Transfer of accumulated contributions to the state accumulation fund for payment of allowances

Tenn. Code Ann. § 8-37-215, under Members' Fund.

Tenn. Code Ann. § 8-37-215

Upon the retirement of a member, or if a retirement allowance becomes payable on account of the member's death prior to retirement, the member's accumulated contributions shall be transferred from the members' fund to the state accumulation fund.