Retirement ... A New Beginning - Tennessee Department of Treasury

• At least 20 or more years of creditable service with the state and at least one continuous year
of insurance coverage in the plan immediately prior to final termination of employment. The
period of time between your final employment termination date and the date retirement
pension benefits commence (effective date of retirement with TCRS) may be up to five years.
Note: The five-year requirement for commencement of retirement benefits will be waived for
employees leaving the State Plan and becoming insured by a State, Local Education or
Local Government agency that participates in the State Group Insurance Program.
If you are retiring through TCRS, you must be receiving a monthly retirement benefit to continue
enrollment in coverage as a retiree. TCRS participants who choose a lump-sum retirement benefit
are not eligible to continue insurance at retirement.
Detailed information on the eligibility criteria to continue insurance as a retiree can be found in
the State Plan Document. This document is available in the publications section of the Benefits
Administration website at www.tn.gov/finance/ins.
Local Government Employee Requirements
Contact your personnel or insurance representative for more information regarding your
requirements and costs.
Note: Retirees covered through the state group insurance program will have their premiums
deducted from their retirement check.
Insurance premiums are subject to change. Please contact the Benefits Administration
office for the premium amounts at the time of your retirement.
TCRS does not provide life insurance coverage after retirement. If a member currently has
life insurance and wishes to continue it after retirement, the member will need to contact
his or her provider for more information.
Insurance pamphlets are available from your departmental insurance representative.
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