Crossville To Rejoin TCRS Retirement System For Employees
Crossville wants to rejoin the Tennessee Consolidated Retirement System to offer city employees more freedom with retirement savings. Crossville Mayor RJ Crawford said over the past three years, the city has offered significant pay increases to city staff. He said in conversations with HR Director Leah Crockett, he learned that people are still hesitant to […]
Algood To Explore Potential Retirement Plan Options For City Employees
The City of Algood will explore options to potentially transition city employee retirement plans from a 401k to defined benefits. City Administrator Keith Morrison said the transition has been some time in the making, with the first phase completed previously in a move to a state 401k plan through the Tennessee Consolidated Retirement System. Morrison […]
Cookeville City Council Votes To Accept TCRS And CRMC Retirement Repayment Plan
The city of Cookeville voted to accept the retirement repayment plan with Cookeville Regional Medical Center at their special-called meeting on Friday morning. City Manager James Mills said approving this resolution is a significant long-term impact for the city. “The potential to reduce the city’s annuals TCRS contribution by almost half will literally save us […]
Jackson Sets Retirement Contribution
The Jackson County Commission set a contribution rate of seven percent to the employee retirement fund. The Tennessee Consolidated Retirement System is a retirement plan available to state, county, and city governments. County Mayor Randy Heady said that county’s contribution rate remains the same from several previous years. But he adds as the county begins […]
