State Codes and Statutes

Statutes > Tennessee > Title-8 > Chapter-37 > Part-3 > 8-37-302

8-37-302. Amount of total employer contribution.

The contributions of the employer for benefits under the retirement system on account of each member classification shall consist of:

     (1)  A percentage of the earnable compensation of the members to be known as the “normal contribution”;

     (2)  An additional percentage of the earnable compensation of the members to be known as the “accrued liability contribution”; and

     (3)  The amount of the penalty assessed against the employer.

[Acts 1972, ch. 814, § 8; 1974, ch. 788, § 7; 1978, ch. 741, § 4; T.C.A., § 8-3930(2).]  

State Codes and Statutes

Statutes > Tennessee > Title-8 > Chapter-37 > Part-3 > 8-37-302

8-37-302. Amount of total employer contribution.

The contributions of the employer for benefits under the retirement system on account of each member classification shall consist of:

     (1)  A percentage of the earnable compensation of the members to be known as the “normal contribution”;

     (2)  An additional percentage of the earnable compensation of the members to be known as the “accrued liability contribution”; and

     (3)  The amount of the penalty assessed against the employer.

[Acts 1972, ch. 814, § 8; 1974, ch. 788, § 7; 1978, ch. 741, § 4; T.C.A., § 8-3930(2).]  


State Codes and Statutes

State Codes and Statutes

Statutes > Tennessee > Title-8 > Chapter-37 > Part-3 > 8-37-302

8-37-302. Amount of total employer contribution.

The contributions of the employer for benefits under the retirement system on account of each member classification shall consist of:

     (1)  A percentage of the earnable compensation of the members to be known as the “normal contribution”;

     (2)  An additional percentage of the earnable compensation of the members to be known as the “accrued liability contribution”; and

     (3)  The amount of the penalty assessed against the employer.

[Acts 1972, ch. 814, § 8; 1974, ch. 788, § 7; 1978, ch. 741, § 4; T.C.A., § 8-3930(2).]