HB439 Alabama 2019 Session

Summary

Primary Sponsor

Tim WadsworthRepresentative

Republican

Session

Regular Session 2019

Title

Teachers' Retirement System, retirees, one-time lump sum retirement payment in December 2017, approp. from Edu. Trust Fund in Oct. 2016.

Summary

The bill would provide a funded one-time $800 lump-sum payment to certain Alabama Teachers' Retirement System retirees and beneficiaries, to be paid in December 2019, with funding arranged through the Education Trust Fund in the 2020 budget act.

What This Bill Does

It creates a funded one-time lump-sum payment of $800 for fiscal year 2019-2020 to TRS retirees whose retirement date was before October 1, 2019 and who are receiving or are entitled to receive a monthly TRS benefit as of September 30, 2020, as well as to beneficiaries of deceased members/retirees with the same date criteria, and to other eligible persons identified in subsection (e) who meet the criteria. Payments would be made in December 2019. The bill excludes individuals whose Medicaid eligibility would be impaired by the lump-sum and, if such impairment would occur after applying for Medicaid, they would not receive the lump-sum. It does not create a direct appropriation; the cost is to be provided in the 2020 Education Trust Fund budget act, and the act becomes effective immediately upon passage.

Who It Affects

• Group 1: TRS retirees whose retirement date was before October 1, 2019 and who are receiving or eligible to receive monthly TRS benefits as of September 30, 2020 would receive an $800 lump-sum payment (paid December 2019).
• Group 2: Individuals whose Medicaid eligibility would be impaired by receiving the lump-sum (including those who apply for Medicaid and would be impaired) are not eligible to receive the payment.

Key Provisions

• Provides a funded one-time $800 lump-sum payment for fiscal year 2019-2020 to eligible TRS retirees and beneficiaries meeting identified date criteria.
• Eligibility includes retirement prior to October 1, 2019 and being/entitled to monthly TRS benefits as of September 30, 2020, plus additional individuals specified in subsection (e).
• Medicaid-related rule: anyone whose Medicaid eligibility would be impaired by the lump-sum is ineligible, and eligibility impairment after applying removes eligibility for the lump-sum.
• Payments are made in December 2019; funding is to come from the Education Trust Fund budget act for the 2020 fiscal year, and the act takes effect immediately upon passage.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Teachers' Retirement System