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45-28A-42.61
Section 45-28A-42.61 Mandatory retirement. The board of trustees shall have the power
and authority and it is hereby made mandatory that it shall retire from service in the police
and fire departments of any city to which this subpart applies any member thereof, who has
attained the age of 65 years, and the board of trustees shall direct the payment to such retired
member, monthly, from the fund, the amount of money hereinafter provided for his or her particular
position, office, salary, or class of work. (Act 80-442, p. 674, ยง13.)...
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45-37A-51.246
Section 45-37A-51.246 Board of health department retirees' supplemental benefit. (a)
Effective July 1, 2006, in addition to the benefits described herein for normal retirement,
ordinary disability, and extraordinary disability, every participant retired from the health
department who has retired under the pension system herein, immediately following having been
in the board of health service, or who did not otherwise become eligible for a benefit calculated
at 2.5 percent per year after July 1, 2006, any such retiree of the board of health shall
receive an increase in the amount of seventy-five dollars ($75) per month; and any survivor
of such retiree or participant shall receive an increased monthly benefit based upon the applicable
percentage rate of benefit to which the survivor was otherwise entitled determined as of the
date of death of such retiree or participant. (b) No benefit shall be granted under this section
until an actuarial determination has been made that there are...
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12-18-10
Section 12-18-10 Retirement and disability benefits of justices of Supreme Court, judges
of courts of appeals and judges of circuit courts; payment of benefits to spouses upon death
of justices or judges; call to active duty status of retired justices or judges; powers, duties,
compensation, etc., of retired justices or judges on active duty status; transfer of justices
or judges from active to inactive status, etc. (a) The retirement benefit payable to a justice
of the Supreme Court or judge of one of the courts of appeals retiring pursuant to subdivision
(2), (3), (4) or (5) of subsection (a) of Section 12-18-6 shall be 75 percent of the
salary prescribed by law for the position from which he retires, payable monthly for the rest
of his life. Such benefit shall continue to be 75 percent of his salary prescribed by law
for such position and shall change in amount as such salary is hereafter increased or decreased
by law and shall not be subject to writs of attachment or garnishment....
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36-21-68
Section 36-21-68 Eligibility for membership; application and fees. Nothing in this article
shall be construed as requiring that any member of the fund become a member of the association
or the order, or that any member of the association or the order become a member of the fund.
Each peace officer who becomes a member shall pay to the fund a regular fee in an amount of
up to forty dollars ($40) to be determined by the Board of Commissioners based upon the recommendation
of the actuary, to be paid on or before the tenth calendar day of each month so long as he
or she is a member or until he or she becomes entitled to benefits hereunder. A member who
has 30 years of qualified service in the fund and having met all other requirements of the
law and thereby having earned maximum benefits provided will no longer be required to make
monthly contributions for his or her membership and will retain all of the rights and privileges
as provided any other member. All applicants for membership must...
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36-21-192
Section 36-21-192 Appointment of actuary; action upon report; liability for deficiency
in payments. (a) The board shall appoint and employ an actuary to make an actuarial valuation
every three years or earlier, if deemed required, of the receipts and income accruing to the
fund based on age, expected mortality, disability, and retirement status of the members and
the qualified service and membership service of members and to determine what percentage of
the proposed payments, annuities, and benefits set forth in this article may be paid if the
fund is to be kept on an actuarially sound and solvent basis. Upon receipt of the report of
the actuary, the executive director shall present it to a meeting of the board which shall
make adjustments of annuities and benefits, up or down, as recommended by the actuary. Any
increase or reduction in benefits resulting from any actuarial study or from any subsequent
amendment of this article shall be applicable to all persons then receiving such...
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36-21-73
Section 36-21-73 Appointment of actuary; action upon report; liability for deficiency
in payments. The board shall have appointed and employed an actuary to make an actuarial valuation
every three years or earlier, if deemed required, of the receipts and income accruing to the
fund based on age, expected mortality, disability, and retirement status of the members and
the qualified service and membership service of members and to determine what percentage of
the proposed payments, annuities, and benefits set forth in this article may be paid if the
fund is to be kept on an actuarily sound basis and in an actuarily solvent condition. Upon
receipt of the report of the actuary, the executive director shall present it to a meeting
of the board which shall have the power and shall be required to make adjustments of annuities
and benefits, up or down, as are recommended by the actuary. Any increase or reduction in
benefits resulting from any actuarial study or from any subsequent amendment of...
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12-17-4
Section 12-17-4 State assumption of retirement and other employee benefits. (a) Retirement.
- Employees of the circuit and district court, hereinafter "eligible employees,"
shall, on the date they join or joined the state personnel system, be covered by the Employees'
Retirement System of Alabama; provided, that an employee who on that date is covered by a
local retirement system may by written notice filed within 30 days prior to the date the employee
joins the state personnel system, with the Comptroller, elect to retain instead membership
in the local retirement plan; provided further, that any employee joining the state personnel
system on or before October 1, 1977, shall have the right to make such election within 30
days prior to October 1, 1977. Upon election of an employee, the Comptroller shall pay to
such local government plans the employer retirement contribution attributable to employees
electing to retain local plan membership; provided, that such employer contribution...
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16-25-111
Section 16-25-111 Cost-of-living increase to members and beneficiaries of Employees'
Retirement System. (a) Commencing October 1, 1996, there is provided to certain persons identified
in subsection (b) of this section who are currently receiving benefits, whose effective
date of retirement was prior to October 1, 1996, for purposes of receiving benefits from the
Employees' Retirement System, and to certain beneficiaries of deceased members and deceased
retirees who are currently receiving survivor benefits if the effective date of retirement
or death for the deceased member or retiree was prior to October 1, 1996, for purposes of
receiving benefits from the Employees' Retirement System shall receive a cost-of-living increase
of not less than twenty-five dollars ($25) per month and the increase shall be more if determined
as follows: (1) Two percent (2%) of the current gross benefit paid to the retiree and to certain
beneficiaries of deceased members and deceased retirees. (2) One...
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16-25-121
Section 16-25-121 Cost-of-living increase to members and beneficiaries of Employees'
Retirement System. (a) Commencing October 1, 1998, there is provided to certain persons identified
in subsection (b) who are currently receiving benefits, whose effective date of retirement
was prior to October 1, 1998, for purposes of receiving benefits from the Employees' Retirement
System, and to certain beneficiaries of deceased members and deceased retirees who are currently
receiving survivor benefits if the effective date of retirement or death for the deceased
member or retiree was prior to October 1, 1998, for purposes of receiving benefits from the
Employees' Retirement System shall receive a cost-of-living increase of not less than thirty
dollars ($30) per month and the increase shall be more if determined as follows: (1) Four
percent of the current gross benefit paid to the retirees and to certain beneficiaries of
deceased members and deceased retirees. (2) Two dollars ($2) per month for...
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16-25-1
Section 16-25-1 Definitions. For the purposes of this chapter the following terms, unless
a different meaning is plainly required by the context, shall have the following respective
meanings: (1) RETIREMENT SYSTEM. The Teachers' Retirement System of Alabama as defined in
Section 16-25-2. (2) PUBLIC SCHOOL. Any day school conducted within the state under
the authority and supervision of a duly elected or appointed county or city board of education
and any educational institution supported by and under the control of the state or any private
nondenominational school operated nonprofit for the education of children of school age residing
within a district where no public school is available for the children. (3) TEACHER. Any teacher,
principal, superintendent, supervisor, college professor, administrative officer, or clerk
employed in any public school or public college within the state or employed in any private
nondenominational school operated nonprofit for the education of children of...
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