Gov. Kay Ivey is expected to soon sign two bills into law that will give lump-sum bonuses to retired state employees and teachers after lawmakers in both the state House and Senate approved the bills.
โWe are proud to be able to deliver these one-time bonuses for Alabamaโs retired teachers and state employees,โ senate president pro tem Greg Reed, R-Jasper, said in a statement. โThe Senateโs commonsense, conservative fiscal approach has made these bonuses possible, and Iโm grateful for the hard work of my colleagues in getting this important relief for retirees over the finish line on a bipartisan basis.โ
Sen. Greg Albritton, R-Range, sponsored Senate Bill 111, which grants beneficiaries of the employeesโ retirement system a longevity bonus of $2 per month for each year of employment.
Sen. Bobby Singleton, D-Greensboro, introduced Senate Bill 30, which grants beneficiaries of the teachersโ retirement system the same bonus of $2 per month for each year of employment.
โThe challenges brought upon by the Covid-19 pandemic and record-high inflation rates have created several hardships for many Alabamians, especially those individuals who are living on fixed incomes,โ senate majority leader Clay Scofield, R-Guntersville, said in a statement. โI am pleased that my colleagues in the Senate pushed these important efforts to provide timely relief and support to those who are struggling to make ends meet.โ
