District Sets Payment Structure for Retiree Reemployment to TCRS
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Description
Cumberland County Board of Education continues its statutory financial relationship with the Tennessee Consolidated Retirement System (TCRS) when reemploying retired school personnel. The district pays either standard employer contributions or 5% of the retiree's pay rate, depending on the reemployment scenario.
Contract Details
Contract Amount
Greater of standard employer contribution or 5% of retiree's pay rate
Vendor
TENNESSEE CONSOLIDATED RETIREMENT SYSTEM TCRS
Agency
Cumberland County School District, TN
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2023
Contract Term
Up to 120 days per year for retiree reemployment; may vary based on state-mandated reemployment options
Renewal Info
Reemployment can be for up to 120 days, one year, or additional one-year periods depending on position and legal authority; continued annual/periodic payments to TCRS required under policy.
More from TENNESSEE CONSOLIDATED RETIREMENT SYSTEM TCRS
More from Cumberland County School District
Cumberland County Board of Education Agreement First Extension and Rate Amendment 2026-07-01
School District Superintendent Progress Report 2026-06-04
School District Superintendent Progress Report 2026-06-04
School District Superintendent Progress Report 2026-06-04
School District Superintendent Progress Report 2026-06-04
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