Tennessee § 49-5-904 - Maximum annuity — Contribution rates.
Full text of Tennessee Tennessee Code Annotated § 49-5-904 — Maximum annuity — Contribution rates., with citation guidance and answers to common questions.
§ 49-5-904. Maximum annuity — Contribution rates.
No pension or annuity shall be provided exceeding three-fourths (¾) of the salary paid the teacher at the time of retirement, and in no event shall it exceed the sum of six hundred dollars ($600) per annum. The maximum assessment on any teacher coming under the operation of this part shall not exceed two and one-half percent (2.5%) per annum of the salary agreed to be paid the teacher, and a minimum of one percent (1%) per annum. Acts 1917, ch. 76, § 3; Shan., § 1469b3 (p. 6544); Shan. Supp., § 1469a3; Code 1932, § 2527; T.C.A. (orig. ed.), § 49-1604.
Frequently Asked Questions About Tennessee § 49-5-904
What does Tennessee Code Annotated § 49-5-904 cover?
Section 49-5-904 ("Maximum annuity — Contribution rates.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 49-5-904?
A common citation format is "Tennessee Code Annotated § 49-5-904" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 49-5-904 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.