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AL HB358
Bill
Status
2/9/2021
Primary Sponsor
Allen Treadaway
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AI Summary
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Amends Section 45-37-123.54 of the Code of Alabama 1975 to eliminate pension benefit reductions for Jefferson County General Retirement System members who are reemployed by the county two or more years after severing employment.
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Establishes that members receiving pension benefits reemployed less than two years after severance will have benefits reduced by amounts paid by the county, but this reduction ends when the member severs employment again or completes two or more years of reemployment.
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Specifies that reemployed members covered under these provisions do not accrue additional pension benefits during their period of reemployment.
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Repeals Section 45-37-123.105 of the Code of Alabama 1975, which previously allowed for offset of retirement or disability benefits, including worker's compensation, for retired members reemployed by the county.
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Takes effect immediately upon passage and approval by the Governor or upon becoming law.
Legislative Description
Jefferson Co., retirement system for county employees, reemployment with county, benefits not reduced if reemployed two years after retirement or after two years of reemployment, certain provisions for reduction amended and repealed, Sec. 45-37-123.54 am'd; Sec. 45-37-123.105 repealed
Jefferson County
Last Action
Read for the first time and referred to the House of Representatives committee on Jefferson County Legislation
2/9/2021