45-49A-81.11
Section 45-49A-81.11 Pension eligibility for certain employees - 25 years of service.
(a) Any employee of the City of Prichard who has been in the service thereof for as long as
25 years, the last four years of which, counting a major fraction of a year as a full year,
have been continuous, upon making written application to the City Council of the City of Prichard,
Alabama, therefor, shall, without medical examination or disability be retired from service
of the City of Prichard and upon such retirement the council shall direct the payment to the
retiring employee monthly from such fund, a sum equal to 55 percent of the monthly compensation
received by such employee as salary or other compensation at the time of his or her retirement,
or an amount equal to 55 percent of the average compensation of such employee over the then
past four calendar years, whichever shall be the greater, multiplied by the percentages applicable
from the table below: Years Service Percentage 25 55 26 56 27...
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12-18-84
Section 12-18-84 Eligibility for retirement. Any probate judge serving on December 27,
1973, who elects to become a member of the retirement fund hereby established, and any probate
judge assuming such office after October 1, 1976, may elect to be retired pursuant to this
article if he or she qualifies under any one of the following: (1) Has served as much as five
years as a probate judge and has become permanently, physically or mentally unable to carry
out his or her duties on a full-time basis, proof of such disability being made by certificate
of three reputable physicians; (2) Has served as much as 12 years as a probate judge and has
reached or passed the age of 65 years; (3) Has served as much as 15 years as probate judge
and is not less than 62 years of age or has served as such for more than 15 years and has
attained age 62, less one year for each year of service in excess of 15; provided, that such
probate judge shall have attained not less than 60 years of age; (4) Has served...
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45-37-123.106
Section 45-37-123.106 Minimum distribution requirements. (a) General rules. (1) EFFECTIVE
DATE. Except as otherwise provided herein, the provisions of this section shall apply
for purposes of determining required minimum distributions for calendar years beginning on
and after January 1, 1987. (2) REQUIREMENTS OF TREASURY REGULATIONS INCORPORATED. All distributions
required under this section shall be determined and made in accordance with § 401(a)(9),
Internal Revenue Code, including the incidental death benefit requirement in § 401(a)(9)(G),
and the regulations thereunder. (3) PRECEDENCE. Subject to the joint and survivor annuity
requirements of the plan, the requirements of this section shall take precedence over
any inconsistent provisions of the plan. (b) Time and manner of distribution. (1) REQUIRED
BEGINNING DATE. The member's entire interest shall be distributed, or begin to be distributed,
to the member no later than the member's required beginning date. (2) DEATH OF MEMBER...
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45-37A-51.131
Section 45-37A-51.131 Method of selection and terms of appointment of board members.
(a) The members of the board of managers, other than the mayor who shall always serve as chair,
shall be selected and shall serve for the term as hereafter set forth. (1) The mayor of the
city shall always serve as the chair of the system. (2) The member appointed by the personnel
board shall have a minimum of seven years' experience in an executive capacity in accounting,
insurance, actuarial, investment, or banking work, and shall be a qualified voter and shall
serve a four-year term. Should the appointed member die, resign, or otherwise be unable to
serve, the vacancy thus created shall be filled by the personnel board for the unexpired portion
of the term. (3) The first of the two members elected by a majority of the votes cast by the
general employees participants in the system shall be a participant in the system and shall
be a qualified voter. In order to assure representation of all...
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45-37-123.132
Section 45-37-123.132 Adjustments to annual benefit and limitations. (a) Adjustment
if fewer than 10 years. Effective for limitation years ending after December 31, 2001, if
a member has fewer than 10 years of participation in the plan, then the defined benefit dollar
limitation of Section 45-37-123.131(a) shall be multiplied by a fraction, the numerator
of which is the number of years, or part thereof, of participation in the plan, and the denominator
of which is 10. However, in no event shall such fraction be less than one-tenth. Notwithstanding
the foregoing, no adjustment shall be made to the defined benefit dollar limitation for a
distribution on account of a member becoming disabled by reason of personal injuries or sickness,
or as a result of the death of a member. For purposes of this subsection, a year of participation
means each accrual computation period for which the following conditions are met: The member
is credited with a period of service for benefit accrual purposes,...
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45-37-123.134
Section 45-37-123.134 Purchase of permissive service credit. (a) In general. If a member
makes one or more contributions to the plan to purchase permissive service credit under the
plan, the requirements of § 415, Internal Revenue Code, shall be treated as met with respect
to these contributions if: (1) The requirements of § 415(b), Internal Revenue Code, are met,
determined by treating the accrued benefit derived from all such contributions as an annual
benefit for purposes of § 415(b), Internal Revenue Code, provided, however, the plan shall
not fail to meet the reduced limit under § 415(b)(2)(C), Internal Revenue Code, solely by
reason of this section; or (2) The requirements of § 415(c), Internal Revenue Code,
are met, determined by treating all such contributions as annual additions for purposes of
§ 415(c), Internal Revenue Code, provided, however, the plan shall not fail to meet the percentage
limitation under § 415(c)(1)(B), Internal Revenue Code, solely by reason of...
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45-37A-51.228
Section 45-37A-51.228 Survivor's benefits. (a) Effective July 1, 2002, in the event
of the death of a retiree or participant who, on the date of his or her death was eligible
for voluntary retirement under Section 45-37A-51.220, there may be payable a monthly
survivor's benefit equal to 60 percent of the monthly retirement benefit which the retiree
was receiving or was entitled to receive prior to his or her death or which the participant
would have been entitled to receive had he or she retired under Section 45-37A-51.220
on the day preceding his or her death; notwithstanding anything to the contrary, the survivor's
benefit may be increased pursuant to Section 45-37A-51.242. In the event any survivor
is being paid an amount in excess of 60 percent of the retiree's monthly benefit on May 1,
2006, such survivor's benefits shall not be decreased. (b)(1) Effective July 1, 2002, upon
the death of any retiree or participant who at the time of his or her death was not eligible
for voluntary...
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45-37A-51.226
Section 45-37A-51.226 Extraordinary disability allowance. (a) Extraordinary disability
allowance for participants joining the system prior to January 1, 1989. (1) In the event a
participant who joins the system prior to January 1, 1989, shall become totally disabled to
perform his or her customary duties by reason of personal injury received as a result of an
accident arising out of and in the course of his or her employment in the service and occurring
at a definite time and place, then in the event such total disability shall continue until
the participant ceases to draw salary as an employee of the city, such disabled participant
shall be entitled to a monthly allowance from the fund equal to 70 percent of his or her monthly
salary at the time of the accident which resulted in such total disability, subject to the
offset for any workers' compensation benefit or other such disability benefit payable by the
city as set forth hereafter. (2) Benefits payable hereunder shall commence...
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45-37A-52.228
Section 45-37A-52.228 Survivor's benefits. (a) Effective July 1, 2002, in the event
of the death of a retiree or participant who, on the date of his or her death was eligible
for voluntary retirement under Section 45-37A-51.220, there may be payable a monthly
survivor's benefit equal to 60 percent of the monthly retirement benefit which the retiree
was receiving or was entitled to receive prior to his or her death or which the participant
would have been entitled to receive had he or she retired under Section 45-37A-51.220
on the day preceding his or her death; notwithstanding anything to the contrary, the survivor's
benefit may be increased pursuant to Section 45-37A-51.242. In the event any survivor
is being paid an amount in excess of 60 percent of the retiree's monthly benefit on May 1,
2006, such survivor's benefits shall not be decreased. (b)(1) Effective July 1, 2002, upon
the death of any retiree or participant who at the time of his or her death was not eligible
for voluntary...
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45-37A-51.07
Section 45-37A-51.07 Retirement allowance and survivor's allowance. (a)(1) The words,
terms, and phrases of this section shall have the meaning ascribed to them by Act 929,
unless it appears from the context that a different meaning is intended. As used in this section
and Section 45-37A-51.11, these words and terms have the meanings hereby accorded them:
a. DEFERRED PENSION UNDER THE GENERAL RETIREMENT AND RELIEF SYSTEM. A pension granted to a
firefighter or police officer under Act 929, the payment of which does not commence until
the pension granted to such firefighter or police officer under this subpart ceases. b. DISABLED
CHILD. A firefighter's or police officer's son or daughter regardless of age who becomes disabled
prior to attaining age 18 with a medically determinable physical or mental impairment or impairments,
by reason of which impairment, or impairments, the son or daughter has been unable, and continues
to be unable, to engage in any substantially gainful activity. c....
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