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Earnings from Tennessee s mental health trust fund for kids slow to roll out

Two years after Tennessee passed a law to make a one-time, $250 million investment in mental health services for school-age children, plans on how to spend earnings from the trust fund are still being made. Any mental health expenditures won t take place until the 2024-25 fiscal year.

Tennessee treasury department looking for third-party administrator for 401(k), 457 plans

Tennessee Department of the Treasury, Nashville, is searching for a third-party administrator for the state's $5.6 billion 401(k) plan and $791 million 457 plan. The department has issued an RFP due to the upcoming expiration of the contract of current administrator Empower Retirement, said…

Tennessee Consolidated commits $150 million to credit fund focused on renewable energy

Tennessee Consolidated Retirement System, Nashville, committed $150 million to Blackstone Green Private Credit Fund III. The $68.4 billion pension fund's investment committee approved the commitment to the private credit fund focused on renewable energy companies at its Aug. 25 meeting, said…

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