Retirement Systems of Alabama; to provide a benefit increase for certain retirees of the Teachers Retirement System
Pending Committee Action in House of Origin
Summary
The bill adds a 4% increase to the monthly benefits of Teachers’ Retirement System retirees who retired before Oct. 1 2025, have at least 25 years of service, and earn $25,000 or less annually. It also extends the same increase to surviving beneficiaries of deceased retirees who meet the same service and benefit thresholds. The increase will only be paid if the required funding is appropriated each fiscal year.
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