As used in this part, unless the context otherwise requires:

(1) “Authorized local education employees” means local education employees who have been authorized by the trustees to participate in the trust based upon the trustees’ decision to establish a trust for local education employees and the employing local education agencies’ contribution of the share of other post-employment benefits liabilities to the trust, as determined by the trustees;
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Terms Used In Tennessee Code 8-27-801

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • post-employment benefits: means non-pension benefits paid on behalf of former state employees, former state employees' beneficiaries, authorized local education agency employees or the authorized local education agency employees' beneficiaries after separation from service. See Tennessee Code 8-27-801
  • Service: means service as a general employee, a teacher, a state police officer, a wildlife officer, a firefighter, a police officer, a state judge, a county judge, an attorney general, a commissioner or a county official which is paid for by an employer, and also includes service for which a former member of the general assembly is entitled to under former §. See Tennessee Code 8-34-101
  • State: means the state of Tennessee. See Tennessee Code 8-34-101
  • Trustees: means the four (4) trustees designated in §. See Tennessee Code 8-27-801
(2) “Other post-employment benefits” or “post-employment benefits” means non-pension benefits paid on behalf of former state employees, former state employees’ beneficiaries, authorized local education agency employees or the authorized local education agency employees’ beneficiaries after separation from service. The benefits may include, but shall not be limited to, medical, prescription drugs, dental, vision, hearing, Medicare part B or part D premiums, life insurance, long-term care, and long-term disability;
(3) “Trustees” means the four (4) trustees designated in § 8-27-205(f).
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