36-27-98
Section 36-27-98 Certain pensioners and annuitants, retired from local units before units became members and receiving benefits, may receive increase; certain local units may provide increase. (a) Any pensioner who retired from a city, town, county, or local board before the city, town, county, or local board became a member of the Employees' Retirement System, and who is receiving a monthly benefit on May 13, 1993, administered by the Employees' Retirement System, may receive an increase in benefits in the amount of $60 per month if the city, town, county, or local board elects to fund the increase, provided the pensioner retired prior to October 1, 1992. For purposes of this section, a pensioner is a retiree who earned retirement in any public pension plan created by the Legislature or a political subdivision. (b) Any annuitant who retired from a city, town, county, or local board before the city, town, county, or local board became a member of the Employees' Retirement System, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-98.htm - 1K - Match Info - Similar pages
36-27-139
Section 36-27-139 Pensioners who retired prior to membership of employer and receiving benefits not administered by system. Commencing October 1, 1996, any pensioner or annuitant 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 is receiving a monthly benefit not administered by the Employees' Retirement System shall receive a fifty dollar ($50) per month increase provided the city, town, county, or public or quasi-public organization of the state elects to fund the increase provided the pensioner retired prior to October 1, 1996. (Acts 1996, No. 96-572, p. 874, §14.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-139.htm - 1K - Match Info - Similar pages
36-27-147
Section 36-27-147 Pensioners who retired prior to membership of employer and receiving benefits not administered by system. Commencing October 1, 1998, any pensioner or annuitant who retired prior to October 1, 1998, 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 is receiving a monthly benefit not administered by the Employees' Retirement System shall receive a fifty dollar ($50) per month increase provided the city, town, county, or public or quasi-public organization of the state elects to fund the increase provided the pensioner retired prior to October 1, 1998. (Act 98-272, p. 446, §8.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-147.htm - 1K - Match Info - Similar pages
36-27-20
Section 36-27-20 Increase in maximum retirement allowance of certain state, etc., employees - 1971 five percent increase. (a) On or after October 1, 1971, there is hereby provided to any state employee who retired prior to October 1, 1971, an increase in his maximum retirement allowance by an amount of up to five percent, excluding that part of five percent provided by any other legislation in 1971. (b) On or after October 1, 1971, there is hereby provided to any employee who was retired prior to October 1, 1971, as an employee participating in the Employees' Retirement System of Alabama under the provisions of Section 36-27-6 an increase in his maximum retirement allowance by an amount of up to five percent, excluding that part of five percent provided by any other legislation in 1971. The employer participating under said Section 36-27-6 as described in this subsection shall provide the funds necessary to pay the increase in retirement allowances as described in this subsection. (c)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-20.htm - 3K - Match Info - Similar pages
36-27-146
Section 36-27-146 Beneficiaries of pensioners formerly participating in retirement program of Class 1 municipalities. Commencing October 1, 1998, beneficiaries of pensioners formerly participating in a retirement program of a Class 1 municipality but whose benefits are currently administered by the Employees' Retirement System shall receive a monthly increase of sixty-five dollars ($65) provided the local public board elects to fund the increase. All other beneficiaries of Employees' Retirement System pensioners shall receive an increase of thirty dollars ($30) per month provided the local units elect to fund the increase. (Act 98-272, p. 446, §7.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-146.htm - 965 bytes - Match Info - Similar pages
36-27-156
Section 36-27-156 Beneficiaries of pensioners formerly participating in retirement program of Class 1 municipalities. Commencing October 1, 2000, beneficiaries of pensioners formerly participating in a retirement program of a Class 1 municipality but whose benefits are currently administered by the Employees' Retirement System shall receive a monthly increase of thirty-five dollars ($35) provided the local public board elects to fund the increase. All other beneficiaries of Employees' Retirement System pensioners shall receive an increase of twenty-five dollars ($25) per month provided the local units elect to fund the increase. (Act 2000-809, p. 1921, § 7.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-156.htm - 974 bytes - Match Info - Similar pages
36-27-136
Section 36-27-136 Beneficiaries of pensioners formerly participating in retirement program of Class 1 municipality. Commencing October 1, 1996, beneficiaries of pensioners formerly participating in a retirement program of a Class 1 municipality but whose benefits are currently administered by the Employees' Retirement System shall receive a monthly increase of fifty dollars ($50) provided the local public board elects to fund the increase. All other beneficiaries of Employees' Retirement System pensioners shall receive an increase of twenty-five dollars ($25) per month provided the local units elect to fund the increase. (Acts 1996, No. 96-572, p. 874, §11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-136.htm - 975 bytes - Match Info - Similar pages
45-37A-51.220
Section 45-37A-51.220 Normal retirement benefit. (a) A participant having attained age 60 or older and having completed five or more years of credited service, or having completed 30 or more years of credited service without regard to age, shall be entitled upon his or her voluntary retirement to a monthly retirement benefit equal to one of the following: (1) With respect to a retiree who first became a participant on or before the first day of July after nine years after date of establishment, forty percent of his or her final average salary, plus one and three thousand three hundred thirty-four thousandths percent (1.3334%) of his or her final average salary multiplied by his or her years of credited service in excess of 15 years. (2) With respect to a retiree who first becomes a participant subsequent to the first day of July nine years after date of establishment, and becomes entitled to a normal retirement benefit and retires on or before July 1, 1990, two percent of his or her...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.220.htm - 3K - Match Info - Similar pages
36-27-190
Section 36-27-190 Amount of increase - Persons other than persons whose employer participated in Employees' Retirement System. (a) Commencing October 1, 2005, 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, 2004, 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 four percent in their gross monthly benefit, but not less than fifteen dollars ($15) per month. (b) Beneficiaries of deceased members or deceased retirees, except where the deceased member or deceased retiree retired from an employer participating in the Employees' Retirement System pursuant to Sections 36-27-6, 36-27-7, and 36-27-7.1, if the date of death for the deceased member, or the effective date of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-190.htm - 1K - Match Info - Similar pages
36-27-180
Section 36-27-180 Amount of increase - Persons other than those whose employers participated in Employees' Retirement System. (a) Commencing October 1, 2002, 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, 2001, 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 three percent in their gross monthly benefit, but not less than fifteen dollars ($15) per month. (b) Beneficiaries of deceased members or deceased retirees, except where the deceased member or deceased retiree retired from an employer participating in the Employees' Retirement System pursuant to Sections 36-27-6, 36-27-7, and 36-27-7.1, if the date of death for the deceased member, or the effective date of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-180.htm - 1K - Match Info - Similar pages
|