Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/36-27-192.htm |
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Depth: | 0 singles |
Size: | 1,246 bytes |
Modified: | 2007-11-05 13:52:06 |
Categories: | -None- |
Title: | 36-27-192 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 36-27-192 Amount of increase - Persons whose employer participated in Employees' Retirement System. Commencing October 1, 2005, each person whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective date of retirement for purposes of receiving benefits from the Employees' Retirement System is prior to October 1, 2004, and who is receiving a monthly allowance or is eligible to receive a monthly allowance from the Employees' Retirement System, shall receive a cost-of-living increase as described in Section 36-27-190. Beneficiaries of deceased members or deceased retirees of employers participating in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, shall receive a cost-of-living increase of four percent in their gross monthly benefit, but not less than fifteen dollars ($15) per month. (Act 2005-316, 1st Sp. Sess., p. 766, ยง7.) |