Digital Media Center
Bryant-Denny Stadium, Gate 61
920 Paul Bryant Drive
Tuscaloosa, AL 35487-0370
(800) 654-4262

© 2024 Alabama Public Radio
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Bills To Change Ala. Retirement Boards Stir Debate

Montgomery, AL – A partisan fight is brewing in the Alabama Legislature over bills that would restructure the boards that oversee the retirement funds for teachers and state employees.

The bills would give the majority of appointments to the two boards to the governor, the speaker of the House and the president pro-tem of the Senate - all Republicans. It would remove slots currently designated for teachers and for employees and retired employees.

The minority leader in the House, Democratic Rep. Craig Ford of Gadsden, says he sees the bills as an attempt to limit the influence of longtime Retirement Systems of Alabama CEO David Bronner and Alabama Education Association executive secretary Paul Hubbert.

The sponsor, Republican Rep. Phil Williams of Huntsville, said the intent is to put investment experts on the boards.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

News from Alabama Public Radio is a public service in association with the University of Alabama. We depend on your help to keep our programming on the air and online. Please consider supporting the news you rely on with a donation today. Every contribution, no matter the size, propels our vital coverage. Thank you.