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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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36-26-36.1
Section 36-26-36.1 Conversion of unused sick leave into membership service for retirement purposes.
(a) Any Tier I plan member of the Teachers' or Employees' Retirement System of Alabama not
otherwise covered by a provision to convert unused sick leave into membership service for
purposes of service retirement may, at their option and in lieu of receiving payment for 50
percent of their accrued and unused sick leave at the time of their retirement as provided
in Section 36-26-36, or any other payment that may be provided for such unused sick leave,
use their accrued sick leave, up to a maximum number of 180 accrued sick leave days or as
otherwise allowed by law, whichever is greater, to be included as membership service in determining
the total years of creditable service in the Employees' Retirement System of Alabama or the
Teachers' Retirement System of Alabama; provided that no employee of an employer participating
in the Employees' Retirement System pursuant to Section 36-27-6...
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10A-20-6.07
Section 10A-20-6.07 Certificates of authority; contracts with public. Every corporation organized
under this article shall procure from the Commissioner of Insurance a certificate of authority
to do business, for which the corporation shall pay the sum of two hundred dollars ($200),
and the certificates of authority shall be renewed thereafter on or before the first day of
March of each year. The corporation may then enter into contracts with the public, subject
to the restrictions contained in this article, for benefits under its health service plan.
It shall be the duty of the corporation to enter into contracts with and issue certificates
to those of the public who may desire to avail themselves of the benefits of the health service
plan and who, under its rules and regulations, make application and are eligible therefor.
The contracts may provide for more than one class of services or benefits, may designate the
person or persons, or the class of persons, entitled thereto, may...
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16-25-10.11
Section 16-25-10.11 Officers and employees of School Superintendents of Alabama. (a) The governing
body of the School Superintendents of Alabama, by resolution legally adopted to conform to
the rules prescribed by the Board of Control of the Teachers' Retirement System, may elect
to have its executive officers and employees, from whatever source and in whatever manner
paid, continue eligibility to participate in the Teachers' Retirement System of Alabama, subject
to all rules, regulations, and conditions thereof. (b) The governing body of the School Superintendents
of Alabama having made an election through a resolution as provided in subsection (a), its
employees and executive officers may continue to participate in and be entitled to all benefits
of the Teachers' Retirement System of Alabama. Where contributions are made from salaries
paid by the School Superintendents of Alabama, the School Superintendents of Alabama shall
pay the employer costs, calculated as a percentage of the...
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16-25A-5
Section 16-25A-5 Authorization for health insurance plan; election of optional or supplemental
coverage. (a) The board is hereby empowered and authorized to establish a fully insured or
self-insured health insurance plan for employees and, under certain conditions, retired employees
and to adopt and promulgate rules and regulations for the administration of such plan subject
to such limitations as may be contained in this article. Such plan may provide for group hospitalization,
surgical, medical, cancer, cash indemnity, and dental insurance against the financial costs
of hospitalization, surgical, and medical treatment and care and may also include, among other
things, prescribed drugs, medicines, prosthetic appliances, hospital inpatient and outpatient
service benefits, and hospital/medical expenses indemnity benefits, including major medical
benefits or such other coverage or benefits as may be deemed appropriate and desirable by
the board, within the limits of such funds as may be...
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19-3B-508
Section 19-3B-508 Qualified trusts under the Internal Revenue Code. (a) As used in this section:
(1) ASSIGNMENT or ALIENATION, and any conjugation thereof, includes any anticipation, assignment
at law or in equity, alienation, attachment, garnishment, levy, execution, or other legal
or equitable process. The term includes: (i) any arrangement providing for the payment to
the employer or other sponsor of such plan of benefits that otherwise would be due the participant
under the plan; (ii) any direct or indirect arrangement, whether revocable or irrevocable,
whereby any person acquires from a participant or beneficiary of such plan a right or interest
enforceable against the plan in, or to, all or any part of a plan benefit which is, or may
become, payable to the participant or beneficiary; (iii) any attachment, execution, seizure,
or the like, or under any form of legal process whatsoever; and (iv) the operation of any
bankruptcy or insolvency laws under 11 U.S.C. ยง 522(b) as from...
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36-27-151
Section 36-27-151 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 2000, each person whose employer participated in the Employees'
Retirement System pursuant to Section 36-27-6, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to July 1, 2000, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, may receive a cost-of-living increase determined by the provisions used in Section
36-27-150, if the employer elects to come under this article. Any employer making the election
to come under this article shall bear the cost of the cost-of-living increases paid to its
employees pursuant to this section. Any employer participating under Section 36-27-6, may
elect to come under the article at anytime and have this article become effective on October
1, 2000, or on October 1 of any subsequent fiscal year and the employer...
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36-27-181
Section 36-27-181 Amount of increase - Persons whose employers elects to come under provisions.
(a) Commencing October 1, 2002, each person whose employer participated in the Employees'
Retirement System pursuant to Section 36-27-6, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to October 1, 2001, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, may receive a cost-of-living increase determined by the provisions used in Section
36-27-180, if the employer elects to come under this article. Any employer making the election
to come under the article shall bear the cost of the cost-of-living increases paid to its
employees pursuant to this section. Any employer participating under Section 36-27-6, may
elect to come under this article at any time and have the article become effective on October
1, 2002, or on October 1 of any subsequent fiscal year and the employer...
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36-27-191
Section 36-27-191 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 2005, each person whose employer participated in the Employees'
Retirement System pursuant to Section 36-27-6, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to October 1, 2004, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, may receive a cost-of-living increase determined by the provisions used in Section
36-27-190, if the employer elects to come under this article. Any employer making the election
to come under the article shall bear the cost of the cost-of-living increases paid to its
employees pursuant to this section. Any employer participating under Section 36-27-6 may elect
to come under this article at any time and have the article become effective on October 1,
2005, or on October 1 of any subsequent fiscal year, and the employer...
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36-27-201
Section 36-27-201 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 2006, each person whose employer participated in the Employees'
Retirement System pursuant to Section 36-27-6, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to October 1, 2005, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, may receive a cost-of-living increase determined by the provisions used in Section
36-27-200, if the employer elects to come under this article. Any employer making the election
to come under the article shall bear the cost of the cost-of-living increases paid to its
employees pursuant to this section. Any employer participating under Section 36-27-6, may
elect to come under this article at any time and have the article become effective on October
1, 2006, or on October 1 of any subsequent fiscal year and the employer...
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