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SB312 Alabama 2020 Session

Updated Mar 12, 2020
SB312 Alabama 2020 Session
Senate Bill
Expired
Current Status
Regular Session 2020
Session
1
Sponsor

Summary

Session
Regular Session 2020
Title
Employees' Retirement System, retirement benefits for Tier II plan members modified to provide 30-year service retirement, conversion of sick leave, and hazardous duty time for firefighters, law enforcement, and correctional officers, contribution rate increased, Secs. 36-26-36.1, 36-27-16, 36-27-24, 36-27-59 am'd.
Description

This bill would modify the retirement benefits for Tier II plan members of the Employees' Retirement System by providing 30-year service retirement, allowing the conversion of sick leave into creditable service, and, for firefighters, law enforcement officers, and correctional officers, providing hazardous duty time.

This bill would also increase the Tier II plan member contribution rate.

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