SB265 Alabama 2020 Session
Updated Mar 5, 2020
SB265 Alabama 2020 Session
Senate Bill
Expired
Current Status
Regular Session 2020
Session
1
Sponsor
Summary
- Primary Sponsor
-
Bobby D. Singleton SenatorDemocrat - Session
- Regular Session 2020
- Title
- Teachers' Retirement System, one-time lump-sum payment for certain retirees and beneficiaries
- 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.
Bill Actions
S
Read for the first time and referred to the Senate committee on Finance and Taxation Education
Bill Text
Documents
Source: Alabama Legislature