SB227 Alabama 2010 Session

Summary

Primary Sponsor

J.T. WaggonerSenator

Republican

Session

Regular Session 2010

Title

Teachers' Retirement System, purchase of credit for prior service for employment by UAB Highlands

Summary

SB227 would temporarily reopen the Teachers' Retirement System to let active TRS members buy up to five years of prior UAB Highlands service, if they pay the actuarial cost within one year.

What This Bill Does

It opens a one-year window for active, vested, contributing TRS members to purchase up to five years of credit for prior service at UAB Highlands. Members must pay the full actuarially determined cost for each year of claimed service within one year of the act's effective date. The added credit cannot duplicate service already credited in TRS or any other public retirement plan (except Social Security). The purchased service does not affect retirees’ health insurance premium amounts or eligibility for health plans earlier than would have been possible without the purchase, and the act becomes effective October 1, 2010.

Who It Affects

• Active, vested, contributing TRS members who previously worked at UAB Highlands and who choose to purchase up to five years of prior service by paying the actuarial cost within one year.
• TRS retirees or participants in state health plans, whose retiree health premium calculations and eligibility timelines are not changed by this purchase.

Key Provisions

• Provision 1: Opens a one-year window for active TRS members to claim and purchase up to five years of prior service from UAB Highlands, with certification conforming to TRS rules and no double counting of service already credited in TRS or other public retirement plans (except Social Security); payment must be the actuarially determined cost for each year.
• Provision 2: States that purchased service will not be used to adjust retiree health premium calculations or accelerate eligibility for the Public Education Employees' Health Insurance Plan or State Employees' Health Insurance Plan; the act takes effect October 1, 2010.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Retirement