TN HB2117

Retirement Benefits

Introduced House John Crawford (R)
Plain English Summary

This bill proposes to increase the amount that employers contribute to the hybrid retirement plan for current members of the Tennessee General Assembly. Specifically, it raises the contribution from 5 percent to 10 percent for those who have at least 10 years of service, effective from July 1, 2026.

Supporters Say

Supporters of the bill argue that increasing employer contributions will strengthen the retirement benefits for dedicated public servants. They believe this change will help attract and retain qualified individuals in the General Assembly, ensuring a more stable and experienced legislative body.

Critics Say

Critics may argue that raising employer contributions could place an additional financial burden on the state's budget. They might also contend that this change primarily benefits a select group of politicians rather than addressing broader retirement security issues for all public employees.

Conflict of Interest Analysis Personal Interests
1/10
Risk Level
Low
Policy Area
Finance and Financial Sector
Industry Overlap
0%
Personal Conflicts
0 found

The analysis of HB2117, which proposes an increase in employer contributions under the hybrid retirement plan for certain members of the Tennessee General Assembly, shows no direct conflicts of interest with Representative John Crawford's personal financial interests. Crawford's business activities, primarily in the plumbing and electrical sectors, as well as his involvement with ABLE PRINTERS and PLAQUES ETC., do not intersect with the legislative subject matter of pensions or retirement benefits. The bill's focus on adjusting retirement contributions does not appear to provide any financial gain to Crawford's businesses or personal investments. Given the absence of any direct or indirect financial benefit to the sponsor from the proposed legislation, the risk of conflict of interest is assessed as low.

Sponsor's Personal Financial Interests

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Type Description Industry Source
Occupation Business Owner AI-researched
Employer Owner of Plumbing and Electrical Business TN Legislature bio
Business Owner Owner of Plumbing and Electrical Business AI-researched
Employer ABLE PRINTERS TN Ethics Commission
Asset PLAQUES ETC. TN Ethics Commission

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.