11 - State Teachers' Retirement System
11. State Teachers' Retirement System 49-1501. Definition of terms. 49-1502. Establishment of system Management. 49-1503. Board of trustees. 49-1504. Legal adviser to board. 49-1505. Medical board. 49-1506. Actuary Duties. 49-1507. Pecuniary interest of trustees and employees prohibited. 49-1508. Membership of teachers beginning after 1945. 49-1509. Membership of teachers. 49-1510. Exclusion of teachers under local retirement systems. 49-1511. Education association and other employees. 49-1512. Cessation of membership. 49-1513. Filing statement of prior service. 49-1514. Determination of prior service credit. 49-1515. Verification of prior service Computation of compensation. 49-1516. Prior service certificates. 49-1517. Credit for military service. 49-1518. Creditable service at retirement. 49-1519. Accounts established. 49-1520. Members' contributions account Source. 49-1521. Deductions from teachers' pay and fund. 49-1522. Collection of members' contributions. 49-1523. Contributions during leave of absence. 49-1524. Return of contributions on cessation of membership. 49-1525. Redeposit of withdrawn contributions. 49-1526. Transfers from members' contributions account to accumulation account. 49-1527. Accumulation account. 49-1528. Annual payment of state contributions. 49-1529. Normal rate of state contributions. 49-1530. Accrued liability contribution rate. 49-1531. Amount payable annually by state. 49-1532. [Repealed.] 49-1533. [Repealed.] 49-1534. Payment of state's contribution. 49-1535. Payment of allotted funds into accumulation account. 49-1536. Management and investment of funds. 49-1537. Interest rate used in calculations. 49-1538. Crediting of interest and dividends. 49-1539. Treasurer as custodian of accounts Cash on hand. 49-1540, 49-1541. [Repealed.] 49-1542. Members of local retirement funds. 49-1543. Service retirement. 49-1544. Service retirement allowance. 49-1545. Disability retirement. 49-1546. Disability retirement allowance. 49-1547. Reexamination after disability retirement. 49-1548. Reduction of disability allowance because of ability to engage in gainful occupation. 49-1549. Cessation of disability allowance upon restoration to full service Service as substitute teacher by persons receiving service allowance. 49-1550. [Repealed.] 49-1551. Benefits allowable on military service. 49-1552. Minimum monthly allowance Supplemental payments Minimum benefit fund. 49-1553. Optional retirement allowances. 49-1554. Final payment where options not selected Adjustment of retirement allowances for social security benefits. 49-1555. Separation from service after ten years of service Leaving contributions in account. 49-1556. [Repealed.] 49-1557. Annual appropriation. 49-1558. Benefits exempt from taxation and execution Unassignable. 49-1559. Penalty for fraud Correction of errors. 49-1560. Other retirement laws inapplicable. 49-1561. Adjustment of allowance. 49-1562. Suspension of allowance. 49-1563. Optional retirement programs for teachers employed in state supported institutions of higher education University of Tennessee or its employees excepted.