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AL SB291

Bill

Status

Introduced

3/9/2017

Primary Sponsor

Bobby Singleton

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Origin

Senate

Regular Session 2017

AI Summary

SB291 Summary

  • Allows designated beneficiaries other than spouses to receive benefits from the Clerks' and Registers' Supernumerary Fund upon a supernumerary official's death, receiving 100 percent of contributions plus 75 percent of accrued interest.

  • Permits supernumerary officials to change their beneficiary designation (spouse or other named beneficiary) following the process and procedure of the Employees' Retirement System of Alabama.

  • Allows circuit clerks and registers to opt out of fund participation and receive 100 percent of their contributions plus 75 percent of accrued interest.

  • Makes participation in the Clerks' and Registers' Supernumerary Fund optional rather than mandatory by changing "shall" to "may" for officials electing to contribute.

  • Directs remaining fund balances after all participant obligations are satisfied to revert to the Administrative Office of Courts for the benefit of Court Specialists statewide.

Legislative Description

Beneficiaries, permit Supernumerary Circuit Clerk or Register to change beneficiary, seek refund under certain circumstances, Secs. 12-17-142, 12-17-143 am'd.

Beneficiaries

Last Action

Indefinitely Postponed

5/17/2017

Committee Referrals

Finance and Taxation General Fund3/9/2017

Full Bill Text

No bill text available