Senate Bill 2058, also known as the "Supporting Troopers through Advanced Retirement (STAR) Act," amends Tennessee Code Annotated to establish a new retirement plan specifically for state troopers. The bill introduces sections 8-36-214, 8-36-215, and 8-36-216, which define key terms related to the STAR plan, including "average final compensation," "contributing member," and "deferred retirement option program" (DROP). Under the STAR plan, state troopers who are contributing members of the retirement system as of July 1, 2026, can elect to participate in this new plan, which offers enhanced retirement benefits. Those hired after this date will automatically be enrolled in the STAR plan.

The bill outlines the contribution requirements for state troopers transitioning from the legacy or hybrid retirement plans to the STAR plan, including a one-time buy-in fee for those leaving the legacy plan. It specifies that electing officers will receive a monthly retirement benefit based on their average final compensation, with no minimum retirement age after achieving 25 years of service. Additionally, the bill establishes a DROP account for electing officers, allowing them to defer retirement benefits while continuing to work. The act is set to take effect on July 1, 2026.