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.
|April 3, 2019||H||Pending third reading on day 7 Favorable from State Government|
|April 3, 2019||H||Read for the second time and placed on the calendar|
|March 5, 2019||H||Read for the first time and referred to the House of Representatives committee on State Government|
|Hearing||April 3, 2019||Room 206 at 15:00||House SG Hearing|
|Bill Text||HB61 Alabama 2019 Session - Introduced|