4-27-105 - Cash awards Maximum. - Tennessee Statutes

4-27-105. Cash awards Maximum.

(a)  (1)  The maximum cash award shall be limited to ten percent (10%) of the first year's estimated savings or ten thousand dollars ($10,000), whichever is less. The board may, however, increase the maximum amount of the award for suggestions that result in extraordinary amounts of savings.

     (2)  Any cash awards approved by the board shall be charged against the appropriation item or items to which estimated savings apply.

     (3)  Cash awards approved for suggestions that have a first year's estimated savings of less than two hundred fifty dollars ($250) shall be twenty-five dollars ($25.00).

(b)  (1)  The maximum cash award for suggestions resulting in the improvement of the effectiveness of state operations shall be the amount set in subdivision (a)(1).

     (2)  The board shall promulgate rules and regulations relative to criteria for making awards pursuant to this section.

     (3)  In promulgating rules and regulations, the board shall consider the following factors:

          (A)  Severity of the present problem;

          (B)  Effectiveness of the suggestion offered;

          (C)  Probability of occurrence of improvement in state operations; and

          (D)  Ingenuity of the suggestion.

[Acts 1977, ch. 212, § 4; T.C.A., § 4-2705; Acts 1981, ch. 363, § 1; 1985, ch. 292, § 2; 1987, ch. 325, § 3; 2004, ch. 421, §§ 1, 2.]