HB255 Alabama 2012 Session

Signed by Governor

Bill Summary

Sponsors

Session

Regular Session 2012

Title

Employees' Retirement System, benefits, earnable compensation for determination to include overtime pay with limitation, Sec. 36-27-1 am'd.

Description

Currently, contributions made for retirement for state policemen are based on earnable compensation as defined by law, which does not specifically include overtime payments.

This bill would amend current law to clarify that overtime payments made to state policemen are part of earnable compensation for purposes of calculating retirement benefits.

To amend Sections 36-21-4 and 36-27-1, Code of Alabama 1975, relating to retirement benefits for state policemen; to clarify that earnable compensation shall include amounts paid as overtime payments to those officers; to provide that the act is declaratory of existing law; to provide an effective date of September 1, 2011, and to allow contributions to be made not later than September 30, 2012, for any amounts not contributed after September 1, 2011.

Subjects

Retirement

Bill Actions

Action Date	Chamber	Action
May 2, 2012		Delivered to Governor at 6:35 p. m. on May 2, 2012.
May 2, 2012		Assigned Act No. 2012-302 on 05/09/2012.
May 2, 2012		Clerk of the House Certification
May 2, 2012		Signature Requested
May 2, 2012		Enrolled
May 2, 2012		Concurred in Second House Amendment
May 2, 2012		Love motion to Concur In and Adopt adopted Roll Call 1176
May 2, 2012		Concurrence Requested
May 2, 2012		Motion to Read a Third Time and Pass adopted Roll Call 895
May 2, 2012		Waggoner motion to Adopt adopted Roll Call 894
May 2, 2012		Finance and Taxation General Fund Amendment Offered
May 2, 2012		Waggoner motion to Adopt adopted Roll Call 893
May 2, 2012		Finance and Taxation General Fund Amendment Offered
May 2, 2012		Waggoner motion to Adopt adopted Roll Call 892
May 2, 2012		Finance and Taxation General Fund Amendment Offered
May 2, 2012		Third Reading Passed
April 26, 2012		Read for the second time and placed on the calendar 3 amendments
March 1, 2012		Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
February 28, 2012		Engrossed
February 28, 2012		Cosponsors Added
February 28, 2012		Motion to Read a Third Time and Pass adopted Roll Call 173
February 28, 2012		Motion to Adopt adopted Roll Call 172
February 28, 2012		Ways and Means General Fund first Substitute Offered
February 28, 2012		Third Reading Passed
February 16, 2012		Read for the second time and placed on the calendar with 1 substitute and
February 9, 2012		Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund