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Bill Title: Retirement of members of the Teachers' Retirement System and the Employees' Retirement System who elect to receive a reduced retirement allowance, additional option of electing to receive a partial lump-sum distribution as a single payment, provided for under certain conditions, Secs. 16-25-14 & 36-27-16 am'd.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2018-03-20 - Pending third reading on day 22 Favorable from Ways and Means Education [HB498 Detail]

Download: Alabama-2018-HB498-Introduced.pdf

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