SB312 Alabama 2020 Session
In Committee
Bill Summary
Sponsors
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
<p class="bill_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</p><p class="bill_description">
This bill would also increase the Tier II
plan member contribution rate</p><p class="bill_entitled_an_act"> 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.
</p>
Subjects
Employees' Retirement System
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 |