As a member of RetireReadyTN, one of your most valuable benefits is your comprehensive retirement plan.
That means that pension benefits received by retired members are spent in the local communities of Tennessee.
In 2016, expenditures from Tennessee state and local government pensions supported the following within the state:
Each dollar paid in pension benefits supported $1.69 in total economic activity in Tennessee.
Source: Pensionomics 2018: Measuring the Economic Impact of DB Pension Expenditures, National Institute on Retirement Security
* Industry totals include the first round of impacts from pension payments to state residents, and do not account for recaptured “leakage” to or from other states.
Each $1.00 in state and local pension benefits paid to Tennessee residents ultimately supported $1.69 in total output in the state of Tennessee*.
* This “multiplier” incorporates the direct, indirect, and induced impacts of retiree spending, as it ripples through the state economy. **Source: Pensionomics 2018: Measuring the Economic Impact of DB Pension Expenditures, National Institute on Retirement Security
Protecting Retirement for Tennessee
Reporting and Investment Policies
TCRS Board of Trustees
Council on Pensions and Insurance
GASB and Actuarial Information
Supporting the Economic Ecosystem
Have questions about your retirement account? We're here to help!
(800) 922.7772 (Main line)
(800) 766.4952 (TDD)
TCRSAndrew Jackson Building, 15th Floor
502 Deaderick StreetNashville, TN 37243-0201
Deferred Compensation ProgramEmpower Retirement545 Mainstream Drive, Suite 407Nashville, TN 37228