House Bill 312 Alabama 2026 Session

Summary

Primary Sponsor

Jim Hill Representative

Republican

Session

2026 Regular Session

Title

District Attorneys’ Plan under the Judicial Retirement Fund; calculation of service retirement allowance and disability retirement allowance revised; limitation on amount of service retirement allowance compared to member's average final compensation revised

Description

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.

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Subjects

Retirement