HB77 Alabama 2019 Session
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Bill Summary
Sponsors
Session
Regular Session 2019
Title
Retirement, RSA, retirement plans, Tier III retirement plan created, Tier III Teacher Recruitment and Retention Act, plan benefits defined, Secs. 16-25-1, 16-25-11.1, 16-25-14, 16-25-21 am'd.
Description
To amend Sections 16-25-1, 16-25-11.1, 16-25-14, and 16-25-21, Code of Alabama 1975, relating to retirement benefits for employees who are members of the Teachers' Retirement System; to establish a new defined benefit retirement plan for employees who first become a member of the Teachers' Retirement System on or after January 1, 2013, except for those Tier II plan members that opt out by June 1, 2021.
Subjects
Teachers' Retirement System
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB77 Alabama 2019 Session - Engrossed |
| Bill Text | HB77 Alabama 2019 Session - Introduced |
Source: Alabama Legislature