Tenn. Code Ann. § 8-37-503: Exceptions to monthly reporting and payment authorized

(a) The board of trustees for good cause may extend not to exceed thirty (30) days the time for transmitting the information and remitting of contributions required under chapters 34-37 of this title.

(b) The board of trustees is specifically authorized to establish by regulation periodic filing and payment dates other than monthly in those instances where the board of trustees deems it to be in the best interest of the state to do so.