SB16 Alabama 2022 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2022
Title
Employees' Retirement System, retirees and beneficiaries, one-time lump-sum additional payment
Description
<p class="bill_description"> Under existing law, there is no provision
for retirees and beneficiaries receiving monthly
benefits from the Employees' Retirement System to
receive a funded longevity bonus addition to their
retirement allowances</p><p class="bill_description">
This bill would provide a longevity bonus to
certain retirees and beneficiaries under the
Employees' Retirement System</p><p class="bill_entitled_an_act"> Relating to state retirement; to provide for a
funded longevity bonus addition to the retirement benefits of
certain retirees and beneficiaries of the Employees'
Retirement System.
</p>
Subjects
Employees' Retirement System
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 11, 2022 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB16 Alabama 2022 Session - Introduced |