Tennessee § 8-34-505 - Rate of interest.
Full text of Tennessee Tennessee Code Annotated § 8-34-505 — Rate of interest., with citation guidance and answers to common questions.
§ 8-34-505. Rate of interest.
The board of trustees shall also determine from time to time the rate or rates of regular interest for use in all calculations, except as otherwise provided, which rate shall be subject to the approval of the council on pensions and insurance. Acts 1972, ch. 814, § 6; 1978, ch. 741, § 5; T.C.A., § 8-3928; Acts 1982, ch. 771, § 2. Cross-References. Interest rate on back payment or redeposit of contributions, § 8-37-214 . Interest rate on back payments for employees of political subdivisions, § 8-35-204 . Interest rate on delinquent contributions while on educational leave of absence, § 8-34-606 .
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 8-34-505
What does Tennessee Code Annotated § 8-34-505 cover?
Section 8-34-505 ("Rate of interest.") 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 § 8-34-505?
A common citation format is "Tennessee Code Annotated § 8-34-505" (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 § 8-34-505 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.