|
16-16A-7
Section 16-16A-7 Additional findings; bonds authorized; procedures. (a) The Legislature
finds that the number of students attending the several school systems located in those areas
of North Alabama that will be directly impacted by the 2005 BRAC and Subsequent BRAC Actions
will collectively increase by an estimated 9,000 students. As a result, there will be a need
for the construction of additional school facilities as well as the renovation of existing
school facilities. The Legislature also finds that the 2005 BRAC and Subsequent BRAC Actions
will have a positive impact on future receipts to the Education Trust Fund, as the significant
population growth in North Alabama will increase sales, income, and other tax collections.
Thus, it is an efficient use of state funds to allow such revenue growth to help pay for capital
improvement costs associated with BRAC-related school construction. (b) The Alabama Public
School and College Authority is hereby authorized to sell and issue its...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16A-7.htm - 24K - Match Info - Similar pages
16-25A-11
Section 16-25A-11 Employees in Teachers' Retirement System may vote to be covered by
article; election irrevocable; contribution by employer. Any board, agency, organization,
or association which participates in the Teachers' Retirement System of Alabama, but whose
employees are not included in the definition of employee in Section 16-25A-1 may, by
resolution legally adopted to conform to rules prescribed by the board and upon a majority
vote of its employees, elect to have its employees and under certain conditions its retired
employees covered by the provisions of this article, provided such board, agency, organization,
or association shall contract to pay the full cost of coverage for each such employee in the
amounts set forth by the board and as defined in Section 16-25A-1 for a full-time employee;
participation, once elected, is irrevocable. Each retired employee shall be given the option
to participate under the provisions of Section 16-25A-8(c) provided any employer electing
to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25A-11.htm - 1K - Match Info - Similar pages
16-25-42
Section 16-25-42 Persons in the Employees' Retirement System whose date of retirement
is prior to October 1, 1987 or beneficiaries of deceased members or retirees entitled to cost-of-living
increases. (a) There is hereby provided, commencing October 1, 1988 to certain persons identified
in subsection (b) herein, whose effective date of retirement for purposes of receiving benefits
from the Employees' Retirement System is prior to October 1, 1987 and to certain beneficiaries
of deceased members and deceased retirees, provided the effective date of retirement or death
for such deceased retiree or deceased member for purposes of receiving benefits from the Employees'
Retirement System was prior to October 1, 1987 and who is receiving a monthly allowance from
the Employees' Retirement System a cost-of-living increase as follows: (1) One dollar per
month for each year of service attained by said retiree for each retiree selecting the maximum
retirement allowance or Option 1. (2) One dollar...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-42.htm - 2K - Match Info - Similar pages
16-25-43
Section 16-25-43 Persons in the Employees' Retirement System whose date of retirement
is prior to October 1, 1987 or beneficiaries of deceased members or retirees entitled to cost-of-living
increases - Additional adjustments. (a) In addition to the foregoing amount an additional
cost-of-living adjustment is provided effective October 1, 1989 as follows: (1) One dollar
per month for each year of service attained by said retiree for each retiree selecting the
maximum retirement allowance or Option 1. (2) One dollar per month for each year of service
attained by said retiree reduced by the retiree's option election factor for each retiree
selecting Options 2, 3 or 4. (3) One dollar per month for each year of service attained by
said deceased member or deceased retiree reduced by the survivor's option factor for each
beneficiary receiving monthly benefits from the Teachers' Retirement System. (b) The benefits
provided in this section are limited to those retirees and beneficiaries of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-43.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
16-25A-2
Section 16-25A-2 Public Education Employees' Health Insurance Board; membership, compensation,
oath of office, officers, staff, etc. (a) The Public Education Employees' Health Insurance
Board shall consist of the members of the Board of Control of the Teachers' Retirement System
of Alabama; (b) Board members shall serve without compensation for their services as board
members, but shall be reimbursed from the fund established in subsection (f) of Section
16-25A-8 for all necessary expenses that they may incur through service on the board; (c)
Each board member shall, within 10 days after his appointment or election to the Board of
Control of the Teachers' Retirement System, take an oath of office that, so far as it devolves
on him, he will diligently and honestly administer the affairs of the board herein established,
and that he will not knowingly violate, or willingly permit to be violated, any of the provisions
of law applicable to the Public Employees' Health Insurance Plan. Such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25A-2.htm - 2K - 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
36-27-21.5
Section 36-27-21.5 Cost-of-living increase for persons who retired before October 1,
1984; retirees under Judicial Retirement Fund ineligible; funding of increase; eligibility
of persons retired from unit participating under Section 36-27-6; persons whose Medicaid
benefits would be impaired are ineligible; construction with other laws. (a) There is hereby
provided contingent upon the funding provisions of subsection (c) of this section,
commencing October 1, 1985, to each person whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System was prior to October 1, 1984,
a cost-of-living increase of $2.00 per month for each year of creditable service attained
by said member; provided, however, that any person retired under the provisions of Section
36-27-7, or 36-27-7.1, shall receive an increase of $1.00 per month for each year of creditable
service attained by said member. (b) Any person retired under the Judicial Retirement Fund
of Alabama...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-21.5.htm - 6K - Match Info - Similar pages
16-25-10.6
Section 16-25-10.6 Elected superintendent of education; cost of coverage; purchase of
prior service credit. Any person now serving as an elected superintendent of education in
this state may become a member of the Teachers' Retirement System of Alabama within 90 days
after the ratification of an amendment to the Constitution of Alabama 1901 allowing elected
superintendents of education to participate in the Teachers' Retirement System, subject to
such rules and regulations as may be promulgated by the Board of Control of said system. Any
person hereafter elected to serve as superintendent of education shall be deemed to be a "teacher"
as defined in Section 16-25-1 and shall be entitled to the benefits thereof. The employer
cost for coverage of such elected superintendents shall be paid as for other school employees.
Provided further, that such elected superintendents shall be entitled to purchase prior service
credit as a teacher or superintendent in such system under such rules,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-10.6.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
|