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SB529 Alabama 2012 Session

Updated Feb 27, 2026
Notable

Summary

Session
Regular Session 2012
Title
Retirement, Teachers' Retirement System and Employees' Retirement System, credit for prior military service, provision disallowing credit if the person is receiving military retirement deleted, Secs. 16-25-3, 36-27-4, 36-27-49.3 am'd
Summary

SB529 would let members in Alabama's retirement systems receive credit for prior military service even if they are already receiving military retirement benefits.

What This Bill Does

The bill amends TRS, ERS, and the Judicial Retirement Fund to remove the prohibition on credit for military service for those receiving military retirement benefits. It still allows up to four years of credit for active full-time military service, provided the service was honorable and the member pays the required cost. The credit would apply to current and future members, with specific payment rules and timing laid out in the respective sections, and the measure becomes law after the governor signs it.

Who It Affects
  • Members of the Teachers' Retirement System (TRS) and Employees' Retirement System (ERS) who have performed active full-time military service and may seek up to four years of credit toward retirement (including those currently receiving military retirement benefits).
  • Appellate judges and other participants in the Judicial Retirement Fund who have performed active full-time military service and may seek up to four years of credit toward retirement.
Key Provisions
  • Deletes the provision that disallows military service credit for members who are receiving military retirement benefits in Sections 16-25-3, 36-27-4, and 36-27-49.3.
  • Allows up to four years of membership service credit for active full-time military service, with the condition of an honorable discharge and compliance with payment requirements.
  • Requires the member to pay the full actuarially determined cost for each year of military service credited (typical formula involves four percent of average compensation per year plus eight percent interest).
  • Applies to the Teachers' Retirement System, Employees' Retirement System, and the Judicial Retirement Fund; includes applicable provisions for timing and method of payment as specified in each section.
  • Effective date: the first day of the third month after the bill is passed and approved by the Governor.
AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects
Retirement

Bill Actions

Read for the first time and referred to the Senate committee on Finance and Taxation General Fund

Bill Text

Documents

Source: Alabama Legislature