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AL HB377
Bill
Status
5/17/2017
Primary Sponsor
Allen Treadaway
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AI Summary
HB377 Summary
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Amends Section 36-27-24 of the Code of Alabama 1975 to remove the separate calculation of employer contribution percentage rates for state policemen to the Pension Accumulation Fund.
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State policemen's employer contributions will now be calculated using the same methodology as all other state employees in the State Employees' Retirement System, rather than being calculated separately.
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Becomes effective on the first day of the third month following passage and approval by the Governor.
Legislative Description
Employees' Retirement System, state law enforcement officers, separate calculation for employer contribution to Pension Accumulation Fund removed, Sec. 36-27-24 am'd.
Employees' Retirement System
Last Action
Delivered to Governor at 10:26 a.m. on May 17, 2017.
5/17/2017