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AL HB405
Bill
Status
2/4/2014
Primary Sponsor
Kurt Wallace
Click for details
AI Summary
HB405 Summary
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Amends Section 25-4-78 of the Alabama Code to clarify pension offset rules for unemployment compensation benefits beginning on or after April 26, 1982.
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Reduces unemployment benefits only when pension payments are made under a plan that is maintained or contributed to by a base period employer, is 100 percent employer-financed, and receives no worker contributions.
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Applies the same three-part test (base period employer, 100 percent employer-financed, no worker contributions) to retroactive pension payments awarded to individuals who received unemployment benefits.
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Requires recovery of unemployment benefits paid during any period when retroactive pension payments are awarded, but only if the pension plan meets all three specified criteria.
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Becomes effective on the first day of the third month following passage and approval by the Governor.
Legislative Description
Labor, unemployment, unemployment compensation, amount of benefits payable reduced if individual receives or is eligible to receive pension payments from a plan maintained or contributed to solely by employer, retroactive pension payments considered disqualification if payments made from a plan maintained or contributed to solely by employer, Sec. 25-4-78 am'd.
Labor
Last Action
Indefinitely Postponed
4/1/2014