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11-40-17
Section 11-40-17 Minimum monthly retirement and survivor's benefits in Class 1 municipalities.
In all Class 1 municipalities, notwithstanding any provision to the contrary in any section
of Article VI of Act No. 929, S. 676, Regular Session 1951 (Acts 1951, p. 1579), as amended,
any benefit payable on a monthly basis to a participant or retiree under Act No. 929, S. 676,
Regular Session 1951 (Acts 1951, p. 1579), as amended, shall not be of an amount less than
$400.00 per month, and any survivor's or spouse's benefit payable on a monthly basis shall
not be of an amount less than $160.00 per month. (Acts 1987, No. 87-227, p. 325, ยง1.)...
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11-40-18.1
Section 11-40-18.1 Minimum benefits under certain policemen's and firemen's pension and relief
plans. Notwithstanding any other laws, in Class 1 municipalities, any benefit payable on a
monthly basis to a participant or retiree under the Policemen's Pension and Relief Fund provided
by Act No. 502 of the 1923 Session of the Legislature, as amended, the Firemen's Pension and
Relief Fund provided by Act No. 307 of the 1943 Session of the Legislature, as amended, the
Separate Policemen's Retirement and Relief System provided by Act No. 470 of the 1955 Regular
Session of the Legislature, as amended, or the Separate Firemen's Pension and Relief System
provided by Act No. 217 of the 1966 Special Session of the Legislature, as amended, shall
be in an amount not less than five hundred fifty dollars ($550) per month, and any survivor's
or spouse's benefit payable therefrom on a monthly basis shall be in an amount not less than
three hundred twenty dollars ($320) per month. (Acts 1994, No....
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11-40-18
Section 11-40-18 Minimum benefits under certain policemen's and firemen's pension and relief
plans. In all Class 1 municipalities, notwithstanding any provision of law to the contrary,
any benefit payable on a monthly basis to a participant or retiree under the Policemen's Pension
and Relief Plan provided by Act No. 502 of the 1923 Session of the legislature of Alabama,
as amended or codified; the Firemen's Pension and Relief Plan provided by Act No. 307 of the
1943 Session of the legislature of Alabama, as amended (General Acts of Alabama of 1943, p.
264); the Limited Policemen's Retirement and Relief System provided by Act No. 470 of the
1955 Regular Session of the legislature of Alabama, as amended (Acts of Alabama of 1955, p.
1067); and Limited Firemen's Pension and Relief System provided by Act No. 217 of the 1966
Special Session of the legislature of Alabama, as amended (Acts of Alabama, Special Session
1966, p. 280) shall not be of an amount less than $400.00 per month, and any...
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11-40-17.2
Section 11-40-17.2 Inclusion of longevity component in monthly salary used to calculate extraordinary
disability benefits in Class 1 municipalities. (a) The Legislature finds that in all Class
1 municipalities some recipients of extraordinary disability benefits awarded prior to May
23, 1977, did not have a longevity component included in the monthly salary used to calculate
their extraordinary disability benefit and hereby intends to remedy that omission. (b) In
all Class 1 municipalities, notwithstanding any provision to the contrary in any section of
Article VI of Act No. 929, S. 676, Regular Session 1951, as amended, all recipients of extraordinary
disability benefits whose longevity payment received during the year prior to their disability
was not included in the amount of monthly salary used in the calculation of the extraordinary
disability benefit shall receive an increase in the monthly benefit of 70 percent of one-twelfth
of the total longevity payment received during the...
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16-25-21
Section 16-25-21 Method of financing. Effective October 1, 1997, all the assets of the retirement
system shall be credited according to the purpose for which they are held among three funds,
namely: The Annuity Savings Fund, the Pension Accumulation Fund, and the Expense Fund. The
operation of the former Pension Reserve Fund and the Annuity Reserve Fund shall be discontinued
as of such date, the balance of the former Pension Reserve Fund shall be transferred to the
Pension Accumulation Fund, and the balance of the former Annuity Reserve Fund shall be transferred
to the Pension Accumulation Fund. (1) The Annuity Savings Fund shall be a fund in which shall
be accumulated contributions from the compensation of members to provide for their annuities.
Contributions to and payments from the Annuity Savings Fund shall be made as follows: a. Each
employer shall cause to be deducted from the salary of each member on each and every payroll
of such employer for each and every payroll period five...
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11-40-17.3
Section 11-40-17.3 Retroactive Deferred Retirement Option Plan. (a) This section shall apply
to Class 1 municipalities only. (b) There is established a Retroactive Deferred Retirement
Option ("Back Drop") Plan for any retirement and relief system established pursuant
to Act 1272, 1973 Regular Session (Acts 1973, p. 2124), as amended. A participant who retires
at least 90 days following July 1, 2002, who has then completed at least 23 years of credited
service, and who is otherwise entitled to retire and receive a normal retirement benefit,
shall have the opportunity to elect a Back Drop plan. A participant eligible for the Back
Drop plan can elect in writing at his or her retirement to retroactively drop his or her credited
service in excess of 20 years, for a period of months not exceeding 36 months immediately
preceding the date of retirement (the "Back Drop period"); provided that the beginning
of the Back Drop period may not extend past the earliest date on which the participant...
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45-37A-51.243
Section 45-37A-51.243 Supplemental benefit. (a) In addition to the benefits described herein
for normal retirement, ordinary disability, and extraordinary disability, every participant
retired from city service or receiving a disability benefit immediately following having been
in the city service, which participant did not have active city service after July 1, 1989,
did not retire after July 1, 1990, or did not otherwise become eligible for a benefit calculated
at 2.25 percent, per year after July 1, 1990, shall have received after three years of retirement
or disability under this system an increase in monthly benefit in the amount of one hundred
fifty dollars ($150). Present and future surviving spouses or the survivors of the retirees,
who are not entitled to the 2.25 percent of the final average salary, shall have received
a monthly benefit increase in the amount of the percent of the one hundred fifty dollars ($150)
the surviving spouse or the survivor would normally be entitled...
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45-49A-61
Section 45-49A-61 Supplemental retirement benefits. (a) This section shall apply in all cities
in this state which have a population of not less than 175,000 nor more than 275,000 according
to the last or any subsequent federal decennial census. (b)(1) All employees of any such city
(except members of the police or fire departments thereof) who have heretofore been covered
by the benefits established by the provisions of Acts 1951, No. 773, Regular Session 1951
(Acts 1951, p. 1342), as amended, and who by action of the city commission or like governing
body of such city become eligible to participate in the state employees pension plan, shall
be entitled to receive the following benefits from the city, to be calculated as of the effective
date of becoming eligible to participate in the state employees pension plan: a. Any employee
eligible for retirement, upon retiring or otherwise leaving the employ of such city and becoming
eligible to receive retirement benefits under Act 773, shall...
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40-2A-10
Section 40-2A-10 Confidentiality, disclosure, and exchange of tax returns and tax information.
THIS SECTION WAS AMENDED BY ACT 2019-101 IN THE 2019 REGULAR SESSION, EFFECTIVE MAY 6, 2019.
THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) Except as otherwise provided in this section,
it shall be unlawful for any person to print, publish, or divulge, without the written permission
or approval of the taxpayer, the return of any taxpayer or any part of the return, or any
information secured in arriving at the amount of tax or value reported, for any purpose other
than the proper administration of any matter administered by the department, a county, or
a municipality, or upon order of any court, or as otherwise allowed in this section. Statistical
information pertaining to taxes may be disclosed at the discretion of the commissioner or
his or her delegate to the legislative or executive branch of the state. Upon request, the
commissioner or his or her delegate may make written disclosure as...
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45-37-123.01
Section 45-37-123.01 Definitions. For the purposes of this part, the following terms shall
have the following meanings: (1) ACT. The act adding this part, to be called the General Retirement
System for Employees of Jefferson County Act. (2) ACTIVE MEMBER. An individual who currently
is employed by the county or other entities set forth in subdivision (20) and is making employee
contributions to the system. (3) ACTUARIAL EQUIVALENT. Effective July 30, 1984, or such other
dates as set forth in Exhibit A, which is maintained in the office of the pension board, a
form of benefit differing in time, period, or manner of payment from a specific benefit provided
under the plan but having the same value when computed using the mortality tables, the interest
rate, and any other assumptions last adopted by the pension board, which assumptions shall
clearly preclude any discretion in the determination of the amount of a member's benefit.
(4) ACTUARIAL GAIN. As defined in Section...
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