6-54-802 - Adoption of part Application of part.
6-54-802. Adoption of part Application of part.
(a) Notwithstanding any provision of the law to the contrary, the governing body of any municipality may by ordinance adopt the provisions of this part to establish and to authorize the payment of the minimum retirement allowance provided in § 6-54-803. The adoption of the provisions of this part shall not authorize a decrease in the retirement allowance presently being paid to any retired employee. The adoption of the provisions of this part by a municipality shall be permanent and such action may not be repealed to the detriment of any retired employee or such retired employee's survivor or beneficiary.
(b) If the department of any municipality has more than one (1) retirement system or pension plan for its retired employees, the adoption of the provisions of this part by the governing body of the municipality shall not affect any provisions of such retirement system or pension plan, except as is necessary to provide the minimum retirement allowance established in subsection (a).
(c) The provisions of this part shall not apply to retirement allowances of municipal employees under the provisions of the Tennessee state retirement system.
(d) The provisions of this part shall not apply to any retirement system, pension plan or division thereof in which the member's or beneficiary's benefits are computed in conjunction with or reduced by social security benefits.
[Acts 1971, ch. 397, § 2; T.C.A., § 6-659.]