HB180 Alabama 2012 Session
Updated Jul 25, 2021
HB180 Alabama 2012 Session
House Bill
In Committee
Current Status
Regular Session 2012
Session
1
Sponsor
Summary
- Primary Sponsor
-
Craig FordIndependent - Session
- Regular Session 2012
- Title
- Retirement, DROP reestablished, exceptions, Secs. 16-25-150, 36-27-170 am'd; Act 2011-27, 2011 Reg. Sess. am'd
- Description
Currently, members of the Teachers' Retirement System and the Employees' Retirement System may not be new participants in the DROP Program after April 1, 2011, which also imposes limits on interest that could be paid on DROP accounts.
This bill would reestablish DROP and would remove limits on interest that could be paid on DROP accounts.
- Subjects
- Retirement
Bill Actions
Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund
Bill Text
Documents
Source: Alabama Legislature