Legislation Details

File #: 26-0192    Version: Name: Approval of FY26/27 TCRS rate
Type: Resolution Status: Consent Agenda
File created: 4/27/2026 In control: City Council
On agenda: 5/12/2026 Final action: 5/12/2026
Title: Approval of FY26/27 TCRS rate
Sponsors: Human Resources
Attachments: 1. 83670-2027-Employer Rate Certification Form-CROSSVILLE CITY OF

Title

Approval of FY26/27 TCRS rate

 

Body

SUMMARY:

The Tennessee Consolidated Retirement System rate is computed every year and this is the rate the City must pay to TCRS for Legacy Plan members.  Individuals hired prior to July 1, 2013 are in the Legacy Plan. The minimum rate for the upcoming fiscal year is 17.72%.

 

BUDGET ACCOUNT:

 

Recommended Action

NECESSARY COUNCIL ACTION: Approve FY26/27 TCRS Legacy Plan rate