Tennessee Consolidated Retirement System (TCRS)


Retirement benefits are managed by the Tennessee Consolidated Retirement System (TCRS).   The City contributes a percentage of an employee’s pay each month after six months of employment.  Employees contribute 5% of their pay after six months of employment. Employees are vested after five years of service. Benefits at retirement are based upon salary, years of participation, and age when payments begin.

Regular full time employees are 100% vested at the completion of five years of service. Regular part-time employees are vested after obtaining the equivalent of 60 months of full time service. Multiple retirement options are available based upon age and years of service.

For employees hired before 7/1/23 to receive credit for the first six months of employment, fill out the TCRS Application for Additional Retirement Credit form and return to Payroll.


Coverage: Bridge Program Tennessee Consolidated Retirement System (TCRS)

The City provides all sworn Police and Fire personnel a benefit improvement for retirement.


The City will fund this defined benefit retirement plan at a higher rate than that of regular, non-sworn personnel. The improvement package has three main parts: 

  1. Mandatory retirement for all sworn public safety personnel. Only those whose duties are more than 50% administrative may continue past age 60 until age 62.
  2. Allowance of reduced retirement benefits upon attainment of age 55 with 25 years of sworn public safety personnel service.
  3. Allow the bridge benefit to begin at age 55 and continue to age 62. Regular full-time Police and Fire public safety employees are 100% vested at the completion of five years of service.



The City offers all regular full-time employees access to a 401(k) or 457(b) defined contribution retirement plan through Empower. Employee contributions to the plan may be made by payroll deduction. All plans are fully funded by the employee. Employees may enroll in and make changes to their individual plans throughout the calendar year.


As of January 31, 2019, employee contributions to the Nationwide 457(b) deferred compensation plan ended. Employees who opted to retain their funds with Nationwide should contact Nationwide for assistance.