{"data":{"id":"us-tn/tenn.-code-ann.-8-36-304","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 8-36-304","heading":"Computation of allowance","body":"The early service retirement allowance calculated under this part shall be computed as a service retirement allowance in accordance with part 2 of this chapter on the basis of the member's average final compensation and creditable service at the time of early service as follows: (1) (A) For a Group 1 member retiring under § 8-36-301(a)(1) , reduced by four-tenths of one percent (0.4%) for each month by which the member's date of early retirement precedes such member's service retirement date. If the member's creditable service is less than ten (10) years, the reduced benefit shall be further limited in accordance with the following: Creditable Service Percent Reduced Benefit Due at least 4 years.................... 10% at least 5 years.................... 25% at least 6 years.................... 40% at least 7 years.................... 55% at least 8 years.................... 70% at least 9 years.................... 85% at least 10 years.................... 100% (B) For a Group 1 member retiring under § 8-36-301(a)(2) , the actuarial equivalent of the benefit as reduced under subdivision (1)(A) which would be payable at fifty-five (55) years of age; (2) (A) For a Group 2 member retiring under § 8-36-301(b)(1) , reduced by four-tenths of one percent (0.4%) for each month by which the member's date of early retirement precedes such member's service retirement date; (B) For a Group 2 member retiring § 8-36-301(b)(2) , reduced by four-tenths of one percent (0.4%) for each month by which the member's date of early retirement precedes such member's attainment of fifty-five (55) years of age; and (3) For a Group 3 member retiring under § 8-36-301(c) , reduced by four-tenths of one percent (0.4%) for each month by which the member's date of early retirement precedes such member's completion of twenty-four (24) years of creditable service. Acts 1972, ch. 814, § 5; T.C.A., § 8-3909(a); Acts 1984, ch. 601, § 4; 1986, ch. 554, § 16; 1997 , ch. 67, § 3.\nThe early service retirement allowance calculated under this part shall be computed as a service retirement allowance in accordance with part 2 of this chapter on the basis of the member's average final compensation and creditable service at the time of early service as follows:\n(1) (A) For a Group 1 member retiring under § 8-36-301(a)(1) , reduced by four-tenths of one percent (0.4%) for each month by which the member's date of early retirement precedes such member's service retirement date. If the member's creditable service is less than ten (10) years, the reduced benefit shall be further limited in accordance with the following: Creditable Service Percent Reduced Benefit Due at least 4 years.................... 10% at least 5 years.................... 25% at least 6 years.................... 40% at least 7 years.................... 55% at least 8 years.................... 70% at least 9 years.................... 85% at least 10 years.................... 100% (B) For a Group 1 member retiring under § 8-36-301(a)(2) , the actuarial equivalent of the benefit as reduced under subdivision (1)(A) which would be payable at fifty-five (55) years of age;\n(A) For a Group 1 member retiring under § 8-36-301(a)(1) , reduced by four-tenths of one percent (0.4%) for each month by which the member's date of early retirement precedes such member's service retirement date. If the member's creditable service is less than ten (10) years, the reduced benefit shall be further limited in accordance with the following: Creditable Service Percent Reduced Benefit Due at least 4 years.................... 10% at least 5 years.................... 25% at least 6 years.................... 40% at least 7 years.................... 55% at least 8 years.................... 70% at least 9 years.................... 85% at least 10 years.................... 100%\nCreditable Service Percent Reduced Benefit Due at least 4 years.................... 10% at least 5 years...................\nears.................... 10% at least 5 years.................... 25% at least 6 years.................... 40% at least 7 years.................... 55% at least 8 years.................... 70% at least 9 years.................... 85% at least 10 years.................... 100%\nCreditable Service Percent Reduced Benefit Due at least 4 years.................... 10% at least 5 years.................... 25% at least 6 years.................... 40% at least 7 years.................... 55% at least 8 years.................... 70% at least 9 years.................... 85% at least 10 years.................... 100%\nCreditable Service\nPercent Reduced Benefit Due\nat least 4 years....................\n10%\nat least 5 years....................\n25%\nat least 6 years....................\n40%\nat least 7 years....................\n55%\nat least 8 years....................\n70%\nat least 9 years....................\n85%\nat least 10 years....................\n100%\n(B) For a Group 1 member retiring under § 8-36-301(a)(2) , the actuarial equivalent of the benefit as reduced under subdivision (1)(A) which would be payable at fifty-five (55) years of age;\n(2) (A) For a Group 2 member retiring under § 8-36-301(b)(1) , reduced by four-tenths of one percent (0.4%) for each month by which the member's date of early retirement precedes such member's service retirement date; (B) For a Group 2 member retiring § 8-36-301(b)(2) , reduced by four-tenths of one percent (0.4%) for each month by which the member's date of early retirement precedes such member's attainment of fifty-five (55) years of age; and\n(A) For a Group 2 member retiring under § 8-36-301(b)(1) , reduced by four-tenths of one percent (0.4%) for each month by which the member's date of early retirement precedes such member's service retirement date;\n(B) For a Group 2 member retiring § 8-36-301(b)(2) , reduced by four-tenths of one percent (0.4%) for each month by which the member's date of early retirement precedes such member's attainment of fifty-five (55) years of age; and\n(3) For a Group 3 member retiring under § 8-36-301(c) , reduced by four-tenths of one percent (0.4%) for each month by which the member's date of early retirement precedes such member's completion of twenty-four (24) years of creditable service.","path":["TN Code","Title 8","Chapter 36"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"c7c31df95e1347f22a4d0f17e7757093b3dcd4d7a471dba48f1045da98af5717","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-8-36-303","next":"us-tn/tenn.-code-ann.-8-36-305"},"notice":"GroundRules: Original legal text. Not legal advice."}