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AL SB210
Bill
AI Summary
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Prohibits individuals retired under the Judicial Retirement Fund from accruing membership service in the Teachers' Retirement System, Employees' Retirement System, or the Judicial Retirement Fund (including Judges' and Clerks' Plan and District Attorneys' Plan) while drawing a retirement allowance.
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Prohibits individuals retired under the Teachers' Retirement System or Employees' Retirement System from accruing membership service in the Judicial Retirement Fund (including Judges' and Clerks' Plan and District Attorneys' Plan) while drawing a retirement allowance from any Retirement Systems of Alabama plan.
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Applies only to future retirees; exempts any individual already drawing a retirement allowance from the Teachers' Retirement System, Employees' Retirement System, or Judicial Retirement Fund on the effective date of this act.
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Becomes effective on the first day of the third month following passage and approval by the Governor.
Legislative Description
Retirement, person retired under a retirement plan within the Retirement Systems of Alabama, prohibited from accruing membership service in another retirement plan within the system, 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
2/10/2022