Alabama HB312 revises retirement allowances for district attorneys under the Judicial Retirement Fund.
Alabama HB312 amends the District Attorneys' Plan for Retirement under the Judicial Retirement Fund. It revises the calculation of service retirement allowance and disability retirement allowance, and modifies the definition of "average final compensation." The bill sets the service retirement allowance at a percentage of the member's average final compensation, and limits the disability retirement allowance to a specified percentage of the same. The changes apply to district attorneys who have attained a certain number of years of membership service.
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