36-21-183
Section 36-21-183 Board of Commissioners of the Alabama Firefighters Annuity and Benefit
Fund - Powers and duties. The board shall have the following powers in carrying out its responsibilities:
(1) To collect all moneys provided in this article to be collected by it. (2) To provide for
and maintain all necessary administrative facilities and personnel. (3) To provide for payment
of all administrative salaries, fees, and expenses. (4) To cause its moneys to be invested
in a manner consistent with the ERS investment policies and practices. (5) To pass upon all
applications for annuities and benefits provided for in this article. (6) To adopt such rules
as may be necessary or desirable to expedite the administration of the affairs of the board
pursuant to the Alabama Administrative Procedure Act. (7) To provide upon request descriptive
literature regarding the fund. (8) To pay all benefits and annuities that may be determined
to be due under this article and under the rules of the board....
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36-21-64
Section 36-21-64 Board of Commissioners of Alabama Peace Officers' Annuity and Benefit
Fund - Powers and duties generally. The board shall have the following powers in carrying
out its responsibilities under this article: (1) To collect all moneys provided in this article
to be collected by it; (2) To provide for and maintain all necessary administrative facilities
and personnel; (3) To provide for payment of all administrative salaries, fees and expenses;
(4) To cause its moneys to be invested and its investments sold or exchanged and the proceeds
and income collected; (5) To determine who is a peace officer; (6) To pass upon all applications
for annuities and benefits provided for in this article; (7) To adopt such rules and regulations
as may be necessary or desirable to expedite the administration of the affairs of the board
and as shall not be inconsistent with the laws of the state; (8) To provide descriptive literature
respecting the fund; (9) To pay all benefits and annuities...
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45-49A-63.81
Section 45-49A-63.81 Optional forms of payment. (a) Any member entitled to a benefit
under Section 45-49A-63.60, Section 45-49A-63.61, or subsection (a) of Section
45-49A-63.62 may elect to receive the benefit payable to him or her in one of the following
optional forms: (1) OPTION 1. A pension payable during the member's life only with no benefits
payable upon his or her death. (2) OPTION 2. A modified pension of equivalent actuarial value
to his or her benefit determined under Option 1, payable during the member's life, and after
his or her death payable at 50 percent or 100 percent, as the member may elect, of the rate
of his or her modified pension during the life of, and to, his or her beneficiary. (3) OPTION
3. A modified pension of equivalent actuarial value to his or her benefit determined under
Option 1, payable during the member's life, and after his or her death payable at 50 percent
or 100 percent, as the member may elect, of the rate of his or her modified pension during...

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36-21-187
Section 36-21-187 Participation in fund; fees. (a) Participation in the fund established
by this article is entirely elective on the part of a firefighter, and the benefits provided
herein are in addition to any other benefits provided by law for firefighters. (b) Each firefighter
who becomes a member shall pay to the fund a regular fee of twenty dollars ($20) per calendar
month, 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 under this article. A member who
has 25 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. (c) Six months from April 30, 2010, all applicants for membership
who join the fund shall pay an initial fee of twenty dollars ($20)...
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12-17-227.12
Section 12-17-227.12 (Effective November 8, 2016, subject to contingencies) Fraud; correction
of errors. (a) Any person who shall knowingly make any false statement or shall falsify or
permit to be falsified any record or records of this plan in any attempt to defraud such plan
shall be guilty of a misdemeanor and, on conviction thereof by any court of competent jurisdiction,
shall be punished by a fine not exceeding $500.00, or imprisonment not exceeding 12 months,
or both such fine and imprisonment, at the discretion of the court. (b) Should any charge
or error in the records result in any member or beneficiary receiving from the fund more or
less than he or she would have been entitled to receive had the records been correct, the
Board of Control shall correct such error and, as far as practicable, shall adjust the payment
in such manner that the actuarial equivalent of the benefit to which such member or beneficiary
was correctly entitled shall be paid. (Act 2015-498, §31.)...
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12-18-161
Section 12-18-161 (Effective November 8, 2016, subject to contingencies) Fraud; correction
of errors. (a) Any person who shall knowingly make any false statement or shall falsify or
permit to be falsified any record or records of this plan in any attempt to defraud such plan
shall be guilty of a misdemeanor and, on conviction thereof by any court of competent jurisdiction,
shall be punished by a fine not exceeding $500.00, or imprisonment not exceeding 12 months,
or both such fine and imprisonment, at the discretion of the court. (b) Should any charge
or error in the records result in any member or beneficiary receiving from the fund more or
less than he or she would have been entitled to receive had the records been correct, the
Board of Control shall correct such error and, as far as practicable, shall adjust the payment
in such manner that the actuarial equivalent of the benefit to which such member or beneficiary
was correctly entitled shall be paid. (Act 2015-498, §13.)...
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45-37-123.100
Section 45-37-123.100 Retirement benefits. (a) Superannuation retirement benefit. (1)
ELIGIBILITY. A member shall be eligible for a superannuation retirement benefit if: a. The
member has 30 or more years of paid membership time, regardless of age; b. The member has
10 or more years of paid membership time and has attained the age of 60; or c. The member
has 30 years of service, 20 years of which are paid membership time, and has attained the
age of 55. (2) CALCULATION OF BENEFIT. If a member meets the foregoing eligibility criteria,
then the member shall be eligible to retire and receive a monthly benefit for the remainder
of his or her life to be determined by the following formula: a. Two and one-half percent
multiplied by the basic average salary multiplied by the number of years of paid membership
time; plus b. Five-eights of one percent multiplied by the basic average salary multiplied
by the number of years of unpaid membership time, if applicable. (3) SEVENTY-FIVE PERCENT...

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45-37A-51.03
Section 45-37A-51.03 Board of managers. (a)(1) In order to assure representation of
all participants of this system, there shall be a board of managers of five members for the
administration, management, and control of the supplemental pension system, including administration,
management, control, acquisition, and disbursement of the fund. The board shall consist of
the president of the governing body of the city, who shall be chair of the board, and four
associate members, designated respectively as Member No. 1, Member No. 2, Member No. 3, and
Member No. 4. (2) Member No. 1 shall be appointed by the Jefferson County Personnel Board
and shall be a person who at the time of appointment has had five or more consecutive years
immediately preceding his or her appointment and has been an officer of, or the occupant of
an executive position in insurance, actuarial, investment, banking, or as a certified public
accountant and shall serve for a term of four years. Should the appointed Member...
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36-27-27
Section 36-27-27 Making of false statement, etc., for purpose of defrauding retirement
system; correction of errors in records and payments to beneficiaries or members. (a) Any
person who shall knowingly make any false statement or shall falsify or permit to be falsified
any record or records of this retirement system in any attempt to defraud such system shall
be guilty of a misdemeanor and, on conviction thereof by any court of competent jurisdiction,
shall be punished by a fine not exceeding $500.00, or imprisonment not exceeding 12 months,
or both such fine and imprisonment, at the discretion of the court. (b) Should any charge
or error in the records result in any member or beneficiary receiving from the retirement
system more or less than he would have been entitled to receive had the records been correct,
the Board of Control shall correct such error and, as far as practicable, shall adjust the
payment in such manner that the actuarial equivalent of the benefit to which such...
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45-49A-63.63
Section 45-49A-63.63 Death. (a) If a member eligible for a retirement benefit under
Section 45-49A-63.60 or a member eligible for a benefit under subsection (a) of Section
45-49A-63.62 dies prior to his or her annuity starting date, his or her eligible family members
shall receive a benefit equal to the greater of (i) the benefit they would have received had
the member met the requirements of Section 45-49A-63.60 or subsection (a) of Section
45-49A-63.62 of the plan, as the case may be, retired, or terminated employment on the day
preceding his or her death and begun to receive his or her benefit in accordance with the
50 percent survivor's benefit in Option 2 of Section 45-49A-63.81 or (ii) a single
sum equal to the lesser of (A) twice the member's contributions to the plan under Section
45-49A-63.102 or (B) the sum of the member's contributions to the plan under Section
45-49A-63.102 plus five thousand dollars ($5,000). The benefit in clause (i) shall be converted
to a single sum of...
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