SENATE BILL 405
By Walley
SB0405
002125
1 -
AN ACT to amend Tennessee Code Annotated, Title 8,
Chapter 34; Title 8, Chapter 35; Title 8, Chapter
36 and Title 8, Chapter 37, relative to retirement.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 8-36-203(3), is amended by deleting
the language in the first sentence and substituting instead the following:
Distribution of a member's benefit must begin by the required beginning date, which is
April 1 of the calendar year following the calendar year in which the member attains age
seventy and one-half (70 1/2) or age seventy-two (72) if the member was born on or
after July 1, 1949, as such age is extended or otherwise modified by the Internal
Revenue Code or the regulations promulgated thereunder, or April 1 of the calendar
year following the calendar year in which the member terminates, whichever is later.
