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36-27-55
Section 36-27-55 Purchase of prior service credit by certain members with prior service in
Office of Agriculture Economics at Auburn University; cost; termination date. (a) Any acting
and contributing member of either the Teachers' or the Employees' Retirement System may elect
to purchase prior service credit for any full time employment he or she had in the Office
of Agriculture Economics at Auburn University, provided such person complies with the following
conditions prescribed in this section. (b) Any member eligible to claim and purchase such
credit for service under subsection (a) of this section shall be awarded creditable service
under either the Teachers' or the Employees' Retirement System, as the case may be, provided
he or she shall pay into his or her retirement system or fund, prior to said member's date
of retirement and prior to October 1, 1991, a sum equal to a percentage of his or her current
annual earnable compensation, or average final compensation, whichever is...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-55.htm - 1K - Match Info - Similar pages
36-27-58.1
Section 36-27-58.1 Purchase of credit for certain members away from work due to job-related
injury. (a) Notwithstanding any other laws, any active and contributing member of the Employees'
Retirement System of Alabama may purchase up to two years of service credit for the time he
or she was receiving benefits pursuant to the Alabama Workers' Compensation Act, commencing
with Section 25-5-1, and was absent from work due to a work related and compensable injury;
provided that the member returned to work with his or her covered employer within one year
following cessation of workers' compensation benefits. The Board of Control of the Employees'
Retirement System shall adopt rules and regulations for the administration of this section
including verification of the service that the member desires to purchase credit for in the
system. The member shall receive credit for the service when he or she remits to the system
the contributions required by subsection (b). Notwithstanding the foregoing...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-58.1.htm - 1K - Match Info - Similar pages
45-37-123.82
Section 45-37-123.82 Employee contributions. (a) Employee contributions generally. As a condition
of employment and of accruing benefits under the plan, each member shall contribute six percent
of such member's compensation to the plan. The employee contributions shall be after tax,
or if approved by the pension board such employee contributions shall be pre-tax and treated
as "picked-up" and contributed by the county to the plan pursuant to Section 414(h)(2)
of the Internal Revenue Code. The county shall process such employee contributions each payroll
period and the aggregate amount shall be deposited in the trust fund. Employee contributions
shall begin on the member's first paycheck after a member becomes eligible for membership
in the system as provided for in Section 45-37-123.50. In the event that the county fails
to withhold any employee contributions, the county may withhold such amounts, whether treated
by the county as after-tax contributions or treated as "picked-up"...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-123.82.htm - 1K - Match Info - Similar pages
45-37A-51.138
Section 45-37A-51.138 Legislative reports. (a) In addition to periodic actuarial valuations
of the fund which the board may from time to time require, the board, upon request, shall
transmit to each member of the Alabama House of Representatives representing the county or
any part thereof, and to each member of the Alabama Senate from every senatorial district
within the county, or partly within the county, an actuarial analysis of the system as of
the end of the city's fiscal year immediately preceding the report specifically answering
the following questions: (1) Are the contributions to the fund sufficient to pay the benefits
provided herein? If not, what additional contributions are necessary? (2) Are the benefits
provided herein sufficient in amount to consume the contributions required herein, or are
they as large as to render the fund insolvent; and in the event of the finding of either contingency,
what adjustments should be made? (3) What provision should be made either in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.138.htm - 2K - Match Info - Similar pages
12-18-8.1
Section 12-18-8.1 Time of service as full-time state prosecutor, etc., may be credited as time
in judicial position with Judicial Retirement System. Any justice of the Supreme Court or
judge of one of the courts of appeals or any circuit court judge holding office on or before
June 1,1976, who has time of service as a full-time state prosecutor or assistant state prosecutor
in any circuit of the state, or who had time of service as an attorney for the State Milk
Control Board, shall be entitled to have such time of service, regardless of whether or not
such time of service was continuous, treated as time of service in the judicial position he
holds on or before June 1, 1976, with the Judicial Retirement System; provided, however, that
such time of service does not exceed five years; provided also that such justice or judge
shall pay into the Judicial Retirement Fund of Alabama a sum equal to six percent of his then
annual salary for each year of such service that he elects to count...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-18-8.1.htm - 1K - Match Info - Similar pages
16-25C-2
Section 16-25C-2 Definitions. As used in this chapter, the following terms have the following
meanings: (1) BOARD. The Board of Control of the Public Education Employees' Defined Contribution
Savings Fund. (2) ELIGIBLE EMPLOYER. An employer or other entity who compensates a participant
for the public service. (3) FUND. The Public Education Employees' Defined Contribution Savings
Fund. (4) PARTICIPANT. A person who elects to participate in the fund who makes voluntary
employee contributions into a 457 deferred compensation plan or a 403(b) tax sheltered annuity
plan and who is a member of the Teachers' Retirement System. (Act 2001-704, p. 1562, ยง2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25C-2.htm - 1003 bytes - Match Info - Similar pages
36-21-195
Section 36-21-195 Effect of modifications; coverage for retired members upon return to active
service. (a) All rights, annuities, and benefits provided herein shall be subject to future
change by the Legislature, and subject to future changes or revisions as provided in this
article, and no current or future member or beneficiary shall be deemed to have any vested
right in the fund or to any annuity or benefit provided in this article. However, when the
board has approved a member's application for a retirement annuity or benefit and the member
has actually received benefits pursuant to the board's determination for a period of two years,
then the board's determination as to the member's years of qualified service shall be conclusive,
and the board shall not thereafter arrive at a different determination except in the case
of fraud or misrepresentation of any fact by the applicant. (b) Any member who is receiving
retirement benefits and returns to active fire fighting shall be covered...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-21-195.htm - 1K - Match Info - Similar pages
36-27-21.4
Section 36-27-21.4 Cost-of-living increase for persons whose date of retirement is prior to
October 1, 1984; funding; eligibility where Medicaid eligibility would be impaired. (a)(1)
There is hereby provided, commencing October 1, l985, to each person, whose effective date
of retirement for purposes of receiving benefits from the Teachers' Retirement System, is
prior to October 1, 1984, and who is receiving an allowance therefrom, a cost of living increase
of $2.00 per month for each year of creditable service attained by said retired member. (2)
There is hereby provided, commencing October 1, 1985, to each person, whose effective date
of retirement for purposes of receiving benefits from the Employees' Retirement System, is
prior to October 1, 1984, and who is receiving benefits therefrom, a cost of living increase
of $2.00 per month for each year of creditable service attained by said retired member provided
that only those retired members of the Employees' Retirement System whose...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-21.4.htm - 4K - Match Info - Similar pages
36-27-56
Section 36-27-56 Granting of credit for service as county solicitor - Sum to be paid into retirement
system to purchase credit for service. (a) Any active and contributing member of any member
unit of the State of Alabama retirement systems who has been such a member for at least one
year may hereby claim and purchase credit in his or her respective member unit of the State
of Alabama retirement systems for service rendered to any county government as a county solicitor.
Such retirement systems member shall be allowed to purchase such prior service for a period
of prior service time not to exceed eight years' total service as county solicitor. (b) Any
member eligible to claim and purchase credit for such county service under subsection (a)
shall be awarded such credit under such member unit of the Retirement Systems of Alabama provided
he or she shall pay into his or her respective retirement system fund prior to said member's
date of retirement and not later than October 1, 1993, a...
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45-40-80.02
Section 45-40-80.02 Supplemental retirement benefit. (a) The circuit and district court judges
of the Thirty-sixth Judicial Circuit who are holding office on May 29, 1984, shall have six
months from May 29, 1984, to make an election, in writing, with the county commission of the
county comprising the circuit to come within this section. Each circuit and district court
judge appointed or elected to office in the Thirty-sixth Judicial Circuit after May 29, 1984,
shall come under this section as a matter of law. (b) Each circuit and district court judge
coming under this section shall contribute annually to the county treasury of the county comprising
the Thirty-sixth Judicial Circuit six percent of his or her annual salary supplement derived
from the county. Such percentage shall be payable in equal monthly installments and shall
be deducted by the county treasurer from the judge's salary supplement and credited to an
individual account of the judge from whose salary supplement it was...
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