Relativistic Relationships
Observers in different locations, that are in relative motion or at different altitudes, can disagree about the rates of each other's clocks, owing to effects described by the theory of relativity. As a result, TT (even as a theoretical ideal) does not match the proper time of all observers.
In relativistic terms, TT is described as the proper time of a clock located on the geoid (essentially mean sea level). However, TT is now actually defined as a coordinate time scale. The redefinition did not quantitatively change TT, but rather made the existing definition more precise. In effect it defined the geoid (mean sea level) in terms of a particular level of gravitational time dilation relative to a notional observer located at infinitely high altitude.
The present definition of TT is a linear scaling of Geocentric Coordinate Time (TCG), which is the proper time of a notional observer who is infinitely far away (so not affected by gravitational time dilation) and at rest relative to the Earth. TCG is used so far mainly for theoretical purposes in astronomy. From the point of view of an observer on the Earth's surface the second of TCG passes in slightly less than the observer's SI second. The comparison of the observer's clock against TT depends on the observer's altitude: they will match on the geoid, and clocks at higher altitude tick slightly faster.
Read more about this topic: Terrestrial Time