SB172 Alabama 2021 Session

Updated May 5, 2021

SB172 Alabama 2021 Session

Senate Bill

Expired

Current Status

Regular Session 2021

Session

5

Sponsors

Summary

Primary Sponsor: Bobby D. Singleton Senator
Democrat
Co-Sponsors: Linda Coleman-Madison Vivian Davis Figures Randy Price Jack W. Williams
Session: Regular Session 2021
Title: Teachers' Retirement System, one-time lump-sum payment for certain retirees and beneficiaries
Description: Under existing law, there is no provision for retirees and beneficiaries receiving monthly benefits from the Teachers' Retirement System to receive a funded lump-sum payment in addition to their retirement allowances.
This bill would provide a longevity bonus payment to certain retirees and beneficiaries under the Teachers' Retirement System.
Subjects: Teachers' Retirement System

Bill Actions

Indefinitely Postponed

Pending third reading on day 24 Favorable from Finance and Taxation Education with 1 substitute

Read for the second time and placed on the calendar with 1 substitute and

Read for the first time and referred to the Senate committee on Finance and Taxation Education

Bill Text

Download Introduced PDF

Documents

Bill Text (Introduced) SB172 Alabama 2021 Session - Introduced

Source: Alabama Legislature