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16-25-17
Section 16-25-17 Increase in benefits - Cost-of- living increase for certain persons.
(a) There is hereby created a cost-of-living increase, not to exceed 15 percent in any case,
which shall be applied to the benefit of any retired teacher or any teacher who retires after
October 1, 1975, whose retirement benefit, when calculated upon the 2.0125 percent factor,
does not result in a benefit increase of 15 percent as compared to the benefit to which such
retired member was entitled to receive prior to the implementation of the 2.0125 percent formula
factor provided for in Section 16-25-14 and this section. (b) Any person described
in subsection (a) of this section shall be entitled to receive an amount which, when
added to the benefit he is entitled to receive after the implementation of the 2.0125 percent
formula factor, shall be sufficient to equal an increase of 15 percent above the benefit which
such person was entitled to receive prior to the implementation of the 2.0125 percent...
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16-25A-8
Section 16-25A-8 Funding of health insurance plan; participation; Public Education Employees'
Health Insurance Fund. (a) The Public Education Employees' Health Insurance Board is hereby
authorized to provide under the contract or contracts entered into under the provisions of
this article an insurance benefit plan for each covered employee and, under certain conditions,
retired employees; the cost of such plan may be funded in part or in full through monthly
premiums per active employee from the same source of funds as those used for the payment of
salaries of active members and in part from other funds. (b) On or before January 1 next preceding
each regular meeting of the Legislature, the board shall certify to the Governor and to the
Legislature the amount or amounts necessary to fund coverage for benefits authorized by this
article for the following fiscal year for employees and for retired employees as a monthly
premium per active member per month. The Legislature shall set the...
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36-27-12
Section 36-27-12 Transfer of service credits, etc., from Teachers' Retirement System
of Alabama. (a) Any member of the Employees' Retirement System who, not more than one year
prior to becoming a member of the employees' retirement system, was a member of the Teachers'
Retirement System of Alabama may elect to transfer to the Employees' Retirement System his
service credits in said Teachers' Retirement System, as provided in this section. (b)
Any such member so desiring to transfer such service credits shall notify the Board of Control
of the Employees' Retirement System after he becomes a member of the employees' retirement
system of his election to transfer such service credits and shall authorize transfer of the
amount of his accumulated contributions to his credit in said Teachers' Retirement System
to the Annuity Savings Fund of the Employees' Retirement System. (c) The Board of Control
of the Teachers' Retirement System shall thereupon certify to the Board of Control of the...
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36-27-145
Section 36-27-145 Pensioners who retired prior to membership of employer in system.
(a) Commencing October 1, 1998, any retired employee who retired from a city, town, county,
or public or quasi-public organization of the state before the city, town, county, or public
or quasi-public organization of the state became a member of the Employees' Retirement System,
and who is receiving a monthly benefit prior to October 1, 1998, administered by the Employees'
Retirement System, and whose years of creditable service has not been made known to the Employees'
Retirement System, may receive an increase in benefits in the amount of sixty dollars ($60)
per month if the monthly benefit is five hundred dollars ($500) or less; ninety dollars ($90)
per month if the monthly benefit is more than five hundred dollars ($500) but less than one
thousand dollars ($1,000); one hundred twenty dollars ($120) per month if the monthly benefit
is more than one thousand dollars ($1,000) but less than fifteen...
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45-37-123.101
Section 45-37-123.101 Postretirement joint survivorship pension. (a) Election of postretirement
joint survivorship pension. In lieu of a benefit under subsections (a) to (c), inclusive,
of Section 45-37-123.100, superannuation retirement benefit, early retirement benefit,
or deferred retirement benefit, respectively, a member may elect to receive a postretirement
joint survivorship pension. (1) PERCENTAGE ELECTION. In the event that a member desires to
elect pursuant to this subsection to receive a postretirement joint survivorship pension,
he or she shall elect one of the following percentages, which election shall be the actuarial
equivalent of the monthly retirement benefit provided in subsections (a) to (c), inclusive,
of Section 45-37-123.100, as applicable: a. Reduced monthly benefit payable over the
life of the member and the life of the member's designated beneficiary, 50 percent postretirement
joint survivorship pension. b. Reduced monthly benefit payable over the life of the...
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36-27-155
Section 36-27-155 Pensioners who retired prior to membership of employer in system.
(a) Commencing October 1, 2000, any retired employee who retired from a city, town, county,
or public or quasi-public organization of the state before the city, town, county, or public
or quasi-public organization of the state became a member of the Employees' Retirement System,
and who is receiving a monthly benefit prior to October 1, 2000, administered by the Employees'
Retirement System, and whose years of creditable service has not been made known to the Employees'
Retirement System, may receive an increase in benefits of four percent, except that no pensioner
shall receive an increase of less than twenty-five dollars ($25) per month, provided the retired
employee retired prior to October 1, 2000, and the employer decides to come under the provisions
of this article. (b) Retired local public agency employees who retired prior to membership
of the employer in the Employees' Retirement System and...
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36-27-184
Section 36-27-184 Pensioners who retired prior to membership of employer in system.
(a) Commencing October 1, 2002, any retired employee who retired from a city, town, county,
or public or quasi-public organization of the state before the city, town, county, or public
or quasi-public organization of the state became a member of the Employees' Retirement System,
and who is receiving a monthly benefit prior to October 1, 2002, administered by the Employees'
Retirement System, and whose years of creditable service have not been made known to the Employees'
Retirement System, may receive an increase in benefits of three percent except that no pensioner
shall receive an increase of less than fifteen dollars ($15) per month, provided the retired
employee retired prior to October 1, 2001, and the employer elects to come under the provisions
of this article. (b) Retired local public agency employees who retired prior to membership
of the employer in the Employees' Retirement System and whose...
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11-43-12.1
Section 11-43-12.1 Purchase of services or personal property by Class 7 or 8 municipalities
from elected officials, employees, or members of municipal boards. (a) Notwithstanding any
statute or law to the contrary, any municipality in Class 7 or 8 may legally purchase from
any of the elected officials of such municipality or employees of such municipality or board
members of municipal boards organized under statutory authority by or for such municipality,
any personal service or personal property, provided the elected official, employee, or board
member is the only domiciled vendor of the personal service or personal property within the
municipality, and such elected official, employee, or board member may legally sell such personal
service or personal property to the municipality. The cost or value of such personal service
or personal property authorized to be obtained or purchased under this section shall
in no event exceed the sum of $3,000.00. The elected official, employee, or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-43-12.1.htm - 4K - Match Info - Similar pages
11-50-268
Section 11-50-268 Application to Public Service Commission for determination as to terms
of acquisition; hearing; issuance of order by commission as to terms, conditions, etc., of
acquisition. If acquisition of the property sought to be acquired by the waterworks board
is not consummated under the provisions of Sections 11-50-266 and 11-50-267, the waterworks
board before proceeding to engage in the proposed business shall take such steps as may be
provided in this division. If the waterworks board and the owner fail within 60 days after
written notice to the owner as provided in Section 11-50-266 to consummate the proposed
acquisition, either the waterworks board or the owner may apply to the Public Service Commission
within 15 days after the expiration of such 60 day period for a determination as to what property
ought in the public interest to be included in the purchase and what price ought to be paid,
having in view the cost of the property less a reasonable allowance for...
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16-25-4
Section 16-25-4 Transfer of membership from the Employees' Retirement System of Alabama
generally. (a) Any member of the Teachers' Retirement System who, not more than one year prior
to becoming a member of the Teachers' Retirement System, was a member of the Employees' Retirement
System of Alabama may elect to transfer to the Teachers' Retirement System his service credits
in said Employees' Retirement System, as herein provided. (b) Any such member so desiring
to transfer such service credits shall notify the Board of Control of the Teachers' Retirement
System after he becomes a member of the Teachers' Retirement System of his election to transfer
such service credits and shall authorize transfer of the amount of his accumulated contributions
to his credit in said Employees' Retirement System to the annuity savings fund of the Teachers'
Retirement System. (c) The Board of Control of the Employees' Retirement System shall thereupon
certify to the Board of Control of the Teachers'...
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