HB572 Alabama 2014 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2014
Title
Retirement, retiree bonus payment, beneficiaries of Teachers' Retirement System
Description
<p class="bill_description"> Under existing law, there is no provision
for retirees and beneficiaries receiving monthly
benefits from the Teachers' Retirement System (TRS)
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 TRS</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 Teachers' Retirement System.
</p>
Subjects
Retirement
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 5, 2014 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB572 Alabama 2014 Session - Introduced |