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
To provide for a funded one-time lump-sum payment in addition to the retirement benefits of certain retirees and beneficiaries of the Teachers' Retirement System.
|March 3, 2020||H||Read for the first time and referred to the House of Representatives committee on Ways and Means Education|
|Bill Text||HB380 Alabama 2020 Session - Introduced|