We strive to provide exceptional leadership to enhance Tennessee’s financial resources and help grow the per capita income of families in Tennessee.
Treasury serves all Tennesseans
by helping to educate and empower them to make smart financial choices, and by providing public-
serving programs in the areas of college savings, financial literacy, unclaimed property, criminal injuries
compensation, risk management, and more.
We work to fulfill our mission and vision every day to benefit citizens across Tennessee!
To invest in the well-being of Tennesseans through exceptional financial leadership, management, service and education
To enrich the lives of Tennesseans as a national leader in public financial stewardship
The Tennessee Department of Treasury’s Investment Division is comprised of 34 professionals with extensive
education, professional training, and 32 professional designations to manage its investments. The department
achieves investment returns consistent with its peers while maintaining an investment expense that is among the
lowest in the southeast.
download the treasurer's report Visit Investments
Of every $100 paid to retirees by TCRS, $66 was made through investment earnings.
Established by the 108th General Assembly, Tennessee Promise provides students a last-dollar scholarship to cover tuition and fees not covered by the Pell grant, the HOPE scholarship, or TSAA funds.
As of June 30, 2019, the Tennessee Promise Endowment
Trust has a market value of $595 million.
Treasury protects the retirement of more than 220,000 current state and higher education employees, K-12 teachers and employees of participating local governments, as well as more than 144,000 retirees.
TCRS paid $2.6 billion in retirement benefits last year. 92% of all TCRS retirees remain in Tennessee. These retirement benefits have an economic impact in all 95 counties!
RetireReadyTN Plan Advisors conducted 18,470 one-on-one retirement readiness meetings and 1,326 group meetings, along with the following call-center performance:
The Tennessee Financial Literacy Commission (TNFLC) strives to equip Tennesseans with the
resources they need to make sound financial decisions when planning, saving, and investing.
Discover financial education
One of the nation’s first ABLE programs to launch, ABLE TN provides a valuable resource to help individuals with disabilities save for future expenses.
At the end of fiscal year 2019, ABLE TN account holders had saved more than $15.9 million in 1,951 accounts. Learn more about ABLETN
The TNStars College Savings 529 Program helps families save money for college expenses by
offering high quality investment options at a low cost.
TNStars ended fiscal year 2019 with $160.2 million in assets across 16,897 funded accounts,
a milestone reached in part by running successful marketing campaigns throughout the year.
Discover TNStars college savings
The Tennessee Investments Preparing Scholars (TIPS) program encourages families to save for
the growing costs associated with post-secondary education by offering a 4-to-1 matching grant incentive.
Learn more about TIPS
The Tennessee Treasury’s Unclaimed Property Division serves as a consumer
protection program working to reunite this money with its rightful owner.
The Department returned a record-breaking 62549 claims, resulting in $65.4 million paid to claimants in 2019!
Discover unclaimed property
The Criminal Injuries Compensation (CIC) Program provides financial assistance that defrays the costs of medical
services, loss of earnings, burial costs, and other pecuniary losses to either an innocent victim of a crime or to the dependents of a deceased victim.
Discover the Criminal Injuries Compensation Fund
Members of Treasury staff participated in Domestic Violence Awareness Month by wearing purple.
The responsibilities of the Division of Claims and Risk Management include:
At the end of the fiscal year ending June 30, 2019, the insured property value for the State was $25B.
Responsibilities of the Division of Claims and Risk Management also include:
Discover Claims and Risk Management
Enriching Lives, Leading the Way
Boards and Commissions
Shelli King, Director of Communications