Public Employees - As introduced, replaces the member of the state insurance committee appointed by the Tennessee state employees association with a member who is a preferred service employee; replaces the member of the local education insurance committee who is a representative of local school boards and selected by the Tennessee School Boards Association with a representative of local school boards selected by the commissioner of finance and administration; replaces the members of the local government insurance committee appointed by the Tennessee Municipal League and Tennessee County Services Association with members who are employees of a municipality and a county government and appointed by the commissioner of finance and administration. - Amends TCA Section 8-27-201; Section 8-27-301 and Section 8-27-701.