SB376 Alabama 2016 Session

Updated Jul 24, 2021

SB376 Alabama 2016 Session

Senate Bill

In Committee

Current Status

Regular Session 2016

Session

1

Sponsor

Summary

Primary Sponsor: Paul Bussman
Republican
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

Indefinitely Postponed

Read for the second time and placed on the calendar

Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development

Bill Text

Download Introduced PDF

Documents

Bill Text (Introduced) SB376 Alabama 2016 Session - Introduced

Source: Alabama Legislature