Senate Finance and Taxation General Fund Hearing
Finance and Taxation at 11:00:00

Pursuant to the District Attorneys' Plan for Retirement under the Judicial Retirement Fund, a service retirement allowance and a disability retirement allowance are calculated by the use of a formula and may not exceed 80 percent of the member's average final compensation.
This bill would revise the definition of "average final compensation" for purposes of the District Attorneys' Plan.
This bill would revise the percentage of a member's average final compensation used for determining a member's pension and would decrease the limitation on both the service retirement allowance and disability retirement allowance permitted to 75 percent of the member's average final compensation.
This bill would provide that the service retirement allowance and disability retirement allowance of a member who has attained 18 or more years of membership service shall be 75 percent of the member's average final compensation.
This bill would also revise the definition of "average final compensation" for purposes of the Judicial Retirement Fund.
HB312 INTRODUCED.
Enacted
Enacted
Delivered to Governor
Signature Requested
Enrolled
Ready to Enroll
Ready to Enroll
Motion to Read a Third Time and Pass - Adopted Roll Call 1031
Third Reading in Second House
Read for the Second Time and placed on the Calendar
Reported Out of Committee Second House
Pending Senate Finance and Taxation General Fund
Read for the first time and referred to the Senate Committee on Finance and Taxation General Fund
Engrossed
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 767
Motion to Adopt - Adopted Roll Call 766 EJWJG29-1
Ways and Means General Fund Engrossed Substitute Offered EJWJG29-1
Third Reading in House of Origin
Read for the Second Time and placed on the Calendar
Reported Out of Committee House of Origin from House Ways and Means General Fund EJWJG29-1
Pending House Ways and Means General Fund
Read for the first time and referred to the House Committee on Ways and Means General Fund
Finance and Taxation at 11:00:00
Room 617 at 13:30:00
Room 617 at 13:30:00
Source: Alabama Legislature