SB206
180922-1:n:01/18/2017:JET/th LRS2016-3588 SB206 By Senator Singleton RFD Governmental Affairs Rd 1 16-FEB-17 SYNOPSIS: Under existing law, an employee of the Alabama State Law Enforcement Agency who is certified by the Alabama Peace Officers' Standards and Training Commission and performs law enforcement duties and is hired after January 1, 2015, is classified as a law enforcement officer and is ineligible to participate as a state policeman in the State Employees' Retirement System. This bill would reclassify new employees hired by the Alabama State Law Enforcement Agency to allow them to participate as a state policeman in the State Employees' Retirement System as a Tier II state policeman member. This bill would also provide that an employee classified as a law enforcement officer beginning January 1, 2015, would automatically become a participant as a Tier II state policeman and would allow the employee to elect to convert prior service credit earned as a law enforcement officer...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/SB206.htm - 5K - Match Info - Similar pages
HB240
180922-1:n:01/18/2017:JET/th LRS2016-3588 HB240 By Representative Treadaway RFD Ways and Means General Fund Rd 1 16-FEB-17 SYNOPSIS: Under existing law, an employee of the Alabama State Law Enforcement Agency who is certified by the Alabama Peace Officers' Standards and Training Commission and performs law enforcement duties and is hired after January 1, 2015, is classified as a law enforcement officer and is ineligible to participate as a state policeman in the State Employees' Retirement System. This bill would reclassify new employees hired by the Alabama State Law Enforcement Agency to allow them to participate as a state policeman in the State Employees' Retirement System as a Tier II state policeman member. This bill would also provide that an employee classified as a law enforcement officer beginning January 1, 2015, would automatically become a participant as a Tier II state policeman and would allow the employee to elect to convert prior service credit earned as a law...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/HB240.htm - 5K - Match Info - Similar pages
HB427
184260-1:n:03/16/2017:KBH/mfc LRS2017-1004 HB427 By Representatives Ledbetter, Shedd, McCutcheon, Patterson, Pettus, Whorton (R), Wood, Sanderford, Farley, Rowe, Butler and Harbison RFD State Government Rd 1 16-MAR-17 SYNOPSIS: Under existing law, a Tier II correctional officer, firefighter, or law enforcement officer is eligible for full retirement benefits if he or she retires after the age of 56 with at least 10 years of creditable service as a correctional officer, firefighter, or law enforcement officer. This bill would allow Tier II members of the Employees' Retirement System or the Teachers' Retirement System employed as a local correctional officer, firefighter, or law enforcement officer to retire with full retirement benefits upon completion of 25 years of service. The bill would also increase the contribution rate of the earnable compensation of Tier II members of the Employees' Retirement System or the Teachers' Retirement System employed as a local correctional officer,...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/HB427.htm - 93K - Match Info - Similar pages
HB356
183263-1:n:03/01/2017:EBO-KB/mej HB356 By Representative Patterson RFD State Government Rd 1 02-MAR-17 SYNOPSIS: This bill would create an option for certain retirees of the Teachers' Retirement System and the Employees' Retirement System to elect to receive a lump-sum cash payment equal to and in lieu of a portion of his or her retirement allowance, not to exceed 50 percent. This bill would require the Director of Finance to certify to the Board of Control, the Governor, and the presiding officer of each house of the Legislature whether or not available funds are sufficient and economic conditions are satisfactory to support the financial viability of the lump-sum retirement allowance option and would delay the offering of the option for a period of 12 months if economic conditions do not support the viability of the lump-sum option. This bill would also create the Alabama Pension Authority and would authorize the authority to issue bonds to fund the lump-sum retirement allowance...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/HB356.htm - 122K - Match Info - Similar pages
SB321
183263-1:n:03/01/2017:EBO-KB/mej SB321 By Senator Hightower RFD Finance and Taxation Education Rd 1 15-MAR-17 SYNOPSIS: This bill would create an option for certain retirees of the Teachers' Retirement System and the Employees' Retirement System to elect to receive a lump-sum cash payment equal to and in lieu of a portion of his or her retirement allowance, not to exceed 50 percent. This bill would require the Director of Finance to certify to the Board of Control, the Governor, and the presiding officer of each house of the Legislature whether or not available funds are sufficient and economic conditions are satisfactory to support the financial viability of the lump-sum retirement allowance option and would delay the offering of the option for a period of 12 months if economic conditions do not support the viability of the lump-sum option. This bill would also create the Alabama Pension Authority and would authorize the authority to issue bonds to fund the lump-sum retirement...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/SB321.htm - 122K - Match Info - Similar pages
HB171
181374-1:e:01/17/2017:EBO-DHC/bmr HB171 By Representative Poole RFD Ways and Means Education Rd 1 09-FEB-17 SYNOPSIS: This bill makes appropriations for the support, maintenance and development of public education in Alabama, for debt service, and for capital outlay for the fiscal year ending September 30, 2018. A BILL TO BE ENTITLED AN ACT To make appropriations for the support, maintenance and development of public education in Alabama, for debt service, and for capital outlay for the fiscal year ending September 30, 2018. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. There is hereby appropriated for the support of public education in Alabama for the fiscal year ending September 30, 2018, for debt service, and for capital outlay to be paid out of funds specified in subsection (a) of Section 2 of this act, the amounts specified in subsections (a), (b), (c), (d), and (e) of Section 3 of this act. For the purpose specified in subsection (b) of Section 2 of this act, amounts...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/HB171.htm - 120K - Match Info - Similar pages
SB129
SB129 By Senator Orr ENROLLED, An Act, To make appropriations for the support, maintenance and development of public education in Alabama, for debt service, and for capital outlay for the fiscal year ending September 30, 2018. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. There is hereby appropriated for the support of public education in Alabama for the fiscal year ending September 30, 2018, for debt service, and for capital outlay to be paid out of funds specified in subsection (a) of Section 2 of this act, the amounts specified in subsections (a), (b), (c), (d), and (e) of Section 3 of this act. For the purpose specified in subsection (b) of Section 2 of this act, amounts are shown by programmatic area and the total for all programs is shown so as to include estimated sources of funds other than those listed in subsection (a) of Section 2 of this act. For the purpose of this act, "ETF" shall mean the Education Trust Fund and "Federal and Local Funds" shall mean all gifts,...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/SB129.htm - 134K - Match Info - Similar pages
HB326
Rep(s). By Representative Wood HB326 ENGROSSED A BILL TO BE ENTITLED AN ACT Relating to retirement benefits; to amend Sections 16-25-14, 16-25-21, 36-27-16, and 36-27-24, Code of Alabama 1975; to allow Tier II members of the Employees' Retirement System or the Teachers' Retirement System employed as a correctional officer, firefighter, or law enforcement officer to retire with full benefits upon completion of 25 years of service; to increase the benefit multiplier used to determine retirement allowances for local firefighters and law enforcement officers, with an option for local employers participating in the Employees' Retirement System to opt out of this increase by adopting a resolution on or before September 30, 2017; and to provide that Tier II members of the Employees' Retirement System or the Teachers' Retirement System employed as a correctional officer, firefighter, or law enforcement officer to contribute eight and one-quarter percent of his or her earnable compensation to...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/HB326.htm - 87K - Match Info - Similar pages
SB333
175381-2:n:02/21/2017:PMG/tgw LRS2016-1013R1 SB333 By Senator Chambliss RFD Finance and Taxation Education Rd 1 16-MAR-17 SYNOPSIS: Under existing law, a Tier II correctional officer, firefighter, or law enforcement officer is eligible for full retirement benefits if he or she retires after the age of 56 with at least 10 years of creditable service as a correctional officer, firefighter, or law enforcement officer. This bill would allow Tier II members of the Employees' Retirement System or the Teachers' Retirement System employed as a correctional officer, firefighter, or law enforcement officer to retire with full retirement benefits upon completion of 25 years of service. The bill would also provide that Tier II members of the Employees' Retirement System or the Teachers' Retirement System employed as a correctional officer, firefighter, or law enforcement officer shall contribute eight and one-quarter percent of his or her earnable compensation to the retirement system. A BILL TO...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/SB333.htm - 87K - Match Info - Similar pages
HB377
Rep(s). By Representatives Treadaway and Clouse HB377 ENROLLED, An Act, To amend Section 36-27-1, Code of Alabama 1975, relating to the Employees' Retirement System, to revise the definition of "state policeman"; and to remove the separate calculation of employer contribution percentage rate made to the Pension Accumulation Fund by the employer for state policemen. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 36-27-1, Code of Alabama 1975, is hereby amended to read as follows: ยง36-27-1. "When used in this article, the following terms shall have the following meanings, respectively, unless the context clearly indicates otherwise: "(1) RETIREMENT SYSTEM. The Employees' Retirement System of Alabama as defined in Section 36-27-2. "(2) EMPLOYEE. Any regular employee of the State of Alabama whose salary is paid by state warrant by the state, except a member of the Legislature of the state, a person who is covered or eligible to be covered under the Teachers' Retirement...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/HB377.htm - 8K - Match Info - Similar pages
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