SB304 Alabama 2010 Session
Updated Jul 26, 2021
SB304 Alabama 2010 Session
Senate Bill
In Committee
Current Status
Regular Session 2010
Session
1
Sponsor
Summary
- Primary Sponsor
-
Roger Bedford, Jr.Democrat - 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
Indefinitely Postponed
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Bill Text
Documents
Source: Alabama Legislature