|
12-18-156
Section 12-18-156 Payments from plan; optional allowances; replacement beneficiaries. (a) Should
a member cease to be a judge or clerk except by death or by retirement under the provisions
of this article, the contributions standing to the credit of his or her individual account
in the fund shall be paid to him or her upon demand and, in addition to such payment, there
shall be paid five-tenths of the interest accumulations standing to the credit of his or her
individual account if he or she shall have not less than three but less than 16 years of membership
service, six-tenths of such interest accumulations if he or she shall have not less than 16
but less than 21 years of membership service, seven-tenths of such interest accumulations
if he or she shall have not less than 21 but less than 26 years of membership service and
eight-tenths of such interest accumulations if he or she shall have not less than 26 years
of membership service. (b) In case of the death of a member eligible for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-18-156.htm - 6K - Match Info - Similar pages
12-17-227.6
Section 12-17-227.6 (Effective November 8, 2016, subject to contingencies) Payments from plan;
optional allowances; replacement beneficiaries. (a) Should a member cease to be a district
attorney except by death or by retirement under the provisions of this division, the contributions
standing to the credit of his or her individual account in the fund shall be paid to him or
her upon demand and, in addition to such payment, there shall be paid five-tenths of the interest
accumulations standing to the credit of his or her individual account if he or she shall have
not less than three but less than 16 years of membership service, six-tenths of such interest
accumulations if he or she shall have not less than 16 but less than 21 years of membership
service, seven-tenths of such interest accumulations if he or she shall have not less than
21 but less than 26 years of membership service and eight-tenths of such interest accumulations
if he or she shall have not less than 26 years of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-17-227.6.htm - 5K - Match Info - Similar pages
36-27-49
Section 36-27-49 Purchase of credit for active military service; limitations; termination date.
(a) Any active and contributing member of any one of the State of Alabama retirement systems
who has been such a member for 10 consecutive years and has not previously purchased credit
for military service with any one of the State of Alabama retirement systems may hereby claim
and purchase credit in his or her respective retirement system for up to four years' creditable
service for time which such member has served in the active full-time military service of
the Armed Forces of the United States, exclusive of any summer, weekend, or other part-time
active military service in any reserve or National Guard component of any branch of the armed
forces, provided said member has not received credit toward retirement status in such retirement
system for said military service, and further provided that such member shall receive no credit
for military service if such member is receiving military...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-49.htm - 2K - Match Info - Similar pages
36-27-49.1
Section 36-27-49.1 Credit for military service; option must be exercised and paid before October
1, 1986. (a) Any active and contributing member of any one of the State of Alabama retirement
systems who has been such a member for six consecutive years or more or any former such member
who has vested retirement benefits may hereby claim and purchase credit in his or her respective
retirement system for up to four years' time which such member has served in the military
service of the Armed Forces of the United States exclusive of any weekend or state active
military service in any reserve or National Guard component of any branch of the armed forces,
provided said member or former member has not received credit toward retirement status in
such retirement system for said military service, and further provided that such member or
former member shall receive no credit for military service if such member or former member
is receiving military service retirement benefits other than...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-49.1.htm - 2K - Match Info - Similar pages
45-37A-51.08
Section 45-37A-51.08 Retroactive Deferred Retirement Option Plan. (a) A member who retires
at least 90 days following the effective date of this section, who has then completed at least
26 years, but less than 30 years, of credited service, and who is otherwise entitled to retire
and receive a monthly retirement allowance under the supplemental pension system, shall have
the opportunity to elect a Back DROP plan. A member eligible for the Back DROP plan may elect,
in writing at his or her retirement to retroactively drop his or her credited service in excess
of 23 years, for a period of months not exceeding 36 months immediately preceding the date
of retirement, the Back DROP period. A member who is not actively employed may not make a
Back DROP election to be effective, a Back DROP election by a married member shall be approved
in writing by his or her spouse. (b) Notwithstanding subsection (a) and subsection (d) of
Section 45-37A-51.07 in effect as of the date of the member's...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.08.htm - 4K - Match Info - Similar pages
16-25-151
Section 16-25-151 Withdrawal from service; death of participant. (a) On withdrawing from service
pursuant to Section 16-25-14, a member who participated in DROP: (1) Who fulfilled his or
her contractual obligation pursuant to DROP shall receive a lump-sum payment from his or her
DROP account equal to the payments made to that account on his or her behalf plus interest.
Further, the member shall receive his or her accumulated contribution made during participation
in DROP, together with interest for the period of DROP participation as provided in subdivision
(1) of subsection (g) of Section 16-25-14. In lieu of a lump-sum payment from the DROP account,
to the extent eligible under applicable tax laws, the member's total accrued benefit may be
"rolled over" directly to the custodian of an eligible retirement plan. The member
shall also begin receiving his or her monthly benefit which had been paid directly into the
DROP account during his or her participation in DROP. However, the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-151.htm - 8K - Match Info - Similar pages
36-27-171
Section 36-27-171 Withdrawal from service; death of participant. (a) On withdrawing from service
pursuant to Section 36-27-16, a member who participated in DROP: (1) Who fulfilled his or
her contractual obligation pursuant to DROP shall receive a lump-sum payment from his or her
DROP account equal to the payments made to that account on his or her behalf plus interest.
Further, the member shall receive his or her accumulated contribution made during participation
in DROP, together with interest for the period of DROP participation as provided in subdivision
(1) of subsection (c) of Section 36-27-16. In lieu of a lump-sum payment from the DROP account,
to the extent eligible under applicable tax laws, the member's total accrued benefit may be
"rolled over" directly to the custodian of an eligible retirement plan. The member
shall also begin receiving his or her monthly benefit which had been paid directly into the
DROP account during his or her participation in DROP. However, if...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-171.htm - 9K - Match Info - Similar pages
31-6-4
Section 31-6-4 Educational benefits for children of deceased or disabled veterans or prisoners
of war. (a) Any child whose father or mother: (1) Was killed or died in line of duty or is
listed as missing in action or is/was a prisoner of war or whose death or permanent total
disabilities were service-connected while serving as a member of the armed forces; or (2)
Died from a disability incurred from military service, as established by the State Department
of Veterans' Affairs, after having been discharged under conditions other than dishonorable
and after having served at least 90 days consecutively in the armed forces prior to and/or
subsequent to the date on which such disability occurred, or who was honorably discharged
by reason of wartime, service-connected disability after serving less than 90 days; or (3)
Has been assigned 100 percent permanent or total disability rated by the United States Veterans'
Administration, or was discharged or retired from the armed forces with a 40...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/31-6-4.htm - 4K - 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
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....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.07.htm - 8K - Match Info - Similar pages
|