Tennessee Code 49-1519 – Accounts established
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Terms Used In Tennessee Code 49-1519
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Retirement: means withdrawal from membership with a retirement allowance granted under chapters 34-37 of this title. See Tennessee Code 8-34-101
All of the assets of the retirement system shall be credited according to the purposes for which they are held to one (1) of two (2) accounts, namely, the members’ contributions account and the accumulation account.