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16-25-11.17
Section 16-25-11.17 Purchase of credit for prior service with Department of Industrial Relations.
(a) An active and contributing member of the Teachers' Retirement System who has 10 years
of creditable service in the Teachers' Retirement System of Alabama may purchase up to four
years service credit in the system for prior service rendered as a full-time employee with
the Department of Industrial Relations under the federal Comprehensive Employment and Training
Act between October 1974 and November 1978. (b) Any member eligible to claim and purchase
credit for service under subsection (a) shall be awarded such credit under the Teachers' Retirement
System of Alabama provided that he or she pays to the Secretary-Treasurer of the Teachers'
Retirement System, prior to the earlier of the member's date of retirement or October 1, 2001,
a lump sum equal to the full actuarially determined cost for each year of service purchased
as determined by the system's actuary. Notwithstanding the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.17.htm - 1K - Match Info - Similar pages
36-27-55.7
Section 36-27-55.7 Purchase of credit for prior service with U. S. Department of Agriculture
Farm Service Agency. (a) Any active and contributing member of the Teachers' Retirement System
or the Employees' Retirement System who has 10 years or more of credible service in either
system may claim and purchase service credit in the system for up to 10 years of prior service
for employment as an employee with the United States Department of Agriculture Farm Service
Agency if the member complies with the conditions prescribed in subsection (b). 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) Any member who is eligible to purchase service credit pursuant to subsection (a) shall
pay to the Secretary-Treasurer of the system, by May 23, 2013, the full actuarially determined
cost for each year of claimed service as determined by the system's...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-55.7.htm - 1K - Match Info - Similar pages
16-25-11.12
Section 16-25-11.12 Purchase of service credit for time on maternity leave. (a) Any provision
of this chapter, to the contrary notwithstanding, active and contributing members of the Teachers'
Retirement System may purchase service credit in the system not to exceed one year for any
period of time while they were on maternity leave from service without pay. The Board of Control
of the Teachers' 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
language, no member of the Teachers' Retirement System shall be eligible to receive credit
for any period of time that the member is already credited with in the system or in any other
retirement plan, with the exception of the federal Social Security...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.12.htm - 1K - Match Info - Similar pages
36-27-15.2
Section 36-27-15.2 Granting of credit for out-of-state service, service as support employee
or teachers' aide, Teachers' Corps service, and Job Corps service. (a)(1) Any member of the
Teachers' Retirement System of Alabama or any member of the Employees' Retirement System of
Alabama shall be eligible to receive up to 10 years of creditable service for employment in
public education in states other than Alabama, for prior service in public education in Alabama
as a support employee or a teacher's aide, for regular full-time service with the Teachers'
Corps in the State of Alabama, for regular full-time service with the Job Corps, or for up
to 10 years of creditable service for public employment rendered in states other than Alabama,
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 retirement system of which he or she is a member; and,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-15.2.htm - 5K - Match Info - Similar pages
36-27-57.1
Section 36-27-57.1 Purchase of credit for prior service rendered in program financed by federal
grant in office of local district attorney. (a) An active and contributing member of the Employees'
or Teachers' Retirement System who has been a member of the system for at least 10 years,
may claim and purchase credit not to exceed three years in his or her respective retirement
system for prior service rendered while employed in a program in the office of a local district
attorney which was financed at the time the service was rendered by a federal grant if the
member complies with the provisions set forth in subsection (b) of this section. (b) Each
person eligible to claim and purchase the credit for service under subsection (a) of this
section shall be awarded creditable service under the Employees' Retirement System or Teachers'
Retirement System provided he or she shall pay into the retirement system, prior to October
1, 1995, a lump sum equal to the percentage of his or her current...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-57.1.htm - 1K - Match Info - Similar pages
16-25-11.15
Section 16-25-11.15 Purchase of credit for prior service with eligible employer under Employees'
Retirement System. (a)(1) Any person who, as of July 1, 1990, is an officer or a regular employee
of an employer participating in the Teachers' Retirement System and who has previously been
employed by another employer eligible for participation in the Employees' Retirement System
pursuant to Section 36-27-6, shall be eligible to receive creditable service for each year
of service previously rendered to another employer eligible for participation in the Employees'
Retirement System pursuant to Section 36-27-6, for up to eight years of creditable service,
provided, that the member claiming the credit shall have attained not less than 10 years of
contributing membership service credit, exclusive of military service credit under the Teachers'
Retirement System, and the member performs and complies with the condition prescribed in subdivision
(2). (2) A member of the Teachers' Retirement System...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.15.htm - 2K - Match Info - Similar pages
16-25-11.10
Section 16-25-11.10 Purchase of credit for prior service rendered to employer who may join
system pursuant to Section 16-25-10.7 but has not elected to participate. (a) Active and contributing
members of the Teachers' Retirement System 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 system 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
Teachers' Retirement System. 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.10.htm - 1K - Match Info - Similar pages
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
36-27-55
Section 36-27-55 Purchase of prior service credit by certain members with prior service in
Office of Agriculture Economics at Auburn University; cost; termination date. (a) Any acting
and contributing member of either the Teachers' or the Employees' Retirement System may elect
to purchase prior service credit for any full time employment he or she had in the Office
of Agriculture Economics at Auburn University, provided such person complies with the following
conditions prescribed in this section. (b) Any member eligible to claim and purchase such
credit for service under subsection (a) of this section shall be awarded creditable service
under either the Teachers' or the Employees' Retirement System, as the case may be, provided
he or she shall pay into his or her retirement system or fund, prior to said member's date
of retirement and prior to October 1, 1991, a sum equal to a percentage of his or her current
annual earnable compensation, or average final compensation, whichever is...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-55.htm - 1K - Match Info - Similar pages
36-27-49.2
Section 36-27-49.2 Claiming and purchasing credit for retirement system service and military
service; option must be exercised and paid before October 1, 1988. (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 service to any employer covered under such system, may hereby claim and purchase
credit for any such service as an employee and may purchase credit for prior military service
of any such employer. (c) Any member eligible to claim and purchase credit for service under
subsection (b) hereof, shall be awarded such credit under the Employees' Retirement System
of Alabama or the Teachers' Retirement System of Alabama...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-49.2.htm - 2K - Match Info - Similar pages
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