The bill amends Sections 12-17-227.4 and 12-17-227.5 of the Code of Alabama 1975, specifically addressing the retirement provisions for members of the District Attorneys' Plan under the Judicial Retirement Fund. Key changes include the revision of the retirement age from simply "age 62" to "62 years of age," and an increase in the pension calculation from three percent (3%) to four percent (4%) of a member's average final compensation multiplied by their years of service. Additionally, the maximum service retirement allowance is reduced from eighty percent (80%) to seventy-five percent (75%) of the member's average final compensation, with a stipulation that members with 18 or more years of service will receive a retirement allowance equal to 75 percent of their average final compensation.
The bill also modifies the provisions for disability retirement allowances, maintaining the requirement for members to have 10 or more years of service and to be certified as totally and permanently incapacitated. Similar to the service retirement allowance, the disability retirement allowance is adjusted to four percent (4%) of the member's average final compensation, with the maximum allowance also capped at seventy-five percent (75%). The bill includes provisions for annual medical examinations for disability beneficiaries under 62 years of age, with consequences for non-compliance. This act is set to take effect on October 1, 2026.
Statutes affected: Introduced: 12-17-227, 12-17-227, 12-17-227, 12-18-150