SB16 Alabama 2022 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2022
Title
Employees' Retirement System, retirees and beneficiaries, one-time lump-sum additional payment
Description
Under existing law, there is no provision for retirees and beneficiaries receiving monthly benefits from the Employees' Retirement System to receive a funded longevity bonus addition to their retirement allowances
This bill would provide a longevity bonus to certain retirees and beneficiaries under the Employees' Retirement System
Relating to state retirement; to provide for a funded longevity bonus addition to the retirement benefits of certain retirees and beneficiaries of the Employees' Retirement System.
Subjects
Employees' Retirement System
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 11, 2022 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB16 Alabama 2022 Session - Introduced |