SB188 Alabama 2022 Session

Sponsors

Session

Regular Session 2022

Title

Retirement System, retirees required to work for a least a year before returning to compensated work for a participating employer, Secs. 16-25-26, 29-4-6, 36-27-8.2 repealed; Secs. 16-25-14, 36-27-16 am'd.

Description

<p class="bill_description"> Under existing law, a retired public employee is permitted to return to certain limited compensated service with any employer participating in the Teachers' Retirement System, Employees' Retirement System, or Judicial Retirement Fund without suspension of his or her retirement allowance</p><p class="bill_description"> This bill would lift these restrictions for retirees who have drawn retirement benefits for 12 consecutive months without performing services for compensation with participating employers</p><p class="bill_entitled_an_act"> Relating to the Retirement Systems of Alabama; to amend Sections 16-25-14 and 36-27-16, as amended by Act 2021-270, 2021 Regular Session, to require an individual retired under the Teachers' Retirement System, Employees' Retirement System, or Judicial Retirement Fund to draw his or her retirement benefits for 12 consecutive months before returning to compensated work for a participating employer; and to repeal Sections 16-25-26, 29-4-6, and 36-27-8.2, Code of Alabama 1975, authorizing certain retired public employees to return to work for participating employers. </p>

Subjects

Retirement Systems