16-25-11.4
Section 16-25-11.4 Purchase of credit for prior service rendered as full-time employee in office
of clerk of circuit court or with Alabama State Employees Association. (a) Any acting and
contributing member of the Teachers' Retirement System of Alabama may elect to purchase credit
for prior service rendered as a full-time employee in the office of a clerk of the circuit
court in the State of Alabama or as a full-time employee with the Alabama State Employees
Association provided the member complies with the following conditions prescribed in this
section. (b) Any employee electing to purchase credit under subsection (a) of this section
shall pay to the Secretary-Treasurer of the Teachers' Retirement System within one year after
October 1, 1995, a lump sum payment equal to a percentage of the current annual salary or
final average compensation, whichever is greater, of the member. The applicable percentage
shall be the sum of the prevailing percentage rates of employer and member...
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16-25-11.7
Section 16-25-11.7 Purchase of credit by certain members employed as teachers in state public
schools regardless of manner in which salary was paid or source thereof. (a) Any person who
on October 1, 1990 was a member of the Teachers' Retirement System who was employed in a public
school in Alabama shall be entitled to receive credit for all service rendered in such public
school regardless of the manner in which the member's salary was paid or the source of funds
for such salary; provided, however, that this provision shall not apply to any person who
at the time of such service with a public school was also a student at the institution by
which he was employed. (b) Any person employed in the capacity set out in subsection (a) of
this section shall be entitled to receive credit for all service as a teacher rendered by
him provided that said person pays to the Secretary-Treasurer within one year from October
1, 1990 for each year of claimed service, a sum equal to a percentage of his...
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36-27-4
Section 36-27-4 Membership - Generally; denial of membership; absence from service; military
service. (a) The membership of the retirement system shall be composed as follows: (1) All
persons who shall become employees after October 1, 1945, shall become members of the retirement
system as a condition of their employment. (2) Any person who is an employee on October 1,
1945, shall become a member as of that date unless, within a period of 90 days next following,
such employee shall file with the Board of Control on a form prescribed by the board a notice
of his or her election not to be covered in the membership of the system and a duly executed
waiver of all present and prospective benefits which would otherwise inure to him or her on
account of his or her membership in the retirement system. (3) An employee whose membership
in the retirement system is contingent on his or her own election and who elects not to become
a member may thereafter apply for and be admitted to membership...
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36-27-41
Section 36-27-41 Employees for whom system reopened; payment of contributions. (a) Any employee
who was in service on October 1, 1974, whose membership in the Employees' Retirement System
of Alabama was contingent upon his own election and who elected not to become a member, may
apply for and be admitted to membership with all prior service credit, as otherwise provided
for in Article 1 of this chapter, at any time prior to October 1, 1976; provided, that said
employee pays to the Secretary-Treasurer of the Employees' Retirement System of Alabama on
or before October 1, 1976, a sum equal to the total contributions which he would have made
as a member during his service as an employee from October 1, 1945, or the date of entry of
his employing unit, to the date of his application for membership, plus compound interest
of eight percent on such contributions. (b) Any member in service on October 1, 1974, or any
retired member of the Employees' Retirement System of Alabama, who at one time...
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16-25-10.6
Section 16-25-10.6 Elected superintendent of education; cost of coverage; purchase of prior
service credit. Any person now serving as an elected superintendent of education in this state
may become a member of the Teachers' Retirement System of Alabama within 90 days after the
ratification of an amendment to the Constitution of Alabama 1901 allowing elected superintendents
of education to participate in the Teachers' Retirement System, subject to such rules and
regulations as may be promulgated by the Board of Control of said system. Any person hereafter
elected to serve as superintendent of education shall be deemed to be a "teacher"
as defined in Section 16-25-1 and shall be entitled to the benefits thereof. The employer
cost for coverage of such elected superintendents shall be paid as for other school employees.
Provided further, that such elected superintendents shall be entitled to purchase prior service
credit as a teacher or superintendent in such system under such rules,...
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36-27-48
Section 36-27-48 Purchase of prior service credits by certain active members; termination date.
(a) Whenever used in this section, all words and phrases defined in Section 36-27-1 shall
have the same meanings ascribed to them in such section, unless the context clearly indicates
that a different meaning is intended. (b) Any active and contributing member of the Employees'
Retirement System of Alabama or the Teachers' Retirement System of Alabama, who is an active
member of either system, and who has rendered eligible service to any employer covered under
either system, may hereby claim and purchase credit for any such prior service as an employee
of any such employer. Any active and contributing member of the Employees' Retirement System
of Alabama or the Teachers' Retirement System of Alabama, who is an active member of either
system, may claim and purchase up to four years' credit for United States military service.
(c) Any member eligible to claim and purchase credit for service...
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16-25-11.2
Section 16-25-11.2 Purchase of credit for legislative service; option to be exercised and paid
for by October 1, 1988. (a) Whenever used in this section, all words and phrases defined in
Section 36-27-1, shall have the same meanings ascribed to them in such section, unless the
context clearly indicates that a different meaning is intended. (b) Any active and contributing
member of the Teachers' Retirement System of Alabama who has been credited with at least 10
years of contributing membership service and, who has rendered full-time service as a legislative
employee may hereby claim and purchase credit for any such prior full-time legislative service
for which credit has not been granted in either the Teachers' or Employees' Retirement System.
(c) Any member eligible to claim and purchase credit for service under subsection (b) hereof,
shall be awarded such credit under the Teachers' Retirement System of Alabama provided he
shall pay to the Secretary-Treasurer of the Teachers'...
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11-86A-16
Section 11-86A-16 Application of proceeds from the sale of bonds; source of payment; pledge
of county's or municipality's credit; negotiability; exemption from taxation; pledge as security
for funds belonging to a public person; investment in bonds by fiduciaries; no public hearing
required; investment in bonds by Teachers' Retirement System of Alabama, the Employees' Retirement
System of Alabama, and the State Insurance Fund; investment in bonds by public persons. (a)
The proceeds from the sale of any bonds shall be applied as provided in the proceedings in
which the bonds are authorized to be issued, including, without limitation, the payment of
all legal, fiscal, and recording fees and expenses incurred in connection with the authorization,
sale, and issuance of the bonds and, if provided in the proceedings authorizing their issuance,
interest on the bonds (or if only a part of any issue of bonds is issued for acquisition purposes,
interest on that portion of the bonds of that issue...
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12-18-11
Section 12-18-11 Crediting to circuit court judges toward retirement of prior service for which
entitled to credit toward supernumerary status in position other than as circuit judge. Any
judge of a circuit court holding office on September 18, 1973 who is entitled to credit for
prior service toward earning supernumerary status in a position other than as a circuit judge
shall be entitled to have all such service credited toward retirement status under this article,
provided he does so within three years from September 18, 1973, by notifying the Supreme Court
in writing of the service for which he is at that time entitled to credit toward obtaining
supernumerary status and for which he desires credit toward retirement under the Judicial
Retirement Fund provided by this article. Upon receipt of such notice the Supreme Court shall
make a judicial determination of the amount of such credit to which such judge is entitled
and shall notify the board of control of the State Employees'...
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36-27-13
Section 36-27-13 Granting of credit for years served as member of Legislature; maximum credit;
payment of employee's contribution; applicability of provisions of section. (a) Any person
who, as of September 20, 1971, is a regular employee of the State of Alabama and is covered
or eligible to be covered under the state Employees' Retirement System and who, prior to such
regular employment, served as a member of the Legislature shall have credited to him one year
of creditable service for each year served as such legislator not to exceed eight years; provided,
that such person shall pay into the retirement system the employee's part of the cost or contribution
based on the salary and expenses paid to such person during the time of his legislative service,
with such cost or contribution to be calculated at the percent or rate in effect on September
20, 1971. (b) This section shall apply only to those persons who, at the time of their retirement,
have 10 or more creditable years of service...
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