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Media Contact: Shelli King, Director of Communications

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Tennessee Treasury’s TNStars 529 College Savings Program awards $6,000 in scholarships to five Tennessee children

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State Treasurer David H. Lillard, Jr. is pleased to recognize Ezekiel Walters as the winner of the $5,000 Grand Prize in the 2022 TNStars Holiday Scholarship Giveaway. His grandmother, Margie Huff, entered the contest on behalf of Ezekiel, a 9-year-old from LaFollette, TN.

TNStars to give $6,000 in scholarships this holiday season

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NASHVILLE, TN – This holiday season, the TNStars College Savings 529 Program is giving away $6,000 in scholarships to Tennessee children!

This December, TNStars will award four $250 weekly prizes and one $5,000 Grand Prize. Tennessee residents 21 years or older can enter to win at TNStars.com/Holiday now through December 31 on behalf of a child, age 10 or younger.  One entry is good for weekly prizes and the grand prize throughout the entire contest period.

All prizes will be deposited into a TNStars scholarship account to be used for the winning beneficiary’s future higher education expenses, ranging from tuition and housing to books, computers, and more.

“Entering our annual holiday scholarship giveaway offers parents a chance at kickstarting their child’s college savings with extra funds,” said State Treasurer David H. Lillard, Jr. “We enjoy helping families start saving for future education, and the earlier they start the more they can take advantage of the power of long-term investment growth.”

TNStars is designed to give Tennessee families high-quality investment options at a low cost to help them put aside money for higher education expenses. Families can invest directly with the program and money can be withdrawn tax-free from a TNStars account as long as it is used for qualified post-secondary education expenses.

The four weekly $250 scholarship winners will be drawn at random and announced beginning December 1, 2022. The grand prize $5,000-winner will be drawn at random on January 3, 2023. To enter the scholarship giveaway or to get more information on the program, visit TNStars.com.

All contest entries and winners are subject to the Official Rules of the TNStars Holiday Scholarship Giveaway.

RetireReadyTN receives Excellence & Innovation Award from Pensions & Investments

RetireReadyTN received an award for its initiative to help public employees and teachers maximize their retirement readiness.

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Nashville, TN RetireReadyTN has received a 2022 Excellence and Innovation Award from Pensions & Investments for its initiative to help public employees and teachers maximize their retirement readiness.

The Tennessee Department of Treasury, under the leadership of Treasurer David H. Lillard, Jr., works to protect the retirement of state and higher education employees, K-12 public school teachers, and the employees of more than 600 participating local governments. RetireReadyTN is the State’s retirement program, combining the strengths of a defined benefit pension provided by the Tennessee Consolidated Retirement System (TCRS), deferred compensation 401(k), and 457(b) plans, and retirement readiness education.

RetireReadyTN was selected for the financial investment publication’s annual award for implementing a strategic plan in partnership with its recordkeeper, Empower Retirement, to increase the number of public employees and teachers meeting one-on-one with a RetireReadyTN Plan Advisor and conducting comprehensive retirement readiness reviews. Since there are 200,000 plan participants and 16 Plan Advisors, RetireReadyTN created a strategy to target public employees and teachers who could be at risk of not meeting their financial needs in retirement. The campaign targets to members who may not be saving enough to replace income when they retire, or who are invested too conservatively or too aggressively based on the number of years until retirement. 

“We thank Pensions & Investments for recognizing the focused efforts of RetireReadyTN to ensure quality, customized investment education is provided to Tennessee’s teachers and public employees, allowing them to achieve personalized retirement security needs,” Treasurer Lillard said.

“Ensuring members are on track for a successful retirement is at the core of everything we do,” said Ashley Nabors, Assistant Treasurer of the Financial Empowerment Division. “By leveraging comprehensive plan data and key indicators of retirement readiness, we can tailor our communication and outreach strategies to specifically target individuals who may not be on track to meet their goals. So far, we are seeing tremendous results. We are driving more retirement readiness meetings with the members who need it most.

Hunter Bethea, Director of the Deferred Compensation Plans, accepted this award on behalf of RetireReadyTN and the Tennessee Department of Treasury as part of the Pensions & Investments Defined Contribution West Conference. Sponsored with the Defined Contribution Institutional Investment Association, P&I recognized eight plans committed to improving retirement outcomes for their participants.  

Portrait of fallen soldier, Staff Sgt. Ryan Christian Knauss, to hang in Gibbs High School

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Corryton, TN (Knox Co.) – Lt. Governor Randy McNally, Senator Becky Massey, Representative Dave Wright, Representative Michelle Carringer, and Treasurer David H. Lillard, Jr., recently presented a portrait memorializing U.S. Army Staff Sergeant Ryan Christian Knauss during a special ceremony to honor the memory of the Gibbs High School graduate. Accompanying the portrait is a framed resolution passed by the Tennessee General Assembly. 

Tennessee Treasury Unclaimed Property on the road to reunite Tennesseans with missing money

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The Tennessee Department of Treasury, Unclaimed Property Division is traveling to events across the state to reunite Tennesseans with missing money. Last fiscal year, the Division returned 50,345 claims, totaling $57.6 million, to the rightful owners. There is currently over $1.2 billion waiting to be claimed in Tennessee.

TNStars celebrates 10 years by giving $10,000 in scholarships!

The TNStars College Savings 529 Program is celebrating 10 years of helping families save and invest for college by giving 10 Tennessee children $1,000 scholarships into a TNStars account.

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The TNStars College Savings 529 Program is celebrating 10 years of helping families save and invest for college by giving 10 Tennessee children $1,000 scholarships into a TNStars account.

Tennessee Financial Literacy Commission and University of Tennessee Celebrate Money Week

The Tennessee Financial Literacy Commission celebrated Money Week at Union Grove Elementary School in Blount County on Wednesday, May 11, 2022.

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Friendsville, TN – The Tennessee Financial Literacy Commission celebrated Money Week at Union Grove Elementary School in Blount County on Wednesday, May 11, 2022.

Tennessee’s Criminal Injuries Compensation Program has paid over $344 million to victims

Criminal Injuries Compensation program, which provides last resort funds to help restore TN victims, is recognizing National Crime Victims’ Rights Week this month

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The Tennessee Department of Treasury’s Criminal Injuries Compensation Program has paid more than $344 million to victims over the past 40 years since the program’s inception in 1982.