City of Loudon City Council Regular Meeting Agenda April 2026
City Implements New TCRS Contribution Rates
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Description
The City of Loudon acknowledges new Tennessee Consolidated Retirement System contribution rates effective July 1, 2026, raising employer contributions to 7.81% for general employees and 11.31% for public safety officers. The City Manager is authorized to execute implementation documents with TCRS.
Contract Details
Vendor
TENNESSEE CONSOLIDATED RETIREMENT SYSTEM
Agency
City of Loudon, TN
Contract Type
FINANCIAL_SERVICES
Document Date
April 27, 2026
Contract Term
Contribution rate effective July 1, 2026 for FY 2026-2027 and beyond until changed
Renewal Date
2027-07-01
Renewal Info
Ongoing participation in TCRS with periodically adjusted contribution rates effective each July 1.
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