HB624 Alabama 2021 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2021
Title
Judicial Retirement Fund, notice deadline for transferring any creditable service and contributions removed, nonsubstantive technical revisions, Sec. 12-18-110 am'd.
Description
<p class="bill_description"> Under existing law, any member of the
Judicial Retirement Fund, who was a member of the
Employees' Retirement System of Alabama or the
Teachers' Retirement System of Alabama for up to
one year prior to becoming a member of the Judicial
Retirement Fund, may transfer any creditable
service and contributions from his or her
accumulated contributions in the Employees' or
Teachers' Retirement System, provided that he or
she notifies the Board of Control of the Employees'
Retirement System within one year after becoming a
member of the Judicial Retirement Fund</p><p class="bill_description">
This bill would delete the one-year deadline
for submitting notice to the board</p><p class="bill_description">
This bill would also make nonsubstantive,
technical revisions to update the existing code
language to current style</p><p class="bill_entitled_an_act"> Relating to the Judicial Retirement Fund; to amend
Section 12-18-110, Code of Alabama 1975, to delete the notice
deadline for transferring any creditable service and
contributions from the Employees' or Teachers' Retirement Fund
to the Judicial Retirement Fund; and to make nonsubstantive,
technical revisions to update the existing code language to
current style.
</p>
Subjects
Judicial Retirement Fund
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 13, 2021 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB624 Alabama 2021 Session - Introduced |