House Bill 977, sponsored by Burkhart, proposes an amendment to the Tennessee Code Annotated concerning retirement regulations. Specifically, it modifies Section 8-36-823 by replacing the term "annually" with "annually, or at such other intervals as may be set by the board." This change allows for greater flexibility in the timing of retirement-related actions as determined by the governing board.

The bill is set to take effect immediately upon becoming law, emphasizing the importance of the changes for public welfare. This amendment aims to enhance the management of retirement processes within the state, providing the board with the authority to establish intervals that may better suit the needs of the retirement system.

Statutes affected:
Introduced: 8-36-823