8-35-406 - Retirement allowances.
8-35-406. Retirement allowances.
(a) When any eligible employee in an optional retirement program retires with retirement credit in the retirement system, the employee's retirement allowance from the retirement system shall be computed and paid in accordance with the provisions of chapters 34-37 of this title.
(b) Employees who elect to participate under an optional retirement system shall be limited to the benefits of such optional retirement system, upon and after retirement.
[Acts 1972, ch. 814, § 12; 1977, ch. 477, § 2; T.C.A., §§ 8-3936(e), 8-3936(i); Acts 1993, ch. 345, § 4.]