HB515 Alabama 2022 Session
Updated Mar 18, 2022
HB515 Alabama 2022 Session
House Bill
Expired
Current Status
Regular Session 2022
Session
1
Sponsor
Summary
- Primary Sponsor
-
Danny Garrett RepresentativeRepublican - Session
- Regular Session 2022
- Title
- Retirement Systems, Tier II members of Employees' Retirement System or Teachers' Retirement System who begin participation on or after October 1, 2022, with at least 30 years of service, to receive annual automatic cola adjustment
- Description
This bill would provide, upon retirement and with at least 30 years of creditable service, an annual cost-of-living adjustment for any Tier II participating member of the Teachers' Retirement System or the Employees' Retirement System whose initial participation begins on or after October 1, 2022.
- Subjects
- Retirement Systems
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