36-27-82
Section 36-27-82 Amount of increase - Persons whose employer participated in Employees' Retirement System. There is hereby provided, commencing October 1, 1988, to each person whose employer participated in the Employees' Retirement System pursuant to Section 36-27-7 or section 36-27-7.1, 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 of such employers, 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) Fifty cents per month for each year of service attained by said retiree plus $1.75 per month for each year of retirement attained by said retiree for each retiree...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-82.htm - 2K - Match Info - Similar pages
36-27-89
Section 36-27-89 Amount of increase - Persons whose employer participated under Sections 36-27-7 or 36-27-7.1. There is hereby provided, commencing October 1, 1990, to each person whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-7 or 36-27-7.1, whose effective date of retirement for purposes of receiving benefits from the Employees' Retirement System is prior to October 1, 1989, and to certain beneficiaries of deceased members and deceased retirees of such employers, 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, 1989, and who is receiving a monthly allowance from the Employees' Retirement System a cost-of-living increase as follows: (1) $.50 per month for each year of service attained by said retiree plus $1.50 per month for each year of retirement attained by said retiree for each retiree selecting...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-89.htm - 1K - Match Info - Similar pages
36-27-88
Section 36-27-88 Amount of increase - Persons whose retirement is based on 51 or more percent service to employer participating under Section 36-27-6. There is hereby provided to each person whose employer elects to come under the provisions of this act and whose retirement is based on 51 or more percent service to an employer participating under Section 36-27-6, and whose effective date of retirement for purposes of receiving benefits from the Employees' Retirement System is prior to October 1, 1989, and to certain beneficiaries of deceased members and deceased retirees of such employers, provided the effective date of death or retirement for such deceased retiree or deceased member for purposes of receiving benefits from the Employees' Retirement System was prior to October 1, 1989, and who is receiving a monthly allowance from the Employees' Retirement System a cost-of-living increase as follows: (1) $1.00 per month for each year of service attained by said retiree plus $3.00 per...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-88.htm - 2K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-43.htm - 1K - Match Info - Similar pages
16-25-41
Section 16-25-41 Persons 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. 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. (Acts 1988, No. 88-600, p. 932, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-41.htm - 1K - Match Info - Similar pages
36-27-152
Section 36-27-152 Amount of increase - Persons whose employer participated in Employees' Retirement System. Commencing October 1, 2000, each person whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective date of retirement for purposes of receiving benefits from the Employees' Retirement System is prior to July 1, 2000, and who is receiving a monthly allowance or is eligible to receive a monthly allowance from the Employees' Retirement System, shall receive a cost-of-living increase as described in Section 36-27-150. Beneficiaries of deceased members or deceased retirees of employers participating in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, shall be entitled to the increase the retiree has attained under the provisions in Section 36-27-150. No retiree or beneficiary of this class shall receive a benefit increase of less than twenty-five dollars ($25) per month. (Act 2000-809, p....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-152.htm - 1K - Match Info - Similar pages
36-27-142
Section 36-27-142 Amount of increase - Persons whose employer participated in the Employees' Retirement System. Commencing October 1, 1998, each person whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective date of retirement for purposes of receiving benefits from the Employees' Retirement System is prior to July 1, 1998, and who is receiving a monthly allowance or is eligible to receive a monthly allowance from the Employees' Retirement System, shall receive a cost-of-living increase in the amount of one half the amount of the years of service factor and the full amount (four percent) of the current gross benefit factor of the formula in Section 36-27-140. Retirees who chose Option 2, 3, or 4 shall receive the cost-of-living increase reduced by the same percentage as the reduction which occurred because of the option selected unless the designated beneficiary under the option is deceased on July 1, 1998, in which...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-142.htm - 1K - Match Info - Similar pages
36-27-182
Section 36-27-182 Amount of increase - Persons whose employers participated in Employees' Retirement System. Commencing October 1, 2002, each person whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective date of retirement for purposes of receiving benefits from the Employees' Retirement System is prior to October 1, 2001, and who is receiving a monthly allowance or is eligible to receive a monthly allowance from the Employees' Retirement System, shall receive a cost-of-living increase as described in Section 36-27-180. Beneficiaries of deceased members or deceased retirees of employers participating in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, shall be entitled to the increase the retiree has attained under the provisions in Section 36-27-180. In no case shall the COLA be less than fifteen dollars ($15) per month. (Act 2002-393, p. 986, §3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-182.htm - 1K - Match Info - Similar pages
36-27-204
Section 36-27-204 Pensioners who retired prior to membership of employer in system; beneficiaries. (a) Commencing October 1, 2006, any retired employee who retired from a city, town, county, or public or quasi-public organization of the state before the city, town, county, or public or quasi-public organization of the state became a member of the Employees' Retirement System, and who is receiving a monthly benefit prior to October 1, 2005, administered by the Employees' Retirement System may receive the cost-of-living increase of two percent in his or her gross monthly benefit which the Legislature committed to in Section 14 of Act 2005-316, plus an additional five percent increase in his or her gross monthly benefit, except that no pensioner shall receive an increase of less than twenty-five dollars ($25) per month, provided the retired employee retired prior to October 1, 2005, and the employer decides to come under this article and fund the increase. (b) Commencing October 1, 2006,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-204.htm - 1K - Match Info - Similar pages
36-27-122
Section 36-27-122 Amount of increase - Persons whose employer participated in Employees' Retirement System. Commencing October 1, 1994, each person whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective date of retirement for purposes of receiving benefits from the Employees' Retirement System is prior to October 1, 1994, and who is receiving a monthly allowance or is eligible to receive a monthly allowance from the Employees' Retirement System, shall receive a cost-of-living increase in the amount of one half the amount provided by the formula in Section 36-27-120. Retirees who chose Options 2, 3, or 4 shall receive the cost-of-living increase reduced by the same percentage as the reduction which occurred because of the option selected unless the designated beneficiary under the option is deceased on October 1, 1994, in which case the increase shall not be reduced. Beneficiaries of deceased members or deceased...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-122.htm - 1K - Match Info - Similar pages
|