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36-27-121
Section 36-27-121 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 1994, 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,
1994, 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 formula used in
Section 36-27-120, if the employer elects to come under this article. Retirees who
chose Options 2, 3, or 4 shall receive the cost-of-living increase reduced by the same percentage
as the reduction which occurred because of the option selected unless the designated beneficiary
under the option is deceased on October 1, 1994, in which case the increase shall not be reduced.
Any employer making the election to come under the article shall bear the...
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36-27-141
Section 36-27-141 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 1998, 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, 1998,
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 formula used in Section
36-27-140, if the employer elects to come under this article. Retirees who chose Option 2,
3, or 4 shall receive the cost-of-living increase reduced by the same percentage as the reduction
which occurred because of the option selected unless the beneficiary under the option selected
is deceased on July 1, 1998, in which case the increase shall not be reduced. Any employer
making the election to come under this article shall bear the cost of the...
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36-27-95
Section 36-27-95 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 1993, 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,
1992, 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 formula used in
Section 36-27-94, if the employer elects to come under this article. Retirees who chose
Options 2, 3, or 4 shall receive the cost-of-living increase reduced by the same percentage
as the reduction which occurred because of the option selected. 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,...
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36-27-120
Section 36-27-120 Amount of increase - Persons other than persons whose employer participated
in Employees' Retirement System. (a) Commencing October 1, 1994, each person, except those
whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-6,
36-27-7, and 36-27-7.1, whose effective date of retirement for purposes of receiving benefits
from the Employees' Retirement System is prior to October 1, 1994, and who is receiving or
is entitled to receive a monthly allowance from the Employees' Retirement System, shall receive
a cost-of-living increase of not less than twenty-five dollars ($25) per month and the increase
shall be more if determined by computing the sum of the following three factors: (1) Two and
one-half (2.5) percent of the individual's current gross monthly benefit, including all previous
increases. (2) One dollar and fifty cents ($1.50) for each year of creditable service in covered
employment prior to retirement. (3) One dollar ($1) for...
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36-27-140
Section 36-27-140 Amount of increase - Persons other than persons whose employer participated
in Employees' Retirement System. (a) Commencing October 1, 1998, each person, except those
whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-6,
36-27-7, and 36-27-7.1, whose effective date of retirement for purposes of receiving benefits
from the Employees' Retirement System is prior to October 1, 1998, and who is receiving or
is entitled to receive a monthly allowance from the Employees' Retirement System, shall receive
a cost-of-living increase of not less than thirty dollars ($30) per month and the increase
shall be more if determined by computing the sum of the following two factors: (1) Four percent
of the individual's current gross monthly benefit, including all previous increases. (2) Two
dollars ($2) for each year of creditable service in covered employment prior to retirement.
Retirees who chose Option 2, 3, or 4 shall receive the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-140.htm - 2K - Match Info - Similar pages
36-27-94
Section 36-27-94 Amount of increase - Persons other than persons whose employer participated
in Employees' Retirement System; certain beneficiaries. (a) Commencing October 1, 1993, each
person, except those whose employer participated in the Employees' Retirement System pursuant
to Sections 36-27-6, 36-27-7, and 36-27-7.1, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to October 1, 1992, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, shall receive a cost-of-living increase determined by computing the sum of the following
three factors: (1) One and twenty-eight hundredths percent of the individual's current monthly
benefit, including all previous increases. (2) One dollar and twenty-eight cents for each
year of creditable service in covered employment prior to retirement. (3) One dollar and twenty-eight
cents for each year since the effective date of...
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36-27-16
Section 36-27-16 Retirement, etc., of employees; retirement allowances. (a)(1) RETIREMENT,
ETC., OF EMPLOYEES GENERALLY; ELIGIBILITY FOR SERVICE RETIREMENT BENEFITS. a. Any Tier I plan
member who withdraws from service upon or after attainment of age 60 and any Tier II plan
member who withdraws from service upon or after attainment of age 62 may retire upon written
application to the Board of Control setting forth at what time, not less than 30 days nor
more than 90 days subsequent to the execution and filing thereof, he or she desires to be
retired; provided, that any such member who became a member on or after October 1, 1963, shall
have completed 10 or more years of creditable service; provided further, that a Tier I plan
member employed as a state policeman shall be eligible to file application for service retirement
upon attaining age 52 and a Tier II plan member employed as a state policeman or employed
as a correctional officer, firefighter, or law enforcement officer as defined...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-16.htm - 34K - Match Info - Similar pages
16-25-14
Section 16-25-14 Retirement of members; benefits generally. (a)(1) Any Tier I plan member
who withdraws from service upon or after attainment of age 60 and any Tier II plan member
who withdraws from service upon or after attainment of age 62, or in the case of a Tier II
plan member who is a correctional officer, firefighter, or law enforcement officer as defined
in Section 36-27-59, who withdraws from service upon or after attainment of age 56
with at least ten years of creditable service as a correctional officer, firefighter, or law
enforcement officer may retire upon written application to the Board of Control setting forth
at what time, not less than 30 days nor more than 90 days subsequent to the execution and
filing thereof, he or she desires to be retired; provided, that any such member who became
a member on or after October 1, 1963, shall have completed 10 or more years of creditable
service. (2) Any Tier I plan member who has attained age 60 and any Tier II plan member who...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-14.htm - 23K - Match Info - Similar pages
36-27-132
Section 36-27-132 Amount of increase - Persons whose employer participated in Employees'
Retirement System. Commencing October 1, 1996, each person whose employer participates in
the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective
date of retirement for purposes of receiving benefits from the Employees' Retirement System
is prior to October 1, 1996, and who is receiving a monthly allowance or is eligible to receive
a monthly allowance from the Employees' Retirement System, and 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,
1996, for purposes of receiving benefits from the Employees' Retirement System, shall receive
a cost-of-living increase of not less than twelve dollars and fifty cents ($12.50) per month
and the increase shall be more if determined as follows: (1) Two percent...
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36-27-122
Section 36-27-122 Amount of increase - Persons whose employer participated in Employees'
Retirement System. Commencing October 1, 1994, each person whose employer participated in
the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective
date of retirement for purposes of receiving benefits from the Employees' Retirement System
is prior to October 1, 1994, and who is receiving a monthly allowance or is eligible to receive
a monthly allowance from the Employees' Retirement System, shall receive a cost-of-living
increase in the amount of one half the amount provided by the formula in Section 36-27-120.
Retirees who chose Options 2, 3, or 4 shall receive the cost-of-living increase reduced by
the same percentage as the reduction which occurred because of the option selected unless
the designated beneficiary under the option is deceased on October 1, 1994, in which case
the increase shall not be reduced. Beneficiaries of deceased members or deceased...
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