SB269 Alabama 2017 Session

Updated Jul 24, 2021

Summary

Primary Sponsor: Gerald O. Dial
Republican
Session: Regular Session 2017
Title: Employees' Retirement System, retirees and beneficiaries, one-time lump-sum additional payment
Description: Under existing law, there is no provision for retirees and beneficiaries receiving monthly benefits from the Employees' Retirement System 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 Employees' Retirement System.
Subjects: Employees' Retirement System

Read for the first time and referred to the Senate committee on Finance and Taxation General Fund