SB388 Alabama 2014 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2014
Title
Retirement, retiree bonus payment, beneficiaries of Teachers' Retirement System
Description
Under existing law, there is no provision for retirees and beneficiaries receiving monthly benefits from the Teachers' Retirement System (TRS) to receive a funded one-time lump sum addition to their retirement allowances
This bill would provide such a payment to certain retirees and beneficiaries under the TRS
To provide for a funded one-time lump sum addition to the retirement benefits of certain retirees and beneficiaries of the Teachers' Retirement System.
Subjects
Retirement
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 20, 2014 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB388 Alabama 2014 Session - Introduced |