Pensions and Retirement Benefits - As introduced, increases the employer contribution under the hybrid retirement plan from 5 percent to 10 percent for current members of the general assembly who have 10 years of creditable service on or after July 1, 2026. - Amends TCA Section 8-36-916.

HB 2117 increases the employer contribution rate for retirement benefits under Tennessee's hybrid retirement plan from 5% to 10% for current state legislators (members of the General Assembly) who have at least 10 years of creditable service as a legislator by July 1, 2026. This change applies only to legislators serving on or after November 3, 2026, and specifically targets those meeting the service requirement. The bill amends Tennessee Code Annotated, Section 8-36-916, to adjust the contribution rate for this group. It does not affect other state employees or legislators without the required service.