Public Chapter 67

SENATE BILL NO. 1260

By Atchley

Substituted for: House Bill No. 688

By Rhinehart, Hargrove

AN ACT To amend Tennessee Code Annotated, Title 8, Chapter 25; Title 8, Chapters 34, 35 and 36, relative to the retirement benefits of state judges and to an employer match for their deferred or tax sheltered compensation program.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:

SECTION 1. Tennessee Code Annotated, Section 8-36-201(d), is amended by deleting the language "sixty-five (65) years of age" and by substituting instead the language "sixty (60) years of age".

SECTION 2. Tennessee Code Annotated, Section 8-36-301(d), is hereby repealed.

SECTION 3. Tennessee Code Annotated, Section 8-36-304, is amended by adding the word "and" at the end of subdivision (2)(B); by deleting the punctuation and word "; and" at the end of subdivision (3) and by substituting a period ". "; and by deleting subdivision (4) in its entirety.

SECTION 4. If any provision of this act or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of the act which can be given effect without the invalid provision or application, and to that end the provisions of this act are declared to be severable.

SECTION 5. This act shall take effect on September 1, 1998, the public welfare requiring it.