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.
“We are proud to be able to deliver these one-time bonuses for Alabama’s retired teachers and state employees,” senate president pro tem Greg Reed, R-Jasper, said in a statement. “The Senate’s commonsense, conservative fiscal approach has made these bonuses possible, and I’m grateful for the hard work of my colleagues in getting this important relief for retirees over the finish line on a bipartisan basis.”
Sen. Greg Albritton, R-Range, sponsored Senate Bill 111, which grants beneficiaries of the employees’ 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 teachers’ retirement system the same bonus of $2 per month for each year of employment.
“The 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,” senate majority leader Clay Scofield, R-Guntersville, said in a statement. “I 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.”