Bill Title: Relating to the Retirement Systems of Alabama; to provide for an annualized benefit adjustment procedure for the funding of future benefit increases to retirees of the State Employees' Retirement System and the Teachers' Retirement System which will not increase the unfunded liability of either system due to the provisions which require the actual annual cost of any increase to be authorized and funded one year at a time with no authorization or liability for the benefit increase beyond the fiscal year for which the appropriations are made.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2023-05-11 - Introduced and Referred to Senate Finance and Taxation Education [SB310 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2023-05-11	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Alabama SB310

Supplemental Documents

Title	Description	Date	Format	Source	View
Fiscal Note	As Introduced	Not Avail	PDF	Link	View