HB344 Alabama 2018 Session
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Bill Summary
Sponsors
Session
Regular Session 2018
Title
Retirement, benefits for local employers participating in ERS, retirement benefits given to Tier I plan members authorized for Tier II plan members, Sec. 36-27-6.5 added
Description
Under existing law, a local governing body or local public organization can elect to have its officers and employees participate in the Employees' Retirement System.
This bill would provide that a local employer participating in the Employees' Retirement System could elect to provide the same retirement benefits given to Tier I plan members to its Tier II plan members.
To add Section 36-27-6.5 to the Code of Alabama 1975, relating to retirement for members of the Employees' Retirement System; to provide that a local employer participating in the ERS could elect to provide the same retirement benefits given to Tier I plan members to its Tier II plan members.
Subjects
Retirement Systems
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 20, 2018 | S | Pending third reading on day 22 Favorable from Finance and Taxation General Fund |
| March 20, 2018 | S | Read for the second time and placed on the calendar |
| March 6, 2018 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
| February 22, 2018 | H | Motion to Read a Third Time and Pass adopted Roll Call 469 |
| February 22, 2018 | H | Third Reading Passed |
| February 15, 2018 | H | Read for the second time and placed on the calendar |
| February 1, 2018 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB344 Alabama 2018 Session - Introduced |
Source: Alabama Legislature