The bill amends Sections 12-17-227.4 and 12-17-227.5 of the Code of Alabama 1975, specifically addressing the retirement benefits 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 a medical examination to certify total and permanent incapacity. Similar to the service retirement allowance, the disability retirement allowance is adjusted to four percent (4%) of the member's average final compensation and capped at seventy-five percent (75%). The bill further specifies that members with 18 or more years of service will also receive a disability retirement allowance of 75 percent of their average final compensation. The 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