SB500 Alabama 2012 Session

Updated Feb 27, 2026

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Summary

Primary Sponsor: Dick Brewbaker
Republican
Session: Regular Session 2012
Title: Montgomery, retirement system, mayor authorized to increase employee contribution to eight percent upon approval of the retirement board, Act 2009-473, 2009 Reg. Sess., am'd
Summary: SB500 lets the Montgomery mayor raise employee retirement contributions for city workers to as much as 8%, with retirement board approval.
What This Bill Does
It amends Act 2009-473 Section 7 to allow the mayor to increase the member contribution rate by up to 1% per year, up to a maximum of 8%, and only with approval from the retirement board. The default deduction remains six percent of earnable compensation, and any increases must be approved by the board.

Who It Affects
City of Montgomery employees who are members of the Employees' Retirement System may see higher payroll deductions (up to 8%) if the mayor increases the rate and the board approves.
The City of Montgomery and the Montgomery Employees' Retirement System board, who must approve any increase and oversee the process governed by the amended Section 7.

Key Provisions
Amends Section 7 of Act 2009-473 to authorize the mayor to increase the member contribution amount by up to one percent annually, not to exceed eight percent, with approval of the board.
The baseline deduction remains six percent of earnable compensation per payroll, subject to increases only with board approval.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects: Montgomery County