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Sweetwater staff outline $250,000 upfront cost for hazardous-duty pension supplement for police and fire
Summary
City staff described a state TCRS hazardous-duty supplement that would boost retirement payouts for qualifying public safety employees; staff estimated an upfront cost of about $250,000 and an annual payroll increase roughly $9,000–$10,000, and scheduled a TCRS representative to present details at the March workshop.
City staff briefed commissioners on a newly available Tennessee Consolidated Retirement System hazardous-duty supplement that would provide enhanced retirement benefits for police and fire personnel.
Jessica (city staff) said the supplement (option 3) recently became available and would deliver an enhanced monthly payout for qualifying public…
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