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AL SB214
Bill
AI Summary
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Members of the Employees' Retirement System, Teachers' Retirement System, or Judicial Retirement Fund must forfeit the employer-paid portion of retirement benefits and all interest or gains on that portion upon a guilty plea, no contest plea, or final conviction of a felony offense related to performance of official duties.
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Forfeiture applies to active members, inactive members with accrued benefits, and retired members in any court jurisdiction including Alabama courts, other state courts, or United States federal court.
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Officers and employees of the three retirement systems are granted immunity from civil or criminal liability for actions taken to implement this act.
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The act's provisions are severable, meaning if any portion is found invalid or unconstitutional, the remainder remains in effect.
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The act becomes effective immediately upon passage and approval by the Governor or upon otherwise becoming law.
Legislative Description
Employees' Retirement System, Teachers' Retirement System, or Judicial Retirement Fund, certain active or retired members, forfeiture of employer-paid portion and interest thereon of retirement benefits upon conviction of certain felony offenses, immunity from civil or criminal liability for retirement systems officers and employees for certain actions taken
Employees' Retirement System
Last Action
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
2/7/2012