SB413
186419-2:n:05/04/2017:KBH*/cj LRS2017-2027R1 SB413 By Senators Beasley, Singleton, Coleman-Madison,
Dunn, Smitherman, Figures, Ross and Sanders RFD Finance and Taxation General Fund Rd 1 04-MAY-17
SYNOPSIS: This bill would provide a one-time, lump-sum bonus in the amount of $1,000 for certain
state employees in the fiscal year beginning October 1, 2017. A BILL TO BE ENTITLED AN ACT
To provide for a one-time, lump-sum bonus in the amount of $1,000 for certain state employees
in the fiscal year beginning October 1, 2017. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:
Section 1. Except for the state or local employees excluded by Section 2, for the 2017-2018
fiscal year only, all state employees who are listed in the classified and unclassified service
of the state as defined in Section 36-26-10, Code of Alabama 1975, all other state employees
and hourly employees of the state, all legislative personnel, officers, and employees, including,
but not limited to, Legislative Reference Service...
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HB342
Rep(s). By Representatives McMillan, Shiver and Davis HB342 ENROLLED, An Act, To provide for
an optional one-time lump-sum addition to the retirement benefits of certain retirees and
beneficiaries of those whose employer participated in the Employees' Retirement System pursuant
to Sections 36-27-6, 36-27-7, and 36-27-7.1, Code of Alabama 1975. BE IT ENACTED BY THE LEGISLATURE
OF ALABAMA: Section 1. (a) There is provided for fiscal year 2017-2018 an optional one-time
lump-sum payment, hereinafter referred to as lump-sum payment, to those whose employer participated
in the Employees' Retirement System pursuant to Sections 36-27-6, 36-27-7, and 36-27-7.1,
Code of Alabama 1975, whose effective date of retirement for purposes of receiving benefits
from the Employees' Retirement System is prior to May 1, 2017, and who is receiving or is
entitled to receive a monthly allowance from the Employees' Retirement System on November
30, 2017. (b) The formula for calculating the lump-sum payment...
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SB122
181687-2:n:02/07/2017:KMS/th LRS2017-395R1 SB122 By Senators Orr and Pittman RFD Finance and
Taxation General Fund Rd 1 07-FEB-17 SYNOPSIS: This bill would authorize lump sum merit reward
payments for certain full-time state employees who have reached the maximum of their assigned
pay ranges under certain conditions. A BILL TO BE ENTITLED AN ACT To add Section 36-26-48
to the Code of Alabama 1975, relating to state employees; to authorize lump sum merit reward
payments for certain full-time state employees who have reached the maximum of their assigned
pay ranges under certain conditions; to provide for the amount of the payments; and to provide
for exemptions. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Section 36-26-48 is
added to the Code of Alabama 1975, to read as follows: §36-26-48. (a) Commencing on October
1, 2017, and based on the availability of funds, an appointing authority may provide a lump
sum merit reward payment, in an amount of up to two and one-half...
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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...
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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...
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SB269
183388-1:n:03/02/2017:KMS/th LRS2017-1084 SB269 By Senator Dial RFD Finance and Taxation General
Fund Rd 1 02-MAR-17 SYNOPSIS: Under existing law, there is no provision for retirees and beneficiaries
receiving monthly benefits from the Employees' Retirement System 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 Employees' Retirement System. A BILL TO BE ENTITLED
AN ACT To provide for a funded one-time lump-sum addition to the retirement benefits of certain
retirees and beneficiaries of the Employees' Retirement System. BE IT ENACTED BY THE LEGISLATURE
OF ALABAMA: Section 1. (a) There is provided for fiscal year 2017-2018 a funded one-time lump-sum
payment, hereinafter referred to as lump-sum payment, to each person except those whose employer
participated in the Employees' Retirement System pursuant to Sections 36-27-6, 36-27-7, and
36-27-7.1, Code of Alabama 1975,...
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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...
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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...
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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,...
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HB1
185344-1:n:04/18/2017:KBH/mfc LRS2017-1662 HB1 By Representatives Hanes, Shedd, Whorton (I),
Whorton (R), Wadsworth, Fincher, Mooney and Standridge RFD Ways and Means General Fund Rd
1 09-JAN-18 SYNOPSIS: Existing law provides for the Deferred Retirement Option Plan (DROP),
which contractually allows a member of the Employees' Retirement System (ERS) or the Teachers'
Retirement System (TRS) to continue employment with his or her employer for a specific period
of time, while deferring a portion of his or her retirement allowance until the end of the
participation period, at which time the member withdraws from his or her service. Existing
law provides that participation in DROP is prohibited after March 24, 2011. This bill would
reopen participation in the DROP program and would further provide options for Tier I and
Tier II members to participate in DROP. A BILL TO BE ENTITLED AN ACT To amend Sections 16-25-150,
16-25-151, 36-27-170, and 36-27-171 of the Code of Alabama 1975, relating...
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