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  1. Home / Alabama / Alabama House & Senate Bills / 2019 Alabama Legislative Regular Session / 2019 Alabama House Bills / HB 389

HB 389

In Committee
  • Bill Summary
  • Bill Text
  • Action History
  • Bill Documents
Sponsor
John W. RogersJohn W. Rogers
Session
Regular Session 2019
Title
Teachers' Retirement System, UAB employees who served as postdoctoral fellow, allowed to purchase up to two years credit in the system
Description

This bill would allow any active and contributing member of the Teachers' Retirement System to purchase credit in the system of up two years of the time the employee served as a postdoctoral research fellow at any public college or university in Alabama

Relating to the Teachers' Retirement System; to allow any active and contributing member of the Teachers' Retirement System to purchase credit in the system of up two years of the time the employee served as a postdoctoral fellow at any public college or university in Alabama.

Subjects
Teachers' Retirement System
Note: Bills that change current law do not show the amended text correctly below. Please view Original PDF to see amended sections: HB 389 - Introduced - PDF

This bill would allow any active and contributing member of the Teachers' Retirement System to purchase credit in the system of up two years of the time the employee served as a postdoctoral research fellow at any public college or university in Alabama

Relating to the Teachers' Retirement System; to allow any active and contributing member of the Teachers' Retirement System to purchase credit in the system of up two years of the time the employee served as a postdoctoral fellow at any public college or university in Alabama.

Section 1

(a)(1) Any active and contributing member of the Teachers' Retirement System may purchase credit in the system of up two years of the time the employee served as a postdoctoral research fellow at any public college or university in Alabama. (2) The certification of prior service claimed under this section shall conform to applicable administrative rules and procedures of the Teachers' Retirement System. Members shall receive credit for the prior service when they remit to the system the contributions required by subsection (b). No member shall receive credit for any service that the member is already credited within the system or any other public retirement plan with the exception of the federal Social Security program. (b) Any member who is eligible to purchase service credit pursuant to subsection (a) shall pay to the secretary-treasurer of the system, within one year from October 1, 2021, for the claimed service, the full cost for each year of claimed service as determined by the system's actuary.

Section 2

This act shall become effective on the first day of the third month following its passage and approval by the Governor, or its otherwise becoming law.

Action Date Chamber Action
May 8, 2019 H Pending third reading on day 18 Favorable from Ways and Means Education
May 8, 2019 H Read for the second time and placed on the calendar
April 9, 2019 H Read for the first time and referred to the House of Representatives committee on Ways and Means Education
Document Type Document Location
Bill Text http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2019RS/PrintFiles/HB389-int.pdf

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