HB376 Alabama 2022 Session
Summary
- Primary Sponsor
-
Rex Reynolds RepresentativeRepublican - Session
- Regular Session 2022
- Title
- Teachers' Retirement System and Employees' Retirement System, to revise temporarily the eligibility and compensation of retirees for participating in either system after retirement, Secs. 16-25-25.2, 36-27-8.3 added; Secs. 16-25-26, 36-27-8.2 am'd.
- Description
Under existing law, a retiree receiving an Employees' Retirement System or Teachers' Retirement System allowance may perform duties with an employer participating in the system without suspension of the retirement allowance, provided the person is not employed in a permanent full-time capacity and the compensation does not exceed $30,000 plus Consumer Price Index adjustments after 2017.
This bill would temporarily revise the eligibility requirements for participating and the allowance a retiree of either system may earn for performing duties with an employer participating in the system.
- Subjects
- Teachers' Retirement System
Bill Actions
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Motion to Read a Third Time and Pass adopted Roll Call 530
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund
Bill Text
Votes
Motion to Read a Third Time and Pass Roll Call 530
Documents
Source: Alabama Legislature