|
16-25-10.5
Section 16-25-10.5 Executive officers and employees of Alabama Opportunities Industrialization
Center; contributions; creditable service. (a) The governing board of the Alabama Opportunities
Industrialization Center may, by resolution legally adopted to conform to the rules prescribed
by the Board of Control of the Teachers' Retirement System, elect to have its executive officers
and employees, from whatever source and in whatever manner paid, become eligible to participate
in the Teachers' Retirement System of Alabama, subject to all rules, regulations and conditions
thereof. (b) The governing body of the Alabama Opportunities Industrialization Center, having
made an election through a resolution as provided in subsection (a), its employees and executive
officers may participate in and be entitled to all benefits of the Teachers' Retirement System
of Alabama, provided that where contributions are made from salaries paid by the Alabama Opportunities
Industrialization Center, the center...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-10.5.htm - 2K - Match Info - Similar pages
16-25-10.8
Section 16-25-10.8 Officers and employees of Developing Alabama Youth Foundation; contributions;
creditable service. (a) The governing body of the Developing Alabama Youth Foundation may,
by resolution legally adopted to conform to the rules prescribed by the Board of Control of
the Teachers' Retirement System, elect to have its executive officers and full-time employees,
from whatever source and in whatever manner paid, become eligible to participate in the Teachers'
Retirement System of Alabama, subject to all rules, regulations, and conditions thereof. (b)
The governing body of the Developing Alabama Youth Foundation, having made an election through
a resolution as provided in subsection (a), its employees and executive officers may participate
in and be entitled to all benefits of the Teachers' Retirement System of Alabama; provided,
that where contributions are made from salaries paid by the Developing Alabama Youth Foundation,
the Developing Alabama Youth Foundation shall pay the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-10.8.htm - 2K - Match Info - Similar pages
36-21-76
Section 36-21-76 Rights, annuities and benefits subject to change by Legislature; no
vested rights in annuities, benefits, etc.; when determination of years of qualified service
conclusive; reinstatement of benefits of certain members; adjustment of amount of benefits.
All rights, annuities and benefits provided herein shall be subject to future change by the
Legislature of the state, and subject to future changes or revisions as provided in this article,
and no member or beneficiary provided for in this article or hereafter existing shall be deemed
to have any vested right in the fund or to any annuity or benefit provided in this article.
However, when the board has once approved a member's application for a retirement annuity
or benefit and such member has actually received such benefits pursuant to the board's determination
for a period of two years, then such determination as to such member's years of qualified
service shall be conclusive, and the board shall not thereafter arrive...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-21-76.htm - 1K - Match Info - Similar pages
36-27-59
Section 36-27-59 Award of hazardous duty time; purchase of credit under Employees' or
Teachers' Retirement System. (a) When used in this section, the following terms shall
have the following meanings, unless the context clearly indicates otherwise: (1) CORRECTIONAL
OFFICER. A full-time correctional officer who is certified as a correctional officer by the
Alabama Peace Officers' Standards and Training Commission. (2) FIREFIGHTER. A full-time firefighter
employed with the State of Alabama, a municipal fire department, or a fire district who has
a level one minimum standard certification by the Firefighters Personnel Standards and Education
Commission, or a firefighter employed by the Alabama Forestry Commission who has been certified
by the State Forester as having met the wild land firefighter training standard of the National
Wildfire Coordinating Group. (3) LAW ENFORCEMENT OFFICER. A full-time law enforcement officer,
not covered as a state policeman, employed with any state agency,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-59.htm - 5K - Match Info - Similar pages
36-27-6.5
Section 36-27-6.5 Employers authorized to provide Tier I retirement benefits to Tier
II plan members. (a) Any employer participating in the Employees' Retirement System of Alabama
pursuant to Section 36-27-6, may, by adoption of a resolution by May 8, 2021, elect
to provide to its Tier II plan members the same retirement benefits provided to Tier I plan
members. Provided, however, the Employees' Retirement System Board of Control, based on a
staff review of the historical compliance with ERS requirements as well as the financial stability
of the local government entity, may elect to deny the election authorized herein. The local
entity may petition the Board of Control for a reconsideration of its action by May 8, 2021.
The election shall be irrevocable and shall be effective at the beginning of the fiscal year
following the date the resolution is received by the ERS. (b) Any employer that has not increased
the Tier I member contribution rates as provided in Act 2011-676 shall develop...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-6.5.htm - 2K - Match Info - Similar pages
16-25-10.4
Section 16-25-10.4 Executive officers and employees of Alabama Congress of Parents and
Teachers; contributions; creditable service. (a) The governing board of the Alabama Congress
of Parents and Teachers may, by resolution legally adopted to conform to the rules prescribed
by the Board of Control of the Teachers' Retirement System, elect to have its executive officers
and employees, from whatever source and in whatever manner paid, become eligible to participate
in the Teachers' Retirement System of Alabama, subject to all rules, regulations and conditions
thereof. (b) The governing body of the Alabama Congress of Parents and Teachers, having made
an election through a resolution as provided in subsection (a), its employees and executive
officers may participate in and be entitled to all benefits of the Teachers' Retirement System
of Alabama, provided that where contributions are made from salaries paid by the Alabama Congress
of Parents and Teachers, the association shall pay the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-10.4.htm - 2K - Match Info - Similar pages
12-18-150
Section 12-18-150 (Effective November 8, 2016, subject to contingencies) Definitions.
When used in this article, the following terms shall have the following meanings, respectively,
unless the context clearly indicates otherwise: (1) ACCUMULATED CONTRIBUTIONS. The sum of
all the amounts deducted from the compensation of a member credited to his or her individual
account in the Judges' and Clerks' Plan, together with regular interest thereon. (2) ACTUARIAL
EQUIVALENT. A benefit of equal value when computed upon the basis of the mortality tables
adopted by the Board of Control and regular interest. (3) ANNUITY. Payments for life derived
from the accumulated contributions of a member. All annuities shall be payable in equal monthly
installments. (4) AVERAGE FINAL COMPENSATION. The average annual compensation of a judge or
clerk with respect to which he or she had made contributions pursuant to Section 12-18-152
during the five years in his or her last 10 years of membership service for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-18-150.htm - 3K - Match Info - Similar pages
36-27-170
Section 36-27-170 Participation in plan. (a) As governed by this subsection, there exists
as a part of this retirement system, an optional account known as the Deferred Retirement
Option Plan, which may be cited as "DROP." The purpose of DROP is to allow, contractually,
in lieu of immediate withdrawal from service and receipt of a retirement allowance, continued
employment for a specific period of time, coupled with the deferral of receipt of a retirement
allowance until the end of such period of participation, at which time the member shall withdraw
from service. (b) Participation in DROP is an option available to any member of this retirement
system who meets all of the following: (1) Has at least 25 years of creditable service exclusive
of sick leave. (2) Is at least 55 years of age, or in the case of a state police member, is
at least 52 years of age. (3) Is eligible for service retirement. (c) An election to participate
in DROP may be made in one year increments not to exceed five...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-170.htm - 5K - Match Info - Similar pages
12-17-227
Section 12-17-227 (Effective November 8, 2016, subject to contingencies) Definitions.
When used in this division, the following terms shall have the following meanings, respectively,
unless the context clearly indicates otherwise: (1) ACCUMULATED CONTRIBUTIONS. The sum of
all the amounts deducted from the compensation of a member credited to his or her individual
account in the District Attorneys' Plan, together with regular interest thereon. (2) ACTUARIAL
EQUIVALENT. A benefit of equal value when computed upon the basis of the mortality tables
adopted by the Board of Control and regular interest. (3) ANNUITY. Payments for life derived
from the accumulated contributions of a member. All annuities shall be payable in equal monthly
installments. (4) AVERAGE FINAL COMPENSATION. The average annual compensation of a district
attorney with respect to which he or she had made contributions pursuant to Section
12-17-227.2 during the five years in his or her last 10 years of membership service...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-17-227.htm - 3K - Match Info - Similar pages
36-30-50
Section 36-30-50 Supplemental insurance coverage for firefighters with cancer. (a) For
the purposes of this section, the following terms shall have the following meanings:
(1) CANCER. Includes bladder, blood, brain, breast, cervical, esophageal, intestinal, kidney,
lymphatic, lung, prostate, rectum, respiratory tract, skin, testicular, and thyroid cancer,
leukemia, multiple myeloma, Hodgkin's lymphoma, and non-Hodgkin's lymphoma. (2) CAREER FIREFIGHTER.
Any person employed with the state, a county or municipal government, an airport authority,
or a fire district who has obtained certification as a firefighter through and as defined
by the Alabama Firefighters' Personnel Standards and Education Commission, or a firefighter
employed by the Alabama Forestry Commission who has been certified by the State Forester as
having met the wild land firefighter training standard of the National Wildfire Coordinating
Group, and is offered typical employment benefits, including health insurance...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-30-50.htm - 10K - Match Info - Similar pages
|