Tennessee Consolidated Retirement System. Subject to statutory exceptions contained in Tenn. Code Xxx. §§ 8-36-801, et seq., the law governing the Tennessee Consolidated Retirement System (“TCRS”), provides that if a retired member of TCRS, or of any superseded system administered by TCRS, or of any local retirement fund established under Tenn. Code Xxx. §§ 8- 35-101, et seq., accepts State employment, the member's retirement allowance is suspended during the period of the employment. Accordingly and notwithstanding any provision of this Contract to the contrary, the Contractor agrees that if it is later determined that the true nature of the working relationship between the Contractor and the State under this Contract is that of “employee/employer” and not that of an independent contractor, the Contractor, if a retired member of TCRS, may be required to repay to TCRS the amount of retirement benefits the Contractor received from TCRS during the Term.
Tennessee Consolidated Retirement System. Subject to statutory exceptions contained in Tenn. Code Xxx. §§ 8-36-801, et seq., the law governing the Tennessee Consolidated Retirement 6\VWHP ³7&56´ SURYLGHV WKDW LI D UHWLUHG PHPEHU administered by TCRS, or of any local retirement fund established under Tenn. Code Xxx. §§ 8- 35-101, et seq., accepts State employment, the member's retirement allowance is suspended during the period of the employment. Accordingly and notwithstanding any provision of this Contract to the contrary, the Contractor agrees that if it is later determined that the true nature of the working relationship between the Contractor and the State under this Contract is that of ³HPSOR\HH HPSOR\HU´ DQG QRW WKDCoWn traRctIor, ifDa Qre tireLdQGHSHQGHQW member of TCRS, may be required to repay to TCRS the amount of retirement benefits the Contractor received from TCRS during the Term.
Tennessee Consolidated Retirement System. 225 of 329
