SB312 Alabama 2020 Session
Bill Summary
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
To amend Sections 36-26-36.1, 36-27-16, as amended by Act 2019-221 and Act 2019-316, 2019 Regular Session, 36-27-24, and 36-27-59, Code of Alabama 1975, relating to retirement benefits for employees who are members of the Employees' Retirement System; to modify the retirement benefits for Tier II plan members of the 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; and to increase the Tier II plan member contribution rate.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 12, 2020 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB312 Alabama 2020 Session - Introduced |