Tennessee Code Title 8. Public Officers and Employees § 8-27-804

(a) The initial funding of any trust created under this part for state employees and their beneficiaries shall be from appropriations made in the general appropriations act for such purpose. Initial funding for a trust created for authorized local education agency employees and their beneficiaries may come from appropriations made in the general appropriations act for such purpose or other sources as authorized by the trustees.

(b) Unexpended funds remaining in any trust or trusts created under this part in any fiscal year shall not revert to the general fund;

(c) The funds transferred to any trust created under this part may be commingled with, co-invested with, and invested or reinvested with other assets transferred to the trust or trusts. All or a portion of the trust or trusts may be invested, reinvested and co-invested with other funds, not a part of the trust or trusts, held by the state treasurer, including, but not limited to, assets of the Tennessee consolidated retirement system and the state pooled investment fund established pursuant to title 9, chapter 4, part 6. The state treasurer shall account for such trust funds in one (1) or more separate accounts in accordance with this section and other law.