---
type: "Bill"
title: "Pensions and Retirement Benefits - As enacted, clarifies that when members of the Tennessee Consolidated Retirement System elect to establish retirement service through monthly installments, the members can do so over the length of service being established. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37."
description: "Pensions and Retirement Benefits - As enacted, clarifies that when members of the Tennessee Consolidated Retirement System elect to establish retirement service through monthly installments, the members can do so over the length of service being established. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "112"
identifier: "SB 405"
citation: "Tennessee SB 405 (112)"
classification: ["bill"]
subjects: ["Pensions and Retirement Benefits"]
status: "enacted"
primary_sponsors: ["Helton", "Walley"]
version_count: 1
action_count: 38
vote_count: 10
first_action: "2021-02-04"
last_action: "2021-05-04"
source: "openstates"
source_identifier: "ocd-bill/5967397a-b04f-43d4-b5ac-b29b7cbe7046"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB0405&GA=112"
source_hash: "a7a8bc719a6d639377b8f620b2d7690898be358a48c815a1ef89e235d6cc17e2"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tn"]
---

# Tennessee SB 405 (112) — Pensions and Retirement Benefits - As enacted, clarifies that when members of the Tennessee Consolidated Retirement System elect to establish retirement service through monthly installments, the members can do so over the length of service being established. - Amends TCA Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Current Version** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/112/Bill/SB0405.pdf)

## Votes

- SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 3/9/2021 Passed (2) — **8–0** (pass) · upper
- HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways, and Means Committee 3/31/2021 (5) — **0–0** (pass) · lower
- FLOOR VOTE: CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION 4/12/2021 Passed (2) — **91–2** (pass) · lower
- HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 4/6/2021 (4) — **0–0** (pass) · lower
- FLOOR VOTE: Motion to Adopt 3/15/2021 Passed (1) — **30–0** (pass) · upper
- HOUSE PUBLIC SERVICE SUBCOMMITTEE: Rec. for pass by s/c ref. to State Government Committee 3/10/2021 — **0–0** (pass) · lower
- HOUSE STATE GOVERNMENT COMMITTEE: Rec. for pass; ref to Government Operations Committee 3/16/2021 — **0–0** (pass) · lower
- HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Consent Calendar for 4/12/2021 4/8/2021 (3) — **0–0** (fail) · lower
- FLOOR VOTE: PASSAGE ON THIRD CONSIDERATION 4/12/2021 Passed (1) — **91–2** (pass) · lower
- HOUSE GOVERNMENT OPERATIONS COMMITTEE: Rec. for pass; ref to Finance, Ways, and Means Committee 3/22/2021 (6) — **0–0** (pass) · lower

## Sponsors

- Helton — primary (person)
- Walley — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-02-04** Filed for introduction `introduction, reading-1`
- **2021-02-04** Filed for introduction `introduction, reading-1`
- **2021-02-08** Introduced, Passed on First Consideration `introduction`
- **2021-02-08** Intro., P1C. `introduction`
- **2021-02-10** Passed on Second Consideration, refer to Senate State and Local Government Committee
- **2021-02-10** Assigned to s/c Public Service Subcommittee `referral-committee`
- **2021-02-10** P2C, ref. to State Government Committee-- Government Operations for Review `referral-committee`
- **2021-03-02** Placed on Senate State and Local Government Committee calendar for 3/9/2021
- **2021-03-03** Placed on s/c cal Public Service Subcommittee for 3/10/2021
- **2021-03-09** Recommended for passage, refer to Senate Calendar Committee
- **2021-03-10** Placed on cal. State Government Committee for 3/16/2021
- **2021-03-10** Rec. for pass by s/c ref. to State Government Committee `committee-passage-favorable`
- **2021-03-11** Placed on Senate Consent Calendar 2 for 3/15/2021
- **2021-03-15** Engrossed; ready for transmission to House
- **2021-03-15** Passed Senate, Ayes 30, Nays 0 `passage`
- **2021-03-16** Rec. for pass; ref to Government Operations Committee `committee-passage-favorable`
- **2021-03-18** Rcvd. from S., held on H. desk.
- **2021-03-18** Placed on cal. Government Operations Committee for 3/22/2021
- **2021-03-22** Assigned to s/c Finance, Ways, and Means Subcommittee `referral-committee`
- **2021-03-22** Rec. for pass; ref to Finance, Ways, and Means Committee `committee-passage-favorable`
- **2021-03-24** Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/31/2021
- **2021-03-31** Placed on cal. Finance, Ways, and Means Committee for 4/6/2021
- **2021-03-31** Rec. for pass by s/c ref. to Finance, Ways, and Means Committee `committee-passage-favorable`
- **2021-04-06** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
- **2021-04-07** Placed on cal. Calendar & Rules Committee for 4/8/2021
- **2021-04-08** H. Placed on Consent Calendar for 4/12/2021
- **2021-04-12** Passed H., Ayes 91, Nays 2, PNV 0 `passage`
- **2021-04-12** Subst. for comp. HB.
- **2021-04-12** Comp. SB subst.
- **2021-04-12** Sponsor(s) Added.
- **2021-04-14** Enrolled and ready for signatures
- **2021-04-20** Signed by Senate Speaker
- **2021-04-21** Signed by H. Speaker
- **2021-04-22** Transmitted to Governor for action.
- **2021-04-28** Signed by Governor. `executive-signature`
- **2021-05-04** Effective date(s) 4/28/2021
- **2021-05-04** Pub. Ch. 251
- **2021-05-04** Comp. became Pub. Ch. 251

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5967397a-b04f-43d4-b5ac-b29b7cbe7046`. Confidence: reported (aggregated from official Tennessee legislature records).