Alabama Statutes
§ 36-27E-2 — Legislative Findings
Alabama·Title 36 Public Officers and Employees·Ch. 27E State Employee Retirees’ Trust Fund Funding Act of 2022
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 state employees. Therefore, the State Employees’ Retirement System Board of Control shall create an irrevocable trust named the State Employee Retirees’ Trust Fund in accordance with this chapter.
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Legislative History
(Act 2022-349, §2.)