Tennessee Treasurer

Tennessee State Executives

Governor • Lieutenant Governor Secretary of State • Attorney General Comptroller • Treasurer Superintendent of Education Agriculture Commissioner Insurance Commissioner Natural Resources Commissioner Labor Commissioner Public Service Commission

The Treasurer of Tennessee is an executive position in the Tennessee state government, appointed by a joint of the general assembly.

Current officeholder

The current officeholder is David Lillard, Jr. He was first appointed to the position in January 2009.

Authority

The office of treasurer is established in the Article VII, Section 3 of the state constitution.

Article VII, Section 3:

There shall be a treasurer or treasurers and a comptroller of the treasury appointed for the state, by the joint vote of both Houses of the General Assembly who shall hold their offices for two years.

Appointments

Article VII, Section 3 of the state constitution stipulates that the treasurer shall be appointed by the joint vote of both houses of the general assembly and shall hold office for two years.

Vacancies

According to Article III, Section 14 of the state constitution, in the event of a vacancy in the office the Tennessee General Assembly shall elect a successor. If the vacancy occurs during a recess of the legislature, the governor shall have the power to fill the vacancy by appointment, which shall expire at the end of the next session of the legislature.

Duties

The primary duties of the treasurer are:

• receiving and disbursing public funds
• managing all State investments, including the pension fund
• administering three major employee benefit programs, including the Tennessee Consolidated Retirement System, the Deferred Compensation Program, and the Flexible Benefits Plan
• operating the Unclaimed Property, College Savings (Section 529 Plans), and Small and Minority-Owned Business programs
• overseeing the risk management program and handling and adjudicating all claims made against the State

Compensation

In 2010, the Tennessee Treasurer was paid an estimated $180,000 according to the Council of State Governments.

Contact information

Tennessee State Treasurer
Tennessee State Capitol, 1st Floor
600 Charlotte Avenue
Nashville, TN 37243-0255

Phone: (615) 741-2956

See also

• Treasurer
• David Lillard, Jr.

External links

Suggest a link

• Tennessee Department of Treasury

References

---

This state official-related article is a stub. You can help people learn by expanding it.