12-18-8.3
Section 12-18-8.3 Restoration of prior creditable service; participation in other public retirement systems. Notwithstanding any other provisions in this chapter, any judge who is currently a member of the Judicial Retirement Fund or who becomes a member of the Judicial Retirement Fund at a future date, who had previously withdrawn his or her funds from the Judicial Retirement Fund or whose account had been terminated due to a five-year absence shall have restored to him or her all creditable service if the judge completes two years of contributing membership service after he or she again becomes a member of the retirement fund and subsequently repays to the Secretary-Treasurer of the Judicial Retirement Fund the amount previously returned to him or her including compounded interest of eight percent to the date of repayment, prior to the date of retirement of the member. Notwithstanding the foregoing provisions, any member who elects to purchase credit for withdrawn service shall be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-18-8.3.htm - 2K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.4.htm - 2K - Match Info - Similar pages
36-21-180
Section 36-21-180 Definitions. When used in this article, the following words and phrases shall have the following meanings, respectively, unless the context clearly indicates otherwise: (1) BOARD. The board of commissioners of the fund and any successors thereto. (2) ERS. The Employees' Retirement System of Alabama. (3) EXECUTIVE DIRECTOR. The executive director of the board. (4) FIREFIGHTER. Any firefighter as certified by the Alabama Firefighters Personnel Standards and Education Commission. The term also includes any volunteer firefighter who is a member of a certified volunteer fire department under Section 9-3-17. (5) FUND. The Alabama Firefighters Annuity and Benefit Fund created in this article. (6) MEMBER. Any firefighter who is a member of the fund and who is in good standing by virtue of having paid all sums required by this article. (7) MEMBERSHIP SERVICE. The period of employment of a member as a firefighter from the date he or she becomes a member. (8) MONTH. A period of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-21-180.htm - 1K - Match Info - Similar pages
36-27-101
Section 36-27-101 Eligibility; amount of payment and credit. Each part time employee of the Legislature of Alabama who is eligible and has elected to participate in the State of Alabama Employees' Retirement System shall be eligible to pay into the State of Alabama Employees' Retirement System up to one half or 50 percent of the amount of money the part time employee has previously contributed into the fund. Upon paying up to one half or 50 percent of the money the part time employee has previously contributed into the State of Alabama Employees' Retirement Fund, the legislative employee shall receive a credit proportional to his or her payment of up to one half or 50 percent in addition [additional] retirement credit in years and months from the State of Alabama Employees' Retirement System. Any employee may elect to pay an amount into the state Employees' Retirement Fund of less than 50 percent or one half of his or her total part time retirement contribution previously paid and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-101.htm - 1K - Match Info - Similar pages
36-27-6.1
Section 36-27-6.1 Participation of employees of counties, towns, public or quasi-public organizations, etc. - Purchase of service credit. Any public official authorized by local constitutional amendment to participate in the Employees' Retirement System of Alabama and to purchase service credit in the retirement system for the time the official has served in the office he or she is holding at the time of ratification of the amendment may purchase the service credit provided such official has not previously received credit for the requested service in any other public pension fund by paying to the Secretary-Treasurer of the Employees' Retirement System a sum equal to the total contributions which he or she would have made had he or she been authorized to participate during his or her tenure in office plus eight percent interest on such total contributions compounded annually from the date of the service. This section shall apply to local constitutional amendments ratified prior to and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-6.1.htm - 1K - Match Info - Similar pages
12-17-227.3
Section 12-17-227.3 (Effective November 8, 2016, subject to contingencies) Transfer of membership service and accumulated contributions. (a) Any active and contributing member of the District Attorneys' Plan who, not more than one year prior to becoming a member of the plan was a member of the Employees' Retirement System of Alabama or the Teachers' Retirement System of Alabama, may elect to transfer his or her membership service and accumulated contributions in the Employees' Retirement System or the Teachers' Retirement System to the District Attorneys' Plan. (b) Any active and contributing member desiring to transfer any membership service and accumulated contributions under subsection (a) shall notify the Board of Control of the Employees' Retirement System of his or her election to transfer membership service and shall authorize the transfer of the amount of his or her accumulated contributions to his or her credit in the Employees' Retirement System or Teachers' Retirement System...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-17-227.3.htm - 2K - Match Info - Similar pages
33-1-5.1
Section 33-1-5.1 Retirement plans for employees of Alabama State Port Authority. (a) The Alabama State Port Authority may establish and fund retirement plans for various employees of the Alabama State Port Authority including but not limited to those employees who are employed by the port authority under Section 36-26-19, those employees who are "exempt" under Section 36-26-19, those employees who are employed by the port authority under Section 33-1-16 as locomotive engineers, locomotive firemen, switchmen, and switch engine foremen, and hostlers engaged in the operation of the terminal railroads provided for by said section, and those employees of the port authority who are not otherwise covered under the State Employees' Retirement System and pay the costs of the establishment and funding of the retirement plans from the revenues of the port authority. (b) The retirement plans and benefits shall be in amounts as defined in individual labor contracts and deemed appropriate and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-1-5.1.htm - 4K - Match Info - Similar pages
16-25-11.18
Section 16-25-11.18 Purchase of credit for prior service with United States Civil Service. (a) Any active and contributing member of the Teachers' Retirement System or the Employees' Retirement System may elect to purchase prior service credit in the system for employment that the member had with the United States Civil Service at any military base of the United States or as a graduate teaching assistant or graduate research assistant at any public college or university in Alabama, if the employment service occurred prior to January 1, 1976, and if the member complies with the conditions prescribed in subsection (b). (b) Any member eligible to claim and purchase the service credit pursuant to subsection (a) shall be awarded creditable service with the Teachers' Retirement System or Employees' Retirement System on the basis of one twelfth of a year for each month or portion of month of employment service only if the member pays into the retirement system or fund prior to the date of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.18.htm - 2K - Match Info - Similar pages
36-27-6
Section 36-27-6 Participation of employees of counties, cities, towns, public or quasi-public organizations, etc. - Generally. (a) The governing board of any county, city, town or public or quasi-public organization of the state or of any political subdivision thereof or the Alabama Extension Service and Agricultural Experiment Station System of Auburn University may, by resolution legally adopted to conform to rules prescribed by the Board of Control, elect to have its officers and employees from whatever sources and in whatever manner paid become eligible to participate in the retirement system; and the Adjutant General of the state, with the approval of the Governor, may, by application properly prepared and submitted in conformity with rules prescribed by the Board of Control, elect to have those employees of the Alabama National Guard employed pursuant to 32 U.S.C.A., Section 709, and paid from federally appropriated funds, become eligible to participate in this retirement system....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-6.htm - 16K - Match Info - Similar pages
12-18-51
Section 12-18-51 Right of election of judges of county courts or full-time municipal court judges entitled to receive commissions as district judges to come under provisions of Article 1 of chapter; filing of notice of election with Clerk of Supreme Court, Secretary-Treasurer of Judicial Retirement Fund and governing body of county or municipality; applicability of provisions of Article 1 of chapter to district court judges elected or appointed to office after October 10, 1975. (a) Each judge of a county court or full-time municipal court judge entitled to receive a commission as a district judge pursuant to the Constitution shall have a right to elect to come under the provisions of Article 1 of this chapter in accord with the provisions of this article, but a full-time municipal court judge shall not be entitled to credit to determine eligibility for retirement under Section 12-18-55 for any service prior to such election. (b) Such election shall be made by written notice filed...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-18-51.htm - 1K - Match Info - Similar pages
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