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HB380 Alabama 2020 Session

Updated Mar 3, 2020
HB380 Alabama 2020 Session
House Bill
Expired
Current Status
Regular Session 2020
Session
1
Sponsor

Summary

Session
Regular Session 2020
Title
Employees' Retirement System, retirees and beneficiaries, one-time lump-sum additional payment
Description

Under existing law, there is no provision for retirees and beneficiaries receiving monthly benefits from the Teachers' Retirement System to receive a funded lump-sum payment in addition to their retirement allowances.

This bill would provide a funded one-time lump-sum payment to certain retirees and beneficiaries under the Teachers' Retirement System.

Subjects
Employees' Retirement System

Bill Actions

H

Read for the first time and referred to the House of Representatives committee on Ways and Means Education

Bill Text

Documents

Source: Alabama Legislature