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16-25-11.14
Section 16-25-11.14 Purchase of credit for service rendered to authorized employer.
(a) Active and contributing members of the Teachers' Retirement System (TRS) or the Employees'
Retirement System (ERS) may claim and purchase service credit in the system not to exceed
eight years for any period of prior service while they were full-time employees of an employer
who is authorized to join the TRS pursuant to Section 16-25-10.7, but has not elected
to participate. The certification of any prior service claimed by the members under this section
shall conform to applicable administrative rules and procedures of the TRS or ERS. Members
shall receive credit for the prior service when they remit to the system the contributions
required by subsection (b). Notwithstanding the foregoing, no member of the system shall receive
credit for any service that the member is already credited with in the system or any other
public retirement plan, with the exception of the federal Social Security program....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.14.htm - 1K - 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
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
16-25-13.2
Section 16-25-13.2 Purchase of credit for prior service at Walker College. (a) Any active
and contributing member of the Teachers' Retirement System of Alabama, who prior to July 31,
1995, was a regular employee of Walker College, may claim and purchase prior service credit,
not to exceed five years, for that prior service. Contributing members have one year from
July 31, 1995, to make a lump sum payment in order to gain credit for up to five years of
eligible service at Walker College. (b) Any person eligible under subsection (a) to claim
and purchase credit for prior service shall be awarded credit for the service under the Teachers'
Retirement System of Alabama if he or she complies with each of the following requirements:
(1) The person provides certification to the Teachers' Retirement System no later than 60
days before the date of his or her retirement, as to the time of service and salary for each
period of claimed service. The certification shall be made by the employing...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-13.2.htm - 1K - Match Info - Similar pages
36-27-15
Section 36-27-15 Granting of credit for service as elected official of state or department
head; maximum credit; payment of employee's contribution; applicability of provisions of section.
(a) Any person who, as of September 5, 1973, is covered or is eligible to be covered under
the Employees' Retirement System of Alabama and who, prior to such coverage or eligibility
for coverage, served as an elective official of the state government or a department head
authorized to exercise sovereign power of the state shall have credited to him one year of
creditable service for each year served as such elected official or department head, 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 paid to such person during the time of
his service as an elected official or department head, with such cost or contribution to be
calculated at the percent or rate in effect on September 5, 1973. (b)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-15.htm - 2K - Match Info - Similar pages
36-27-42
Section 36-27-42 Credit for prior service - Generally. Any member who was a member of
the Employees' Retirement System on October 1, 1974, and who prior to said date had been ineligible
to receive credit for service rendered as an employee prior to October 1, 1945, for reasons
other than having been employed as a nonmember, shall be eligible under the provisions of
Article 1 of this chapter to receive credit for all service as an employee rendered by him
prior to the date of establishment of the retirement system; provided, that such person has
never waived his claim on the funds of the retirement system by withdrawing his accumulated
contributions to said funds; and provided, that said member has not been absent from service
more than five years in any period of six consecutive years after becoming a member of the
retirement system. (Acts 1975, No. 1102, p. 2173, ยง3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-42.htm - 1K - Match Info - Similar pages
36-27-48.1
Section 36-27-48.1 Credit in system for period of service for which position excluded.
(a) Any active and contributing member of the Employees' Retirement System who is an employee
of an employer participating in the system pursuant to Section 36-27-6, and whose current
position was once excluded by the employer from participating in the system, may receive credit
in the system for the period of full-time service for which his or her position was excluded
by the employer from participating in the system, provided the member claiming the credit
has been continuously employed by the employer since January 1, 1987, and the member performs
and complies with the conditions prescribed in subsection (b) of this section. (b)
A member of the Employees' Retirement System eligible to purchase credit in the system under
subsection (a) of this section shall receive the credit after satisfying the following
conditions: (1) Each person eligible to claim and purchase the credit for service under...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-48.1.htm - 2K - Match Info - Similar pages
36-27-51.1
Section 36-27-51.1 Purchase of credit for prior service by member of city retirement
system. Any active and contributing member of a city retirement system that participates in
the Employees' Retirement System under Section 36-27-6 who rendered prior service to
a non-participating employer funded by a city and a county which was eligible for participation
in the Employees' Retirement System under Section 36-27-6, may purchase up to eight
years of credit in the Employees' Retirement System for the prior service if the member pays
to the Secretary-Treasurer of the Employees' Retirement System prior to the date of his or
her retirement a sum equal to the full actuarial determined cost for each year of service
purchased as determined by the actuary for the system. The local governmental entity which
currently employs the member shall furnish the Employees' Retirement System with documentation
of the prior service being claimed by the member as requested by the retirement system....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-51.1.htm - 1K - Match Info - Similar pages
36-27-55.1
Section 36-27-55.1 Purchase of credit for prior service with Alabama State Council on
the Arts. (a) Any active and contributing member of the Employees' Retirement System may purchase
credit in the Employees' Retirement System for prior service with the Alabama State Council
on the Arts 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 council. (b) A member of
the Employees' Retirement System who is eligible to purchase any prior service credit under
subsection (a) of this section 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, whichever
is greater, as determined by the actuary for the system, for the entire period of prior...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-55.1.htm - 1K - Match Info - Similar pages
36-27-55.3
Section 36-27-55.3 Purchase of credit for prior service as a welcome center employee.
(a) An active and contributing member of the Employees' Retirement System, who is also a vested
member of the system, may purchase service credit in the system not to exceed five years for
any period of prior service while he or she was employed at a welcome center for the state
while employees of the welcome centers were not allowed to be members of the system. The Board
of Control of the Employees' Retirement System shall adopt rules and regulations for the administration
of this section including verification of the prior service for which the member desires
to purchase credit 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 language, no member of the Employees' Retirement System shall be eligible to
receive credit for any period of time for which the member is already...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-55.3.htm - 2K - Match Info - Similar pages
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