HB93 Alabama 2021 Session

Summary

Primary Sponsor

Alan BakerRepresentative

Republican

Co-Sponsors

Chip BrownTerri CollinsTracy EstesRhett MarquesCharlotte MeadowsParker MooreProncey RobertsonShane StringerDavid Wheeler

Session

Regular Session 2021

Title

Teachers Retirement System, 30-year service retirement and conversion of sick leave allowed for Tier II, plan members, member contribution rate increased, Secs. 16-25-11.1, 16-25-14, 16-25-21 am'd.

Summary

HB93 would let Tier I teachers convert unused sick leave into creditable service for retirement, while Tier II would not be eligible, and it updates retirement system funding and contribution rules.

What This Bill Does

The bill amends the Teachers' Retirement System to allow Tier I teachers to convert accrued sick leave into creditable service used to determine total years of service, with limits on days and applicability; the conversion does not apply to Tier II plan members and must meet specific conditions. Unused sick leave converted under this section counts only toward service retirement, not deferred retirement, and disability retirement remains available if eligible. It also updates the funding structure and member contribution rates for the retirement system, detailing how contributions are collected and allocated among the Annuity Savings Fund and Pension Accumulation Fund. Overall, Tier II members remain ineligible for sick-leave conversion, while other retirement rules and funding provisions are adjusted.

Who It Affects

• Tier I teachers/members: may convert accrued sick leave into creditable service for retirement, increasing the years of service considered for retirement; must follow limits, and the conversion applies only to service retirement (not deferred retirement) though disability retirement remains available if eligible.
• Tier II plan members and their employers: not eligible for sick-leave conversion; will be subject to adjusted member contribution rates and the act's funding provisions, including how contributions are collected and allocated.

Key Provisions

• Amends §16-25-11.1 to allow Tier I teachers to convert accrued sick leave into creditable service for determining total creditable service; Tier II remains ineligible.
• Specifies that the sick-leave conversion does not apply to Tier II plan members and to those eligible only for partial payments under §36-26-36.
• Updates §16-25-14 and §16-25-21 to reflect retirement eligibility, disability retirement rules, and the system's funding structure (Annuity Savings Fund, Pension Accumulation Fund, and Expense Fund), including specific contribution rates and timing for both Tier I and Tier II members.
• Effective date: the act becomes effective immediately upon the Governor's approval (or as provided by law).

AI-generated summary using openai/gpt-5-nano on Feb 22, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Teachers' Retirement System