HB508 Alabama 2012 Session

Updated Jul 25, 2021

HB508 Alabama 2012 Session

House Bill

Expired

Current Status

Regular Session 2012

Session

2

Sponsors

Summary

Primary Sponsor: Mac McCutcheon
Republican
Co-Sponsor: Jamie Ison
Session: Regular Session 2012
Title: Retirement, Teachers (TRS) and State Employees (ERS), new defined benefit plan for persons entering TRS and ERS on or after January 1, 2013; contributions, minimum retirement ages, and benefits provided, Secs. 16-25-1, 16-25-3, 16-25-11.1, 16-25-14, 16-25-21, 36-26-36.1, 36-27-1, 36-27-4, 36-27-16, 36-27-24, 36-27-59 am'd
Description: Under existing law, retirement benefits are provided to public employees through the Teachers' Retirement System and the Employees' Retirement System.
This bill will establish a new defined benefit retirement plan for any public employee who is first hired on or after January 1, 2013, by an employer who participates in the Teachers' Retirement System or the Employees' Retirement System.
Subjects: Retirement

Bill Actions

Indefinitely Postponed

State Government second Amendment Offered

State Government first Amendment Offered

Read for the second time and placed on the calendar 2 amendments

Read for the first time and referred to the House of Representatives committee on State Government

Bill Text

Download Introduced PDF

Documents

Bill Text (Introduced) HB508 Alabama 2012 Session - Introduced

Source: Alabama Legislature