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12-18-112
Section 12-18-112 Transfer of contributions and creditable service - District judge's
adjusted benefit formulas; spouse's benefits. In the event a member of the Judicial Retirement
Fund, who is a district judge, or a surviving spouse thereof, must employ and count creditable
service transferred under this article to qualify for retirement and/or benefits under the
fund, the benefits or allowances payable to such member or spouse shall be calculated as follows,
and shall be in lieu of any and all other rights, benefits and allowances, except social security
payments: (1) The annual service allowance payable to a retiring district judge shall be an
annual amount equal to the sum of: a. The amount which results when 90 percent of the retirement
benefits payable by the state to circuit judges on the date such district judge retires (as
is provided under Section 12-18-58) is multiplied by the ratio created when the member's
number of years of creditable service, excluding transferred...
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36-36-3
Section 36-36-3 Definitions. As used in this chapter, the following words and phrases
shall have the following respective meanings: (1) ALABAMA RETIRED EDUCATION EMPLOYEES' HEALTH
CARE TRUST. The Alabama Retired Education Employees' Health Care Trust created by the state
and the Public Education Employees' Health Insurance Board pursuant to this chapter. (2) ALABAMA
RETIRED STATE EMPLOYEES' HEALTH CARE TRUST. The Alabama Retired State Employees' Health Care
Trust created by the state and the State Employees' Insurance Board pursuant to this chapter.
(3) BOARDS. The State Employees' Insurance Board and the Public Education Employees' Health
Insurance Board. (4) DEPENDENTS. The spouse and dependent children, as defined by the rules
and regulations of the respective boards, of a retired employee who are covered by either
the Public Education Employees' Health Insurance Plan pursuant to Chapter 25A of Title 16,
as amended from time to time, or the State Employees' Health Insurance Plan...
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16-22-17
Section 16-22-17 Payroll deductions for participation in statewide programs. (a) When
used in this section, the following terms shall have the following meanings, respectively:
(1) EMPLOYEE. Any person employed full-time as provided by law by those employers enumerated
in this section and adult bus drivers. (2) EMPLOYER. All public city and county boards
of education; the Board of Trustees of the Alabama Institute for Deaf and Blind; the Alabama
Youth Services Department District Board in its capacity as the Board of Education for the
Youth Services Department District; the Board of Directors of the Alabama School of Fine Arts;
the Board of Trustees of the Alabama High School of Mathematics and Science; the State Board
of Education as applied to the payroll office of two-year postsecondary education institutions;
and the Board of Trustees of Alabama A and M University. (3) PROFESSIONAL ORGANIZATION or
ORGANIZATION. The employees' local professional organization representing the...
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16-25-11.6
Section 16-25-11.6 Purchase of credit for employment with school operated by Department
of Defense. (a) Any active and contributing member of the Teachers' Retirement System of Alabama
who was a regular employee of a school operated by the Department of Defense of the United
States of America and is now covered by the Teachers' Retirement System shall be eligible
to receive credit for such service provided that the member of the Teachers' Retirement System
claiming such credit shall have attained not less than 10 years of contributing membership
service credit exclusive of military service credit under the Teachers' Retirement System,
and provided further that such member performs and complies with the conditions prescribed
in subsection (b). (b) A member of the Teachers' Retirement System of Alabama eligible under
subsection (a) may receive credit for employment rendered to a school operated by the Department
of Defense of the United States of America as provided in subsection (a),...
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16-25-18
Section 16-25-18 Redetermination of allowances of certain retired members. (a) Any member
who retired prior to October 1, 1975 and who has served in the armed services, as described
in Section 16-25-3, shall be entitled to claim such full-time military service and
to have all retirement allowances due on or after October 1, 1975 redetermined as if the provisions
of said section, as amended, were in effect at the time such member retired; provided,
that such retired member pays into the Teachers' Retirement System, in a lump sum prior to
October 1, 1976, an amount equal to four percent of the average compensation which was paid
to a teacher during each claimed year of full-time military service, plus and together therewith,
eight percent interest compounded from the last date of such claimed military service; provided
further, that such retired member shall not receive membership service credit for more than
four years of military service and shall receive no credit for military service...
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5-19-4
Section 5-19-4 Additional charges for default or deferral; prepayment; renewal or refinancing;
real property transactions. (a) When a scheduled payment in a consumer credit transaction
is in default 10 days or more, the creditor may charge and collect a late charge not exceeding
the greater of eighteen dollars ($18) or five percent of the amount of the scheduled payment
in default, not to exceed one hundred dollars ($100). The late charge may be collected only
once on any scheduled payment, regardless of the period during which the scheduled payment
remains in default. (b) With respect to the deferral of one or more wholly unpaid scheduled
payments in a consumer credit transaction, in which the finance charge was determined by the
precomputed method, the creditor may collect, by agreement with the debtor either before or
after default, an additional charge for each full month that any wholly unpaid scheduled payments
are outstanding after the due date of each scheduled payment equal to...
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11-43-86
Section 11-43-86 Compensation of mayor, etc., of Class 1 municipality; mayor authorized
to attend certain meetings, etc.; applicability of section. (a) The mayor or other
chief executive officer of any Class 1 city shall be paid, in addition to the compensation
provided by law for the office, the additional sum of $1,833.33 per month, payable in advance
on the first day of each month as an allowance for expenses incident to the office of mayor,
for which the mayor shall not be required to file an accounting. (b) All other provisions
of law notwithstanding, the mayor may elect in writing to have the expense allowances authorized
by subsection (a) and by subsection (a) of Section 11-43-7.1 treated as subject to
withholding of any employee contribution required to be paid into the trust fund provided
under any pension or retirement system in which the mayor is eligible to participate. The
mayor may also elect in writing within 90 days of October 9, 1992 to pay into the pension
or...
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27-15-52
Section 27-15-52 Definitions. The following terms shall have the following meanings:
(1) COMMERCIALLY REASONABLE EFFORT. The plans, processes, or procedures necessary to confirm
the death of the insured, contract owner or annuitant, or retained asset account holder against
other available records and information and, as applicable, to locate the beneficiary or beneficiaries
or other person entitled to payment pursuant to the terms of the policy or contract which
have been developed by each insurer and submitted to and approved by the department. (2) CONTRACT.
An annuity contract. The term contract shall not include an annuity used to fund an employment-based
retirement plan or program where the insurer is not committed by terms of the annuity contract
to pay death benefits to the beneficiaries of specific plan participants. (3) DEATH MASTER
FILE. The United States Social Security Administration's Death Master File or any other database
or service that is at least as comprehensive as...
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27-34-30
Section 27-34-30 Life benefit certificate - Filing with commissioner; standard provisions.
(a) After January 1, 1973, no life benefit certificate shall be delivered, or issued for delivery,
in this state unless a copy of the form has been filed with the commissioner. (b) The certificate
shall contain in substance the following standard provisions or, in lieu thereof, provisions
which are more favorable to the member: (1) Title on the face and filing page of the certificate
clearly and correctly describing its form; (2) A provision stating the amount of rates, premiums,
or other required contributions, by whatever name known, which are payable by the insured
under the certificate; (3) A provision that the member is entitled to a grace period of not
less than a full month, or 30 days at the option of the society, in which the payment of any
premium after the first may be made. During such grace period the certificate shall continue
in full force, but in case the certificate becomes a...
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36-27-55.2
Section 36-27-55.2 Purchase of credit for prior service with State Economic Opportunity
Office. (a)(1) Any member of the Employees' Retirement System of Alabama shall be eligible
to receive up to 10 years of creditable service for service which was rendered between January
1, 1971, and December 31, 1983, as an employee of the State Economic Opportunity Office under
the Alabama Development Office, provided that the member of the retirement system claiming
the credit shall have attained not less than 10 years of contributing membership service credit,
exclusive of military service credit, under the Employees' Retirement System; and, provided
further, that the member performs and complies with the conditions prescribed in subdivision
(2). (2) A member of the Employees' Retirement System of Alabama eligible to purchase service
credit in the system under paragraph a. of this subdivision, may receive credit for the prior
service rendered as provided in subdivision (1), provided that as...
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