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AL SB145
Bill
AI Summary
SB145 Summary
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Transfers employer contribution responsibility for probate judges' judicial retirement from the state to individual counties beginning October 1, 2013.
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Requires counties to pay monthly "normal contributions" and "accrued liability contributions" plus administrative expenses for the Judicial Retirement Fund, with percentages determined annually by the fund's actuary.
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Maintains probate judges' employee contribution rates at 8.5% of salary (as of October 1, 2012) paid into the Judicial Retirement Fund.
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Amends Code of Alabama 1975, Sections 12-18-1, 12-18-3, and 12-18-82 to implement these changes.
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Requires enactment by two-thirds legislative vote due to creating new local expenditure requirements under Alabama Constitutional Amendment 621, or the state must appropriate funds or provide revenue sources to affected counties.
Legislative Description
Judges of Probate, judicial retirement, contributions by counties for the employer's share, Secs. 12-18-1, 12-18-3, 12-18-82 am'd.
Judge, Probate
Last Action
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
2/6/2013