36-27C-9
Section 36-27C-9 Relation to other retirement provisions. Nothing in this chapter shall
limit or otherwise lessen the State of Alabama's, current or future, obligation to fund the
Employees' Retirement System, the Teachers' Retirement System, or the Judicial Retirement
Fund. The provisions of this chapter, in whole or in part, may not be used to allow a person
otherwise covered under the Retirement Systems of Alabama to opt out or otherwise cease participation
in the Employees' Retirement System, the Teachers' Retirement System, or the Judicial Retirement
Fund. The State of Alabama or any political subdivision thereof may not substitute or cause
to be substituted this Employee Savings Plan or any other defined contribution plan for the
state retirement defined benefit plan that currently exists in the Employees' Retirement System,
the Teachers' Retirement System, or the Judicial Retirement Fund. (Act 2001-704, p. 1562,
§3.)...
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16-25-11.17
Section 16-25-11.17 Purchase of credit for prior service with Department of Industrial
Relations. (a) An active and contributing member of the Teachers' Retirement System who has
10 years of creditable service in the Teachers' Retirement System of Alabama may purchase
up to four years service credit in the system for prior service rendered as a full-time employee
with the Department of Industrial Relations under the federal Comprehensive Employment and
Training Act between October 1974 and November 1978. (b) Any member eligible to claim and
purchase credit for service under subsection (a) shall be awarded such credit under the Teachers'
Retirement System of Alabama provided that he or she pays to the Secretary-Treasurer of the
Teachers' Retirement System, prior to the earlier of the member's date of retirement or October
1, 2001, a lump sum equal to the full actuarially determined cost for each year of service
purchased as determined by the system's actuary. Notwithstanding the...
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16-25-22
Section 16-25-22 Purchase, sale, etc., of interests or estates in real property; establishment
of facilities and procedures for purchase of and payment for equipment, etc. (a) The Retirement
Systems of Alabama, which consist of the Employees' Retirement System of Alabama, the Teachers'
Retirement System of Alabama, and the Judicial Retirement Fund of Alabama shall have within
their corporate powers the right to purchase, sell and hold title, in their own name, to any
interest or estate in real property. Such property shall be exempt from all state and local
ad valorem taxes and shall not be subject to regulations or laws regarding the sale or lease
of state property. (b) The Retirement Systems of Alabama shall have within their corporate
powers the right to establish, as is consistent with the intent and purpose of the competitive
bid laws of the State of Alabama, such facilities and procedures for the making of purchases
and for the payment of all equipment and expenses reasonably...
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16-25-42
Section 16-25-42 Persons in the Employees' Retirement System whose date of retirement
is prior to October 1, 1987 or beneficiaries of deceased members or retirees entitled to cost-of-living
increases. (a) There is hereby provided, commencing October 1, 1988 to certain persons identified
in subsection (b) herein, whose effective date of retirement for purposes of receiving benefits
from the Employees' Retirement System is prior to October 1, 1987 and to certain beneficiaries
of deceased members and deceased retirees, provided the effective date of retirement or death
for such deceased retiree or deceased member for purposes of receiving benefits from the Employees'
Retirement System was prior to October 1, 1987 and who is receiving a monthly allowance from
the Employees' Retirement System a cost-of-living increase as follows: (1) One dollar per
month for each year of service attained by said retiree for each retiree selecting the maximum
retirement allowance or Option 1. (2) One dollar...
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16-25-43
Section 16-25-43 Persons in the Employees' Retirement System whose date of retirement
is prior to October 1, 1987 or beneficiaries of deceased members or retirees entitled to cost-of-living
increases - Additional adjustments. (a) In addition to the foregoing amount an additional
cost-of-living adjustment is provided effective October 1, 1989 as follows: (1) One dollar
per month for each year of service attained by said retiree for each retiree selecting the
maximum retirement allowance or Option 1. (2) One dollar per month for each year of service
attained by said retiree reduced by the retiree's option election factor for each retiree
selecting Options 2, 3 or 4. (3) One dollar per month for each year of service attained by
said deceased member or deceased retiree reduced by the survivor's option factor for each
beneficiary receiving monthly benefits from the Teachers' Retirement System. (b) The benefits
provided in this section are limited to those retirees and beneficiaries of...
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36-27-10
Section 36-27-10 Procedure for receipt of full credits for prior service and membership
service in county by county engineers; procedure as to future service; administration of provisions.
(a) Any county engineer participating in the Employees' Retirement System of Alabama under
the provisions of Section 36-27-9 whose county is now covering its employees in the
Employees' Retirement System of Alabama may receive full credit for prior service and membership
service in that county, provided, that he shall pay to the Employees' Retirement System of
Alabama the contributions he would have made plus regular interest from the date of participation
by the county had he been allowed to do so; provided further, that the employing county shall
agree to pay the employer's normal and accrued liability costs for such prior service and
membership service which it allows to such county engineers. Such additional accrued liability
for such service allowed by the county shall be determined by the...
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36-27-16.1
Section 36-27-16.1 Cancellation of survivor allowance. (a) Any member of the Teachers'
Retirement System of Alabama or the Employees' Retirement System of Alabama who is retired
and who has selected a survivor option may cancel the survivor allowance payable to his designated
beneficiary. Such election shall be in accordance with the rules and regulations prescribed
by the Board of Control and once made by the member shall be irrevocable. Any member who so
elects to cancel a survivor allowance shall designate such new beneficiary as he shall nominate
to receive a pro rata payment for the number of days said member shall live during the month
of his death. Any cancellation of a survivor allowance under the provisions of this section
shall be irrevocable by the member and payment of the pro rata amount for the number of days
said member lives during the month of his death shall be in lieu of any other benefits heretofore
payable under the provisions of the teachers' retirement law or the...
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36-27-18
Section 36-27-18 Retirement with not less than 30 years' creditable service. (a) In
addition to any law or part of any law relating to service retirement under the Employees'
Retirement System of Alabama, any member of the Employees' Retirement System who withdraws
from service after the completion of not less than 30 years of creditable service may retire
without a reduction in retirement allowance upon written application to the Board of Control
of the Employees' Retirement System setting forth the first day of which month, not less than
30 days nor more than 90 days subsequent to the execution and filing thereof, he desires to
be retired. (b) All retirement allowance payments due on or after January 1, 1976, to members
of the Employees' Retirement System of Alabama who retired prior to said date shall be redetermined
as if the provisions of this section were in effect at the time they retired; provided,
that any increase in the retirement allowance payment for a member who retired...
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36-27-50
Section 36-27-50 Temporary legislative employees covered by retirement system and health
insurance plan; limitations; procedure; purchase of prior service. (a) Notwithstanding any
provision of this title to the contrary, any state employee who has worked during at least
five regular sessions of the Legislature since 1971 or any employee who has worked during
five consecutive regular sessions of the Legislature and who is termed "temporary employee"
shall be considered a full-time employee of the State of Alabama and may, at the option of
the employee, be covered as a member of the state Employees' Retirement System and the State
Employees' Health Insurance Plan. Notwithstanding the foregoing, coverage shall continue as
if the person is employed full time. The employee shall pay the full health insurance cost
during the time the employee is not on the legislative payrolls but remains eligible to continue
employment during the next regular or special session of the Legislature. During...
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36-27-54.1
Section 36-27-54.1 Purchase of credit for prior service with Alabama State Docks. (a)
Any active and contributing member of the Employees' Retirement System, who is employed by
the Alabama State Docks on October 1, 1993, may purchase credit in the Employees' Retirement
System for prior service with the state docks if the member has not received credit in the
system for the same prior service and has not vested or otherwise become eligible to receive
a retirement benefit by using the same prior service credit in another pension plan offered
by the state docks. (b) A member of the Employees' Retirement System who is eligible to purchase
any prior service credit under subsection (a) shall receive the credit if he or she pays into
the system on or before his or her date of retirement, an amount of five percent of the greater
of the member's current annual earnable compensation or average final compensation for the
entire period of prior service claimed, or any portion thereof, plus eight...
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