8-37-215 - Transfer of accumulated contributions to the state accumulation fund for payment of allowances.
8-37-215. Transfer of accumulated contributions to the state accumulation fund for payment of allowances.
Upon the retirement of a member, or if a retirement allowance becomes payable on account of the member's death prior to retirement, the member's accumulated contributions shall be transferred from the members' fund to the state accumulation fund.
[Acts 1972, ch. 814, § 8; T.C.A., § 8-3930(1).]