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AL SB146

Bill

Official Source

Status

Introduced

2/1/2022

Primary Sponsor

Del Marsh

Click for details

Origin

Senate

Regular Session 2022

AI Summary

  • Amends Section 12-1-15 of the Code of Alabama 1975 to add a new subsection (d) prohibiting individuals retired under the Judicial Retirement Fund from accruing membership service in any retirement system while drawing retirement benefits.

  • Applies the prohibition to the Teachers' Retirement System, Employees' Retirement System, and the Judicial Retirement Fund, including the Judges' and Clerks' Plan and the District Attorneys' Plan.

  • Restricts membership service accrual only during the period when the retiree is actively drawing a retirement allowance from the Judicial Retirement Fund.

  • Becomes effective on the first day of the third month following passage and approval by the Governor.

Legislative Description

Retirement, person retired under Judicial Retirement Fund prohibited from accruing membership service in TRS, ERS, or Judicial Retirement Fund while drawing retirement allowance from Judicial Retirement Fund, Sec. 12-1-15 am'd.

Judicial Retirement Fund

Last Action

Read for the first time and referred to the Senate committee on Finance and Taxation Education

2/1/2022

Committee Referrals

Finance and Taxation Education2/1/2022

Full Bill Text

No bill text available