HB214 Alabama 2022 Session
Updated Apr 1, 2022
HB214 Alabama 2022 Session
House Bill
In Committee
Current Status
Regular Session 2022
Session
1
Sponsor
Summary
- Primary Sponsor
-
Barbara Drummond RepresentativeDemocrat - 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.
- Description
Under existing law, there is no provision for retirees and beneficiaries receiving monthly benefits from the Teachers' Retirement System to receive a funded one-time lump-sum payment in addition to their retirement allowances.
This bill would provide a lump-sum payment to certain retirees and beneficiaries under the Teachers' Retirement System.
- Subjects
- Teachers' Retirement System
Bill Actions
H
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
Bill Text
Documents
Source: Alabama Legislature