16-25-3.1
Section 16-25-3.1 Purchase of credit for service by members age 61 or older at time of employment.
Any member of the Teachers' Retirement System of Alabama who was prohibited from participating
in the Teachers' Retirement System because such member was age 61 or older at the time of
his employment may purchase credit for any such service including service subsequent to July
1, 1988, for which the member would have been eligible for coverage except for his age, provided
that such member shall pay to the Secretary-Treasurer of the Teachers' Retirement System within
one year after October 1, 1989, a sum equal to the total contributions which he would have
made as a member during the period of such employment plus eight percent interest on such
total contributions compounded annually from the date of such service. (Acts 1989, No. 89-695,
p. 1370, §3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-3.1.htm - 1K - 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-56.htm - 1K - Match Info - Similar pages

36-27-7.2
Section 36-27-7.2 Reopening of Employees' Retirement System for purchase of prior service credit
by active and contributing member of Cooperative Extension Service of Auburn University. (a)
Pursuant to Section 36-27-7.1, an active and contributing member of the Employees' Retirement
System may elect to purchase prior service credit for full time employment he or she had in
the Cooperative Extension Service at Auburn University, acquired before May 1, 1976, provided
the person complies with the following conditions prescribed in this section. (b) A member
eligible to claim and purchase the credit for service under subsection (a) shall be awarded
creditable service under the Employees' Retirement System. The member shall pay into his or
her retirement system or fund, prior to the date of retirement of the member and prior to
October 1, 1997, a sum equal to a percentage of his or her current annual earnable compensation,
or average final compensation, whichever shall be greater, for each...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-7.2.htm - 1K - Match Info - Similar pages

36-27-55.2
Section 36-27-55.2 Purchase of credit for prior service with State Economic Opportunity Office.
(a)(1) Any member of the Employees' Retirement System of Alabama shall be eligible to receive
up to 10 years of creditable service for service which was rendered between January 1, 1971,
and December 31, 1983, as an employee of the State Economic Opportunity Office under the Alabama
Development Office, provided that the member of the retirement system claiming the credit
shall have attained not less than 10 years of contributing membership service credit, exclusive
of military service credit, under the Employees' Retirement System; and, provided further,
that the member performs and complies with the conditions prescribed in subdivision (2). (2)
A member of the Employees' Retirement System of Alabama eligible to purchase service credit
in the system under paragraph a. of this subdivision, may receive credit for the prior service
rendered as provided in subdivision (1), provided that as...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-55.2.htm - 2K - 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

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

36-27-56.1
Section 36-27-56.1 Purchase of credit for prior service as county solicitor. (a) Any vested
member of any component system or fund of the Employees' Retirement System may claim and purchase
up to three years' credit in his or her system or fund for up to three years of prior service
which he or she rendered to any county government as a county solicitor. (b) Any vested member
eligible to claim and purchase credit for prior service as a county solicitor under subsection
(a), shall be awarded credit under the appropriate system or fund provided he or she pays
into his or her respective retirement system or fund prior to the member's date of retirement,
a sum of money equal to a percentage of the member's highest annual compensation or final
average salary during the period of prior service, whichever is higher; the applicable percentage
of the highest annual compensation or the final average salary, whichever is higher, shall
be the sum of the prevailing percentage rates of employer and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-56.1.htm - 1K - Match Info - Similar pages

36-27-57.3
Section 36-27-57.3 Reopening of Employees' Retirement System to allow purchase of credit for
prior service in office of local district attorney. (a) An active and contributing member
of the Employees' Retirement System may claim and purchase credit not to exceed two years
in the retirement system for prior service rendered in the office of a local district attorney
which was a nonparticipant in the Employees' Retirement System during the period of the prior
service. The prior service credit may be purchased if the member has not received credit for
the prior service claimed in any public pension system or as a supernumerary and the member
complies with the provisions set forth in subsection (b). (b) Each person eligible to claim
and purchase credit for any prior service under subsection (a) shall be awarded creditable
service under the Employees' Retirement System provided he or she shall pay into the retirement
system, prior to October 1, 1996, a lump sum equal to a percentage of his...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-57.3.htm - 1K - Match Info - Similar pages

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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-48.htm - 2K - Match Info - Similar pages

36-27-54
Section 36-27-54 Purchase of credit by certain employees of Alabama State Docks Terminal Railway;
waiver of federal railroad retirement benefits; termination date. (a) Any law to the contrary
notwithstanding, any member of the Employees' Retirement System of Alabama who has 10 or more
years of creditable service in the Employees' Retirement System of Alabama immediately prior
to October 1, 1990 and who is employed by the State of Alabama at the time this bill becomes
law, may hereby claim and purchase credit within the Employees' Retirement System of Alabama
for all the time which such member has served as an employee of the Alabama State Docks and
was paid through the Alabama State Docks Terminal Railway payroll and for which he is not
otherwise eligible for credit in the Employees' Retirement System or any other retirement
plan funded in whole or in part by the state except under the United States Social Security
Act. (b) Any member eligible to claim and purchase such credit for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-54.htm - 2K - Match Info - Similar pages