This bill authorizes the City of Tuscaloosa to join the Employees' Retirement System of Alabama for its police and firefighter employees. It allows for the transfer of assets and liabilities from the existing Tuscaloosa Police and Firefighters Retirement Plan to the Employees' Retirement System of Alabama. The bill also establishes different tiers of plan participants based on the date of participation in the City of Tuscaloosa Police and Firefighters Retirement Plan. The provisions of this bill will become effective on the first day of the third month following its passage and approval by the Governor or its otherwise becoming law.

Statutes affected:
Introduced: 36-27-6
Enrolled: 36-27-6