HB214 Alabama 2022 Session

Summary

Primary Sponsor

Barbara DrummondRepresentative

Democrat

Session

Regular Session 2022

Title

Teachers' Retirement System, retirees and beneficiaries, receiving benefits on a certain date, one-time lump sum payment, payment in May 2022, funding to be in Education Trust Fund budget for fiscal year commencing in Oct. 1, 2022.

Summary

HB214 would provide a funded one-time $2,000 lump-sum payment to certain Teachers' Retirement System retirees and beneficiaries, paid in May 2022 if funds are available.

What This Bill Does

If enacted, the bill creates a one-time lump-sum payment of $2,000 for fiscal year 2022-2023 to TRS retirees who retired before March 1, 2022 and are receiving monthly benefits on March 31, 2022, as well as to beneficiaries of deceased members/retirees who meet the same date and benefit criteria. The payment would be made by the Teachers' Retirement System in May 2022. Funding for the payment depends on the availability of funds in the Education Trust Fund and must be approved by the Finance Director and the Governor; it is not an independent appropriation. People whose Medicaid eligibility would be impaired by the lump-sum payment are excluded from receiving it.

Who It Affects

• Retirees of the Teachers' Retirement System whose retirement date was before March 1, 2022 and who receive a monthly TRS benefit on March 31, 2022, who would receive a $2,000 lump-sum payment.
• Beneficiaries of deceased TRS members or retirees with retirement dates before March 1, 2022 who are receiving or entitled to receive a monthly TRS allowance on March 31, 2022, who would receive a $2,000 lump-sum payment.
• Medicaid recipients whose eligibility would be impaired by the lump-sum payment (and those who apply for Medicaid after the lump-sum would impair eligibility) and thus would not receive the payment.

Key Provisions

• Provides a funded one-time lump-sum payment of $2,000 for fiscal year 2022-2023 to TRS retirees who retired before March 1, 2022 and are receiving monthly benefits on March 31, 2022, and to eligible beneficiaries of such retirees who meet the same conditions.
• Payments are made by the Teachers' Retirement System in May 2022 and are conditioned on the availability of funds in the Education Trust Fund budget for the fiscal year starting October 1, 2022, plus approval by the Finance Director and the Governor; it does not create an independent appropriation.
• Excludes individuals whose Medicaid eligibility would be impaired by the lump-sum payment, including those who would lose Medicaid eligibility or would become ineligible if they receive the payment.

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