16-16A-7
Section 16-16A-7 Additional findings; bonds authorized; procedures. (a) The Legislature finds
that the number of students attending the several school systems located in those areas of
North Alabama that will be directly impacted by the 2005 BRAC and Subsequent BRAC Actions
will collectively increase by an estimated 9,000 students. As a result, there will be a need
for the construction of additional school facilities as well as the renovation of existing
school facilities. The Legislature also finds that the 2005 BRAC and Subsequent BRAC Actions
will have a positive impact on future receipts to the Education Trust Fund, as the significant
population growth in North Alabama will increase sales, income, and other tax collections.
Thus, it is an efficient use of state funds to allow such revenue growth to help pay for capital
improvement costs associated with BRAC-related school construction. (b) The Alabama Public
School and College Authority is hereby authorized to sell and issue its...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16A-7.htm - 24K - Match Info - Similar pages

36-27-19
Section 36-27-19 Increase in maximum retirement allowance of certain state, etc., employees
- 1969 10 percent increase. (a) On or after October 1, 1969, there is hereby provided to any
state employee who is receiving a retirement allowance from the Employees' Retirement System
of Alabama and who was retired prior to October 1, 1969, an increase in his maximum retirement
allowance in the amount of 10 percent, excluding those whose monthly retirement allowance
is as much as $400.00. Such increase shall be limited so as to provide not to exceed a maximum
retirement allowance of $400.00 per month. (b) On or after October 1, 1969, there is hereby
provided to any employee who was retired prior to October 1, 1969, 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 in the amount of 10 percent, excluding those
whose maximum retirement allowance is as much as $400.00 per month. Such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-19.htm - 3K - Match Info - Similar pages

36-27-137
Section 36-27-137 Election by local administrative unit. Any county board, department, or agency
responsible for the local administration of a program for a state board, department, or agency
affiliated with the Employees' Retirement System on October 1, 1996, may provide the cost-of-living
increase pursuant to this article to any retiree or beneficiary who retired prior to such
entities participation in the Employees' Retirement System if the local administrative unit
elects to fund the increase. (Acts 1996, No. 96-572, p. 874, §12.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-137.htm - 849 bytes - Match Info - Similar pages

36-27-185
Section 36-27-185 Beneficiaries of pensioners. Commencing October 1, 2002, beneficiaries of
Employees' Retirement System pensioners shall receive an increase of three percent of their
gross monthly benefit, but not less than fifteen dollars ($15) per month, provided the date
of death for the deceased pensioner, or the effective date of retirement for the deceased
pensioner was prior to October 1, 2001, and the local units elect to fund the increase. (Act
2002-393, p. 986, §6.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-185.htm - 790 bytes - Match Info - Similar pages

36-27-21
Section 36-27-21 Increase in maximum retirement allowance of certain state, etc., employees
- 1975 15 percent increase. (a) Any pensioner and any retired member and any member who retires
after June 1, 1975, under the Employees' Retirement System of Alabama whose maximum retirement
allowance is based on the minimum guarantee and whose maximum retirement allowance, after
taking into account the reduction of certain retirement allowances by the repeal of Act No.
1070 of the 1973 Acts, is not increased in the amount of 15 percent by the 15 percent formula
increase provided by the 1975 amendment of Section 36-27-16, is hereby provided, on or after
October 1, 1975, an increase in his maximum retirement allowance which shall be sufficient
to equal an increase in his maximum retirement allowance of 15 percent. (b) The funds necessary
to pay the increase in retirement allowances described in subsection (a) of this section to
employees who participated in the Employees' Retirement System of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-21.htm - 1K - Match Info - Similar pages

16-25-41
Section 16-25-41 Persons whose date of retirement is prior to October 1, 1987 or beneficiaries
of deceased members or retirees entitled to cost-of-living increases - Additional adjustments.
In addition to the foregoing amount an additional cost-of-living adjustment is provided effective
October 1, 1989 as follows: (1) One dollar per month for each year of service attained by
said retiree for each retiree selecting the maximum retirement allowance or Option 1. (2)
One dollar per month for each year of service attained by said retiree reduced by the retiree's
option election factor for each retiree selecting Options 2, 3 or 4. (3) One dollar per month
for each year of service attained by said deceased member or deceased retiree reduced by the
survivor's option factor for each beneficiary receiving monthly benefits from the Teachers'
Retirement System. (Acts 1988, No. 88-600, p. 932, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-41.htm - 1K - Match Info - Similar pages

16-25A-11
Section 16-25A-11 Employees in Teachers' Retirement System may vote to be covered by article;
election irrevocable; contribution by employer. Any board, agency, organization, or association
which participates in the Teachers' Retirement System of Alabama, but whose employees are
not included in the definition of employee in Section 16-25A-1 may, by resolution legally
adopted to conform to rules prescribed by the board and upon a majority vote of its employees,
elect to have its employees and under certain conditions its retired employees covered by
the provisions of this article, provided such board, agency, organization, or association
shall contract to pay the full cost of coverage for each such employee in the amounts set
forth by the board and as defined in Section 16-25A-1 for a full-time employee; participation,
once elected, is irrevocable. Each retired employee shall be given the option to participate
under the provisions of Section 16-25A-8(c) provided any employer electing to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25A-11.htm - 1K - Match Info - Similar pages

16-25A-8.1
Section 16-25A-8.1 Retiree contribution based on years of service. (a) The board shall set
forth the employer contribution to the health insurance premium for each retiree class. (b)(1)
Except as provided in subdivision (2), for employees who retire after September 30, 2005,
but before January 1, 2012, the employer contribution of the health insurance premium set
forth by the board for each retiree class shall be reduced by two percent for each year of
service less than 25 and increased by two percent for each year of service over 25 subject
to adjustment by the board for changes in Medicare premium costs required to be paid by a
retiree. In no case shall the employer contribution of the health insurance premium exceed
100 percent of the total health insurance premium cost for the retiree. (2) Employees who
retire on disability and apply for Social Security Disability shall be exempt from this subsection
for a period of two years and thereafter if the employee is approved for Social...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25A-8.1.htm - 3K - Match Info - Similar pages

36-26-121
Section 36-26-121 Annual itemized statement of employee and retirement benefits, and total
employer contributions to retirement systems and health insurance plans. (a) As used in this
article, the following words have the following meanings: (1) EMPLOYEE BENEFIT. Any benefit
a public employee received or accrued from his or her employer, including, but not limited
to, salary or wages; insurance; allowance for days off such as vacation, holidays, sick leave,
or personal days; and contributions toward retirement or pension benefits. (2) HEALTH INSURANCE
PLAN. Either of the following health insurance plans as it applies to an individual public
employee or retiree: a. The State Employees' Health Insurance Plan. b. The Public Education
Employees' Health Insurance Plan. (3) RETIREE. A retiree or a beneficiary of a deceased retiree
who receives an employee benefit or pension benefit from a retirement system, as defined in
this section. (4) RETIREMENT SYSTEM. One of the following as it applies...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-26-121.htm - 4K - 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