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16-25-18
Section 16-25-18 Redetermination of allowances of certain retired members. (a) Any member
who retired prior to October 1, 1975 and who has served in the armed services, as described
in Section 16-25-3, shall be entitled to claim such full-time military service and
to have all retirement allowances due on or after October 1, 1975 redetermined as if the provisions
of said section, as amended, were in effect at the time such member retired; provided,
that such retired member pays into the Teachers' Retirement System, in a lump sum prior to
October 1, 1976, an amount equal to four percent of the average compensation which was paid
to a teacher during each claimed year of full-time military service, plus and together therewith,
eight percent interest compounded from the last date of such claimed military service; provided
further, that such retired member shall not receive membership service credit for more than
four years of military service and shall receive no credit for military service...
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16-25-14
Section 16-25-14 Retirement of members; benefits generally. (a)(1) Any Tier I plan member
who withdraws from service upon or after attainment of age 60 and any Tier II plan member
who withdraws from service upon or after attainment of age 62, or in the case of a Tier II
plan member who is a correctional officer, firefighter, or law enforcement officer as defined
in Section 36-27-59, who withdraws from service upon or after attainment of age 56
with at least ten years of creditable service as a correctional officer, firefighter, or law
enforcement officer may retire upon written application to the Board of Control setting forth
at what time, not less than 30 days nor more than 90 days subsequent to the execution and
filing thereof, he or she desires to be retired; provided, that any such member who became
a member on or after October 1, 1963, shall have completed 10 or more years of creditable
service. (2) Any Tier I plan member who has attained age 60 and any Tier II plan member who...
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45-37-123.01
Section 45-37-123.01 Definitions. For the purposes of this part, the following terms
shall have the following meanings: (1) ACT. The act adding this part, to be called the General
Retirement System for Employees of Jefferson County Act. (2) ACTIVE MEMBER. An individual
who currently is employed by the county or other entities set forth in subdivision (20) and
is making employee contributions to the system. (3) ACTUARIAL EQUIVALENT. Effective July 30,
1984, or such other dates as set forth in Exhibit A, which is maintained in the office of
the pension board, a form of benefit differing in time, period, or manner of payment from
a specific benefit provided under the plan but having the same value when computed using the
mortality tables, the interest rate, and any other assumptions last adopted by the pension
board, which assumptions shall clearly preclude any discretion in the determination of the
amount of a member's benefit. (4) ACTUARIAL GAIN. As defined in Section...
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36-27-4
Section 36-27-4 Membership - Generally; denial of membership; absence from service;
military service. (a) The membership of the retirement system shall be composed as follows:
(1) All persons who shall become employees after October 1, 1945, shall become members of
the retirement system as a condition of their employment. (2) Any person who is an employee
on October 1, 1945, shall become a member as of that date unless, within a period of 90 days
next following, such employee shall file with the Board of Control on a form prescribed by
the board a notice of his or her election not to be covered in the membership of the system
and a duly executed waiver of all present and prospective benefits which would otherwise inure
to him or her on account of his or her membership in the retirement system. (3) An employee
whose membership in the retirement system is contingent on his or her own election and who
elects not to become a member may thereafter apply for and be admitted to membership...
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36-27-21.3
Section 36-27-21.3 Cost-of-living increases; funding. (a) There is hereby provided,
commencing October 1, 1982, to any person retired prior to October 1, 1981, under the Teachers'
Retirement System or Employees' Retirement System of Alabama and who is receiving a retirement
allowance therefrom, a cost-of-living increase of $1.00 per month for each year of creditable
service attained by said member; provided any person retired under the provisions of Section
36-27-7, or 36-27-7.1 shall receive an increase of $.50 per month for each year of creditable
service attained by said member. In addition to the foregoing amount an additional $1.00 per
month increase may be granted upon the occurrence of certain conditions set forth in subsection
(e) of this section; provided any person retired under the provisions of Section
36-27-7, or 36-27-7.1 may receive an additional $.50 per month increase upon the occurrence
of certain conditions pursuant to subsection (e) of this section. Effective...
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36-27-17
Section 36-27-17 Redetermination of allowances due on or after October 1, 1975. (a)
All retirement allowance payments due on or after October 1, 1975, to members who retired
prior to said date shall be redetermined as if the provisions of Acts 1975, No. 1103, amending
Section 36-27-1, were in effect at the time the member retired; provided, that the
annual retirement allowance of any member not employed as a state policeman who retired on
or before January 1, 1956, shall not be less than $79.20 multiplied by the number of years
of his creditable service not in excess of 30 years, in the case of service retirement, or
$59.40 multiplied by the number of years of his creditable service not in excess of 30 years,
in the case of disability retirement. Any increase provided in the retirement allowance payment
under this section for a member who retired under the provisions of any optional benefit
elected pursuant to subsection (d) of Section 36-27-16 shall accrue only to the retired
member,...
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36-27-45
Section 36-27-45 Redetermination of allowance payments due on or after October 1, 1975.
All retirement allowance payments due on or after October 1, 1975, to members of the Employees'
Retirement System of Alabama who retired prior to said date shall be redetermined as if the
provisions of this division were in effect at the time they retired; provided, that any increase
provided in the retirement allowance payment under this section for a member who retired
under the provisions of any optional benefit elected pursuant to Article 1 of this chapter
shall accrue only to the retired member, and no person designated to receive any payments
after the death of a retired member under the provisions of any such optional benefit shall
receive any increase in such payment under this section. (Acts 1975, No. 1102, p. 2173,
ยง5.)...
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36-27-21.2
Section 36-27-21.2 Increase in maximum retirement allowance of certain state, etc.,
employees - 1980 cost-of-living increase. (a) There is hereby provided, commencing October
1, 1980, to any person retired prior to October 1, 1979, under the Teachers' Retirement System
or Employees' Retirement System of Alabama and who is receiving a retirement allowance therefrom,
a cost-of-living increase in his maximum retirement allowance as follows: (1) If such person
retired prior to October 1, 1963, a 15 percent increase in his maximum retirement allowance;
provided, that he shall receive an increase of not less than $30.00, nor more than $60.00
per month; and provided further that, if such person retired under the provisions of Section
36-27-7 and/or Section 36-27-7.1, he shall receive an increase of not less than $15.00,
nor more than $40.00, per month. (2) If such person retired on or after October 1, 1963, but
prior to October 1, 1973, a 10 percent increase in his maximum retirement...
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36-27-16
Section 36-27-16 Retirement, etc., of employees; retirement allowances. (a)(1) RETIREMENT,
ETC., OF EMPLOYEES GENERALLY; ELIGIBILITY FOR SERVICE RETIREMENT BENEFITS. a. Any Tier I plan
member who withdraws from service upon or after attainment of age 60 and any Tier II plan
member who withdraws from service upon or after attainment of age 62 may retire upon written
application to the Board of Control setting forth at what time, not less than 30 days nor
more than 90 days subsequent to the execution and filing thereof, he or she desires to be
retired; provided, that any such member who became a member on or after October 1, 1963, shall
have completed 10 or more years of creditable service; provided further, that a Tier I plan
member employed as a state policeman shall be eligible to file application for service retirement
upon attaining age 52 and a Tier II plan member employed as a state policeman or employed
as a correctional officer, firefighter, or law enforcement officer as defined...
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36-27-18
Section 36-27-18 Retirement with not less than 30 years' creditable service. (a) In
addition to any law or part of any law relating to service retirement under the Employees'
Retirement System of Alabama, any member of the Employees' Retirement System who withdraws
from service after the completion of not less than 30 years of creditable service may retire
without a reduction in retirement allowance upon written application to the Board of Control
of the Employees' Retirement System setting forth the first day of which month, not less than
30 days nor more than 90 days subsequent to the execution and filing thereof, he desires to
be retired. (b) All retirement allowance payments due on or after January 1, 1976, to members
of the Employees' Retirement System of Alabama who retired prior to said date shall be redetermined
as if the provisions of this section were in effect at the time they retired; provided,
that any increase in the retirement allowance payment for a member who retired...
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