HB387 Alabama 2014 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2014
Title
Employees' Retirement System, one-time lump-sum additional payment to retirement allowance of certain retirees and beneficiaries
Description
<p class="bill_description"> Under existing law, there is no provision
for retirees and beneficiaries receiving monthly
benefits from the Employees' Retirement System
(ERS) to receive a funded one-time lump-sum
addition to their retirement allowances</p><p class="bill_description">
This bill would provide such a payment to
certain retirees and beneficiaries under the ERS</p><p class="bill_entitled_an_act"> To provide for a funded one-time lump-sum addition
to the retirement benefits of certain retirees and
beneficiaries of the Employees' Retirement System.
</p>
Subjects
Employees' Retirement System
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 1, 2014 | H | Pending third reading on day 27 Favorable from Ways and Means General Fund with 1 substitute |
| April 1, 2014 | H | Indefinitely Postponed |
| March 19, 2014 | H | Read for the second time and placed on the calendar with 1 substitute and |
| February 4, 2014 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB387 Alabama 2014 Session - Introduced |