Alabama Statutes

§ 16-25D-2 — Legislative Findings

Alabama·Title 16 Education·Ch. 25D Education Retirees’ Trust Fund Funding Act of 2021
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.

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Legislative History

(Act 2021-464, §2.)

Nearby Sections

15
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