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SB369 Alabama 2018 Session

Updated Feb 26, 2026
Low Interest

Summary

Session
Regular Session 2018
Title
Beneficiaries, permit Supernumerary Circuit Clerk or Register to change beneficiary, seek refund under certain circumstances, Secs. 12-17-142, 12-17-143 am'd.
Summary

The bill would let non-spouse beneficiaries receive Clerks' and Registers' Supernumerary Fund benefits and let circuit clerks change beneficiaries, with a new refund option and a plan for remaining funds.

What This Bill Does

It allows a beneficiary other than the surviving spouse to be paid from the Clerks' and Registers' Supernumerary Fund and lets circuit clerks change the named beneficiary. It provides an option for eligible supernumeraries to receive a refund of contributions plus 75% of accrued interest. It also establishes a plan for distributing any remaining funds after all liabilities are met and directs how remaining funds should be handled once liabilities are resolved.

Who It Affects
  • Beneficiaries (spouses and non-spouse named beneficiaries) of the Clerks' and Registers' Supernumerary Fund, who could receive benefits or have their beneficiary designation changed.
  • Circuit Clerks and Circuit Registers who are or become supernumeraries, who would gain the ability to change beneficiaries and could elect a refund of contributions plus interest.
Key Provisions
  • Allows a Circuit Clerk to designate or change the beneficiary of the Clerks' and Registers' Supernumerary Fund from the surviving spouse to another named beneficiary.
  • Gives eligible supernumerary Circuit Clerks the option to receive a refund of contributions plus 75% of accrued interest, and creates a plan for remaining funds after all liabilities are met.
AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects
Beneficiaries

Bill Actions

S

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

Bill Text

Documents

Source: Alabama Legislature