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Treasurer Lillard Proposes New Pension Options for Local Governments
(January 23, 2012)
To give local governments more choices for their employees’ retirement plans, Tennessee State Treasurer David H. Lillard Jr. today proposed several new options to state legislators for their consideration. more...
Treasurer Lillard Praises Investment Performance Chairs of Excellence Trust Fund
(November 22, 2011)
At a time when state dollars are declining as a percentage of overall funding for higher education, the Chairs of Excellence Trust earned over $56 million during the last two years to fund endowed chairs of excellence at Tennessee colleges and universities. more...
Response from Treasurer Lillard Concerning the Impact of the Recent US Credit
Downgrade on the Collateral Program
(August 9, 2011)
Tennessee Code Annotated 9-4-103 lists the acceptable collateral to secure all public deposits in Tennessee. The recent action taken by Standard and Poor’s to downgrade the credit rating of the United States and certain government agencies from AAA to AA+ does not have any impact on the securities that are acceptable collateral. more...
Visit the Treasury newsroom for archived news releases and videos
Welcome to the State of Tennessee's Treasury Department home page. The Treasury Department is one of three legislative agencies within State government. Its major functions include:
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Receiving and disbursing public funds.
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Managing all State investments, including the pension fund.
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Administering three major employee benefit programs, including the Tennessee Consolidated Retirement System, the Deferred Compensation Program, and the Flexible Benefits Plan.
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Operating the Unclaimed Property, College Savings (Section 529 Plans), and Small and Minority-Owned Business programs.
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Overseeing the risk management program and handling and adjudicating all claims made against the State.
OUR VISION
To be faithful stewards of the state's financial and human resources. To be passionate about achieving our mission and living by our core values.
OUR MISSION
We will be a leader by providing exceptional service to our customers honestly, efficiently, and effectively.