This Section Was Assigned by the Code Commissioner in the 2021 Regular Session, Effective August 1, 2021. This Is Not in the Current Code Supplement.

  1. Law
  2. Code of Alabama
  3. Education.
  4. Education Retirees' Trust Fund Funding Act of 2021
  5. This Section Was Assigned by the Code Commissioner in the 2021 Regular Session, Effective August 1, 2021. This Is Not in the Current Code Supplement.

Checkout our iOS App for a better way to browser and research.

Section 16-25D-2

THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2021 REGULAR SESSION, EFFECTIVE AUGUST 1, 2021. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.

The Legislature finds that it is advisable for the state to create an irrevocable trust whereby the state may begin funding periodic bonus checks for Alabama retired education employees. Therefore, the Teachers' Retirement System Board of Control shall create an irrevocable trust named the Education Retirees' Trust Fund in accordance with this chapter.

(Act 2021-464, §2.)


Download our app to see the most-to-date content.