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16-25-33
Section 16-25-33 Term Life Insurance Fund; payment of benefits; funding. (a) A separate
fund to be known as the Term Life Insurance Fund is hereby established within the Teachers'
Retirement System of Alabama. Such fund shall consist of all monies paid by the employers
for term life insurance, and of the investment earnings of such monies and all such funds
shall be used only for the payment of benefits provided by this section. (b) Commencing
October 1, 1995, upon proof satisfactory to the board of the death of a contributing member
who is a full-time employee there shall be paid in the form of a term life insurance benefit
the sum of $15,000. On account of the death of a part-time employee, the benefit provided
herein shall be prorated based on the employee's percent of full-time employment. This benefit
shall be paid to the designated beneficiary on file with the Teachers' Retirement System.
For purposes of this section, a person shall be deemed a contributing member if (1)
he or...
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45-37A-51.08
Section 45-37A-51.08 Retroactive Deferred Retirement Option Plan. (a) A member who retires
at least 90 days following the effective date of this section, who has then completed
at least 26 years, but less than 30 years, of credited service, and who is otherwise entitled
to retire and receive a monthly retirement allowance under the supplemental pension system,
shall have the opportunity to elect a Back DROP plan. A member eligible for the Back DROP
plan may elect, in writing at his or her retirement to retroactively drop his or her credited
service in excess of 23 years, for a period of months not exceeding 36 months immediately
preceding the date of retirement, the Back DROP period. A member who is not actively employed
may not make a Back DROP election to be effective, a Back DROP election by a married member
shall be approved in writing by his or her spouse. (b) Notwithstanding subsection (a) and
subsection (d) of Section 45-37A-51.07 in effect as of the date of the member's...
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16-25A-17
Section 16-25A-17 Partial funding of health insurance coverage for retired employees;
method of determining amount; provisions supplemental. (a)(1) Any premiums paid to the Public
Education Employees' Health Insurance Board for active employees shall include an amount to
partially fund the cost of coverage for retired employees. Notwithstanding the foregoing,
if the plan becomes fully funded pursuant to this article, this section shall not apply.
(2) The amount authorized by subdivision (1) of this subsection shall not be less than an
amount determined by multiplying the number of retired employees by an individual retired
employee rate. The individual retired employee rate shall be determined by multiplying the
full cost of coverage for a retired employee eligible to receive benefits under the federal
Medicare program times the fractional amount derived by dividing the current individual premium
for an employee not eligible for benefits under the federal Medicare program by the full...
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17-3-5
Section 17-3-5 Compensation and allowances for registrars; treatment as state employees.
(a) Each registrar shall receive a salary in the amount of eighty dollars ($80) per day for
each day's attendance upon business of the board, to be paid by the state and disbursed to
the county commissions and disbursed by the county commissions to each registrar on order
of a quorum of the board of registrars of the county. The state Comptroller shall issue to
each county commission on a monthly basis an amount sufficient to fund these payments plus
the employer share of the Social Security or Federal Insurance Corporation Act tax. The county
commission will provide to the state Comptroller an invoice itemized to reflect payments made.
If a legal holiday falls on a day the board is to be in session, and the courthouse of the
county is closed for the holiday, the board of registrars shall be compensated for the holiday.
Each registrar shall receive a mileage allowance equal to the amount allowed...
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45-49-151.17
Section 45-49-151.17 Disposition of funds. (a) All fees, commissions, taxes, and other
monies, including fines and forfeitures, received under this subpart shall be paid to the
racing commission and shall be remitted by it to the county treasurer for deposit in the county
treasury to the account of the Mobile County Racing Commission as directed by the racing commission.
All monies remaining after payment of the expenses incurred in the administration of this
subpart including, but not limited to, the payment of the salaries and expenses of the members
and employees of the racing commission, and subject to any reserves for contingencies as the
racing commission shall direct, shall be distributed by the county treasurer monthly as follows:
(1) Until the capital improvement fund has accumulated four million two hundred thousand dollars
($4,200,000): Forty percent to the University of South Alabama for the use of the medical
school; 10 percent to S. D. Bishop State Community College; 15...
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16-25-190
Section 16-25-190 Increase in benefits to members and beneficiaries. (a) Commencing
October 1, 2005, there is provided an increase in benefits to each person currently receiving
benefits whose effective date of retirement was prior to October 1, 2004, for purposes of
receiving benefits, and to certain beneficiaries of deceased members and deceased retirees
currently receiving survivor benefits, if the effective date of retirement or death for the
deceased retiree or deceased member was prior to October 1, 2004, for purposes of receiving
benefits from the Teachers' Retirement System, a cost-of-living adjustment (COLA) of four
percent of the current gross benefit, but not less than fifteen dollars ($15) per month. (b)
Any future survivor allowance shall be adjusted as provided in the members' original option
selection for those eligible retirees who have selected a monthly survivor allowance payable
to a designated beneficiary upon the death of the retiree, or otherwise provided by law...
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16-33C-7
Section 16-33C-7 PACT contracts. (a) Each PACT contract shall include, but shall not
be limited to, the following terms: (1) The amount and the number of contract payments required
from a purchaser on behalf of a designated beneficiary. (2) The terms and conditions under
which purchasers shall remit contract payments, including, but not limited to, the date or
dates upon which each contract payment shall be due. (3) Provisions for late payment charges
and for default. (4) Provisions for withdrawal from the PACT Program, including refunds and
any penalty therefor. (5) The name and date of birth of the designated beneficiary on whose
behalf a contract is drawn. (6) Terms and conditions under which another person may be subsequently
substituted for the designated beneficiary originally named. (7) The name of the person entitled
to terminate the PACT contract, the terms and conditions under which a PACT contract may be
terminated, and the name of the person entitled to any refund due as a...
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36-21-190
Section 36-21-190 Disability benefits. (a) Any member who becomes totally or permanently
disabled as a result of a heart attack or any injury received in the line of duty as a firefighter,
not as a result of his or her misconduct, and who makes proper application to the board on
a form supplied by the board and submits evidence satisfactory to the board of such total
or permanent disability and the circumstances giving rise to its occurrence, shall be entitled
to be paid benefits. The board may require that any applicant for benefits under this section
be examined by one or more physicians on behalf of the board and at its expense. Failure of
any such applicant to subject himself or herself to such examination shall be sufficient grounds
for the board to deny payment of benefits under this section. Any benefit paid under
this section shall be paid for a period of not longer than 24 calendar months as follows:
(1) Seventy-two dollars ($72) per calendar month if his or her qualified...
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36-21-71
Section 36-21-71 Disability benefits. Any member who becomes totally or permanently
disabled as a result of a heart attack or any injury received in the line of duty as a peace
officer not as a result of his misconduct and who makes proper application to the board on
a form to be supplied by the board and submits evidence satisfactory to the board of such
total or permanent disability and the circumstances giving rise to its occurrence shall be
entitled to be paid benefits. The board shall have the right to require that any applicant
for benefits under this section be examined by one or more physicians on behalf of
the board and at its expense. Failure of any such applicant to subject himself to such examination
shall be sufficient grounds for the board to deny payment of benefits under this section.
Any benefit paid under this section shall be paid for a period of not longer than 24
calendar months as follows: (1) Seventy-two dollars per calendar month if his qualified service
is not...
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36-27-21.4
Section 36-27-21.4 Cost-of-living increase for persons whose date of retirement is prior
to October 1, 1984; funding; eligibility where Medicaid eligibility would be impaired. (a)(1)
There is hereby provided, commencing October 1, l985, to each person, whose effective date
of retirement for purposes of receiving benefits from the Teachers' Retirement System, is
prior to October 1, 1984, and who is receiving an allowance therefrom, a cost of living increase
of $2.00 per month for each year of creditable service attained by said retired member. (2)
There is hereby provided, commencing October 1, 1985, to each person, whose effective date
of retirement for purposes of receiving benefits from the Employees' Retirement System, is
prior to October 1, 1984, and who is receiving benefits therefrom, a cost of living increase
of $2.00 per month for each year of creditable service attained by said retired member provided
that only those retired members of the Employees' Retirement System whose...
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