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SB218 Alabama 2020 Session

Updated Feb 20, 2020
SB218 Alabama 2020 Session
Senate 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 Employees' Retirement System (ERS) to receive a funded longevity bonus in addition to their retirement allowances.

This bill would provide a longevity bonus payment to certain retirees and beneficiaries under the Employees' Retirement System.

Subjects
Employees' Retirement System

Bill Actions

S

Read for the first time and referred to the Senate committee on Finance and Taxation General Fund

Bill Text

Documents

Source: Alabama Legislature