House Ways and Means General Fund Hearing
Room 617 at 13:30:00

HB312 would redefine average final compensation and cut the maximum retirement benefit to 75% of AFC for District Attorneys' Plan and the Judicial Retirement Fund, with 18+ years of service yielding 75% of AFC, effective October 1, 2026.
It revises how average final compensation is calculated for the District Attorneys' Plan and the Judicial Retirement Fund. It lowers the maximum service and disability retirement allowances from 80% to 75% of average final compensation. It specifies that members with 18 or more years of membership service receive a retirement allowance equal to 75% of their AFC. It takes effect on October 1, 2026 and updates the related definitions used to compute pensions and annuities under these plans.
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
Room 617 at 13:30:00
Room 617 at 13:30:00
Source: Alabama Legislature