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HB467 Alabama 2016 Session

Updated Jul 24, 2021
HB467 Alabama 2016 Session
House Bill
In Committee
Current Status
Regular Session 2016
Session
1
Sponsor

Summary

Session
Regular Session 2016
Title
Retirement Systems of Alabama, annual report and actuarial report of Bds. of Control of ERS and TRS, additional information required, adoption of investment reporting standards required, Secs. 16-25-19, 36-27-23 am;d.
Description

Under current law, the Boards of Control of the Teachers’ Retirement System and the Employees’ Retirement System are required to report certain information annually and designate an actuary to make a valuation of each system annually. This bill specifies information that must be included in the annual report and actuarial report and requires the Boards of Control to adopt certain reporting standards for investments.

Subjects
Retirement Systems

Bill Actions

H

Indefinitely Postponed

H

Pending third reading on day 21 Favorable from State Government with 1 substitute

H

Read for the second time and placed on the calendar with 1 substitute and

H

Read for the first time and referred to the House of Representatives committee on State Government

Bill Text

Documents

Source: Alabama Legislature