Join Rosenwald for a fun, fall day! more

NASHVILLE – The Tennessee Consolidated Retirement System wrapped up the 2024 fiscal year with a 10.06% investment return, well exceeding the plan’s 6.75% assumed rate of return. The annual earnings represent over $6.2 billion in new investment income added to the portfolio in a single year. The TCRS portfolio value stood at $69.4 billion, as of June 30, 2024. TCRS paid $3.28 billion in benefits in FY24 to 161,993 retirees across the state, 92% of whom remain in Tennessee. The retirement benefits paid by TCRS have an economic impact in all 95 counties. “Our plan’s success is a combination of sound financial management and the support of our Governor and General Assembly, which consistently ensures the plan is fully funded every year,” said State Treasurer David H. Lillard, Jr. “The Tennessee Department of Treasury strives to be good stewards of the state’s financial resources. This $6.2 billion in investment income is evidence of our commitment to both active and retired members of the TCRS pension plan.” For every $100 paid today in retirement benefits, $68 comes from investment earnings. Tennessee Treasury Investments Division, led by Chief Investment Officer Michael Brakebill, manages the majority of assets for TCRS internally, helping to save significantly on investment costs by using an in-house staff of investment professionals with extensive education, professional training, and certifications. This team includes members with substantial institutional investor experience in both the public and private sectors. The TCRS portfolio is structured to be a naturally conservative fund and is widely diversified to minimize risk. “The 2024 performance for TCRS was very satisfying in an oddly challenging marketplace,” Mr. Brakebill said. “Our broadly diversified investment portfolio was able to capture significant benefits from this extraordinary period while still maintaining substantial risk control.” Last year, Tennessee was ranked the No. 1 lowest total unfunded pension liabilities per capita in a 2023 report by the Center for State Fiscal Reform, part of the American Legislative Exchange Council. The report examined the burden of all 50 state pensions’ unfunded liabilities on every man, woman, and child in their respective state. Tennessee’s well-funded pension plan provides a monthly retirement benefit to retirees across the state without liability on its citizens. more

Find your Thursday T-G at area stores. Call 931-684-1200 for subscriptions. more

Check out Bell Buckle's upcoming Songwriters' Festival more

Conserving water locally can help neighboring counties suffering from drought conditions. more

Community High School was among an impressive 117 high schools across Tennessee which have been recognized this year as FAFSA Champions for the Class of 2024. more

Every little financial shot-in-the-arm is a boost for Shelbyville Bedford County Public Library. more

Corner Cleaners, North Main Street, is owned by Suzy and Keith Johnson. They appreciate the Tennessee Walking Horse industry as horse owners. more

Today's Volunteer Day at the Fly Arts Center was a big success. Check out this calendar of events coming up soon at the Fly. more

MURFREESBORO, Tenn. — Community High School senior Zayne Bluthardt said, "The Upward Bound program through Middle Tennessee State University’s Office of Student Success helped me gain great social confidence and respect for myself and others, teaching me the values of others in ways that I had never considered before.” A grant award of nearly $299,000 will be for the upcoming academic Year 3 for 60 program participants, said Bionca Washington, MTSU Upward Bound director. more

Heading back to school, or to school for the first time, is not as simple as loading a backpack. Follow Courtney Clardy's tips for securing a great start health-wise to a new school year. Courtney is a nurse practitioner at Vanderbilt Integrated Urgent Care. more

Saturday’s attempted assassination of Donald Trump prompted immediate and much warranted discussion about political violence. more

MEET KEITH WALLACE, MANAGER OF THE JON ENGLISH ANTIQUE SPORTS MEMORABLIA & CARD SHOP ON THE EAST SIDE OF THE PUBLIC SQUARE. more

Join our special tribute to weddings and all things beautiful in the June 6, 2024, edition of the T-G. more

Government offices are closed on Monday, May 27. more

Janie Demonbreum’s Cascade Lady Champions were honored at their postseason banquet last Thursday night by TSSAA for their excellence in the classroom this academic year. Their academic … more

Inspirational Column for the Week Ahead more

The Shelbyville Times-Gazette, along with four other Tennessee newspapers formerly owned by Apex Media LLC, was formally acquired on March 1 by Richardson Media Group (RMG), a growing publishing company that focuses on community newspapers. more