SB399 Alabama 2012 Session
Bill Summary
Under existing law, the Teachers' Retirement System (TRS) and the Employees' Retirement System (ERS) are reopened, from time to time, to allow members to purchase credit in the system for prior service.
This bill would reopen the TRS and ERS to allow certain members to purchase prior service credit in the system for prior employment service as an employee with the United States Department of Agriculture Farm Service Agency.
To reopen the Teachers' Retirement System and the Employees' Retirement System for purchase of certain prior service credit in the system by an active and contributing member who was employed as an employee with the United States Department of Agriculture Farm Service Agency.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 15, 2012 | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB399 Alabama 2012 Session - Introduced |
Source: Alabama Legislature