The State of Alabama has enacted new legislation that will increase the amount of money Tier 2 members are required to contribute to their TRS retirement plans in the new fiscal year and also enable those members to convert sick leave to retirement service credit. Tier 2 members are those who did not participate in the Teachers Retirement System prior to January 1, 2013. Effective Oct. 1, the amount will increase to 6.2% from 6% for Tier 2 employees.
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— Posted June 14, 2021