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Wilson County committee defers hardship policy discussion and continues search for actuary on TCRS hazardous-duty study
Summary
The committee deferred a planned hardship-policy discussion and reported staff efforts to find an actuary to study a Tennessee Consolidated Retirement System (TCRS) hazardous-duty benefit; staff said they had difficulty locating a firm that does this study and will contact finance directors in neighboring counties for guidance.
Wilson County MA Committee members deferred further discussion of a proposed hardship policy and reported ongoing staff efforts to secure an actuary to study TCRS hazardous-duty benefits.
The committee noted that Brian would not be present for a fuller discussion and that the item was expected to require a lengthier conversation. A staff member said they had reached out to potential actuaries but had so far been unable to find a firm that performs the specific study; the staff member said the actuary used previously for OPAD work does not handle this type of study and an insurance company contacted likewise declined.
Why it matters: A TCRS hazardous-duty study would analyze pension and benefit implications for designated hazardous-duty positions and could affect county benefit costs if changes are recommended. Committee members said they will continue outreach to other county finance directors as a next step before bringing the item back for discussion.
Discussion details: The staff member said they plan to contact the Rutherford County finance director and the Montgomery County finance director to learn whether those counties are conducting similar work and to identify potential actuaries. The item remains on the committee agenda for further consideration; no formal action or funding commitment for the study was recorded in the meeting transcript.
Next steps: Staff committed to follow up with the committee after contacting neighboring counties and potential consultants. The committee did not set a specific date for returning the hardship-policy item to the agenda during the recorded discussion.
