HB289 Alabama 2010 Session
Updated Jul 26, 2021
HB289 Alabama 2010 Session
House Bill
Expired
Current Status
Regular Session 2010
Session
3
Sponsors
Summary
- Primary Sponsor
-
John F. Knight JrDemocrat - Co-Sponsors
- Barbara Bigsby BoydDemetrius C. Newton
- Session
- Regular Session 2010
- Title
- Employees' Retirement System, pension accumulation fund, accrued liability contribution rate authorized to be computed by Board of Control over 30-year period, Sec. 36-27-24 am'd.
- Description
Currently the accrued liability contribution rate for the Employees' Retirement System is computed by the actuary over a period of not less than 10 nor more than 20 years. This bill would increase the funding period to no more than 30 years.
- Subjects
- Employees' Retirement System
Bill Actions
Read for the first time and referred to the House of Representatives committee on Government Appropriations
Bill Text
Documents
Source: Alabama Legislature