HB137 Alabama 2022 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2022
Title
Teachers' Retirement System, retirees and beneficiaries, one-time lump sum funded payment based on years of service, payment in fiscal year 2022
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
Relating to retirement; 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
Teachers Retirement System
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 13, 2022 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB137 Alabama 2022 Session - Introduced |