Code of Alabama

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36-27-12
Section 36-27-12 Transfer of service credits, etc., from Teachers' Retirement System of Alabama.
(a) Any member of the Employees' Retirement System who, not more than one year prior to becoming
a member of the employees' retirement system, was a member of the Teachers' Retirement System
of Alabama may elect to transfer to the Employees' Retirement System his service credits in
said Teachers' Retirement System, as provided in this section. (b) Any such member so desiring
to transfer such service credits shall notify the Board of Control of the Employees' Retirement
System after he becomes a member of the employees' retirement system of his election to transfer
such service credits and shall authorize transfer of the amount of his accumulated contributions
to his credit in said Teachers' Retirement System to the Annuity Savings Fund of the Employees'
Retirement System. (c) The Board of Control of the Teachers' Retirement System shall thereupon
certify to the Board of Control of the...
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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...
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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...
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16-25-4
Section 16-25-4 Transfer of membership from the Employees' Retirement System of Alabama generally.
(a) Any member of the Teachers' Retirement System who, not more than one year prior to becoming
a member of the Teachers' Retirement System, was a member of the Employees' Retirement System
of Alabama may elect to transfer to the Teachers' Retirement System his service credits in
said Employees' Retirement System, as herein provided. (b) Any such member so desiring to
transfer such service credits shall notify the Board of Control of the Teachers' Retirement
System after he becomes a member of the Teachers' Retirement System of his election to transfer
such service credits and shall authorize transfer of the amount of his accumulated contributions
to his credit in said Employees' Retirement System to the annuity savings fund of the Teachers'
Retirement System. (c) The Board of Control of the Employees' Retirement System shall thereupon
certify to the Board of Control of the Teachers'...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-4.htm - 3K - 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

16-25-12
Section 16-25-12 Prior service credit for military service during World War I. Any member of
the Teachers' Retirement System who is now entitled to receive credit for prior service and
whose service as a teacher, as defined in Section 16-25-1, was interrupted by service in the
armed forces of the United States during World War I shall be eligible to receive prior service
credit for such military service; provided, that such member submits proof under such rules
and regulations as the Board of Control shall adopt to show: (1) That he was employed as a
teacher prior to April 1, 1917; (2) That he entered directly into the armed forces of the
United States from such teaching service; and (3) That he returned to teaching service in
the public schools of Alabama within one year following an honorable discharge from the armed
forces. (Acts 1951, No. 524, p. 913, § 1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-12.htm - 1K - Match Info - Similar pages

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

36-27-55.3
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...
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36-27-55.4
Section 36-27-55.4 Purchase of credit for prior service with International Motorsports Hall
of Fame. (a) An active and contributing member of the Employees' Retirement System who is
currently employed with the International Motorsports Hall of Fame may purchase credit in
the system for prior service rendered with the International Motorsports Hall of Fame and
compensated by the International Speedway Corporation between January 1, 1982, and December
31, 1983. Notwithstanding, no member 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. (b) A member eligible to purchase prior service credit
in the Employees' Retirement System under subsection (a) may elect to purchase the credit
prior to October 1, 2002, by paying the Secretary-Treasurer of the Employees' Retirement System
a lump sum equal to the full actuarially determined cost for each year of service...
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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...
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