Alabama HB 498: 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.

Status: Pending third reading on day 22 Favorable from Ways and Means Education (as of 2018-03-20)

State: Alabama · Session: 2018rs · Bill: HB 498

Subjects: Retirement

Sponsors: Baker

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