HB35 Alabama 2017 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2017
Title
Teachers' Retirement System, retirees, one-time lump sum retirement payment in December 2017, approp. from Edu. Trust Fund in Oct. 2017.
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. This bill would
provide such a payment to certain retirees and
beneficiaries under the TRS</p><p class="bill_entitled_an_act"> Relating to retirement; 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
Teachers' Retirement System
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 7, 2017 | 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 | HB35 Alabama 2017 Session - Introduced |