House Hearing Room III, 1st floor
425 Rep. John Lewis Way North
Nashville, Tennessee 37243

Documents to download

Read more

Previous Meetings

Meeting Date and Time
Friday, September 12, 2025 at 10:00 a.m. CT

Location
Cordell Hull Building
Senate Hearing Room I, 1st Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Watch Meeting

Documents to download

Read more

Meeting Date and Time
Friday, September 12, 2025 at 9:00 a.m. CT

Location
Cordell Hull Building
Conference Room D, 8th Floor
425 Rep. John Lewis Way N.
Nashville, Tennessee 37243

Documents to download

Read more

Boards and Commissions

Treasurer Lillard also serves on the following Boards and Commissions:

  • Advisory Board to Establish Compensation for the Use of the Right-of-Way for Underground Fiber Optic Cable Facilities
  • Advisory Committee to the Trustees of the Fisk University Stieglitz Collection Art Endowment Fund
  • Advisory Council on Workers’ Compensation
  • Board of Claims
  • Board of Trustees for the Opioid Abatement Fund
  • Catastrophic Injuries Fund Commission
  • Chairs of Excellence Endowment Fund Board
  • College Savings Trust Fund Program Board
  • Collateral Pool Board
  • Commission on Crime Victims Assistance
  • Commission to Purchase Surplus Federal Property
  • Council on Pensions & Insurance
  • Gift Tax Appraisals Appeals Board
  • Local Education Insurance Committee
  • Local Government Insurance Committee
  • Ocoee River Recreation and Economic Development Fund Board
  • Pension Stabilization Reserve Trust Fund Board
  • Public Records Commission
  • Sick Leave Bank Board
  • State Board of Equalization
  • State Building Commission
  • State Capitol Commission
  • State Energy Policy Council
  • State Funding Board
  • State Insurance Committee
  • State Protest Committee
  • Tennessee Consolidated Retirement System Board
  • Tennessee Financial Literacy Commission Board
  • Tennessee Higher Education Commission
  • Tennessee Housing Development Agency Board
  • Tennessee Interagency Cash Flow Committee
  • Tennessee Local Development Authority
  • Tennessee Promise Board
  • Tennessee State School Bond Authority
  • Tennessee Student Assistance Corporation Board
  • Tuition Guaranty Fund Board
  • Workers' Compensation Insurance Fund Board

Administration

  • Achieving a Better Life Experience (ABLE TN)
  • Certified Public Administrator Educational Incentive
  • Chairs of Excellence
  • Collateral Pool Program
  • College Savings
  • Criminal Injury Compensation
  • Deferred Compensation Program
  • Electronic Monitoring Indigency Fund
  • Higher Education Foundation Investment Pool
  • Intermediate Term Investment Fund
  • Local Government Investment Pool
  • Old Age and Survivors Insurance Agency
  • State Pooled Investment Fund
  • Optional Retirement Program for Employees of Public Institutions of Higher Education
  • Small and Minority-Owned Business Assistance Program
  • Risk Management Fund
  • Pension Stabilization Reserve Trusts
  • Tennessee Consolidated Retirement System
  • Tennessee Promise Scholarship
  • Unclaimed Property
  • Volunteer Public Education Trust Fund