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45-37-123.106
Section 45-37-123.106 Minimum distribution requirements. (a) General rules. (1) EFFECTIVE DATE.
Except as otherwise provided herein, the provisions of this section shall apply for purposes
of determining required minimum distributions for calendar years beginning on and after January
1, 1987. (2) REQUIREMENTS OF TREASURY REGULATIONS INCORPORATED. All distributions required
under this section shall be determined and made in accordance with § 401(a)(9), Internal
Revenue Code, including the incidental death benefit requirement in § 401(a)(9)(G), and the
regulations thereunder. (3) PRECEDENCE. Subject to the joint and survivor annuity requirements
of the plan, the requirements of this section shall take precedence over any inconsistent
provisions of the plan. (b) Time and manner of distribution. (1) REQUIRED BEGINNING DATE.
The member's entire interest shall be distributed, or begin to be distributed, to the member
no later than the member's required beginning date. (2) DEATH OF MEMBER...
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41-22-23
Section 41-22-23 Submission and review of proposed rules; fiscal note required for rules with
economic impact. (a) The notice required by subdivision (a)(1) of Section 41-22-5 shall be
given, in addition to the persons named in the notice, to each member of the committee and
such other persons in the legislative department as the committee requires. The form of the
proposed rule presented to the committee shall be as follows: New language shall be underlined
and language to be deleted shall be typed and lined through. (b)(1) Within the 45-day period
between the date of publication in the Alabama Administrative Monthly that a rule has been
certified and the date it becomes effective, and subject to subsection (h) of Section 41-22-5.1,
the committee shall study all proposed rules and may hold public hearings. The committee may
adopt a policy providing when a public hearing will be held on a rule meeting specified criteria.
In the event the committee fails to give notice to the agency of...
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22-21-318
Section 22-21-318 Powers of authority. (a) In addition to all other powers granted elsewhere
in this article, and subject to the express provisions of its certificate of incorporation,
an authority shall have the following powers, together with all powers incidental thereto
or necessary to the discharge thereof in corporate form: (1) To have succession by its corporate
name for the duration of time, which may be in perpetuity, specified in its certificate of
incorporation or until dissolved as provided in Section 22-21-339; (2) To sue and be sued
in its own name in civil suits and actions, and to defend suits and actions against it, including
suits and actions ex delicto and ex contractu, subject, however, to the provisions of Chapter
93 of Title 11, which chapter is hereby made applicable to the authority; (3) To adopt and
make use of a corporate seal and to alter the same at pleasure; (4) To adopt, alter, amend
and repeal bylaws, regulations and rules, not inconsistent with the...
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36-27-133
Section 36-27-133 Funding of benefits. The cost-of-living increase granted to certain retired
persons under the Employees' Retirement System by this article may be financed, if possible,
from existing funds of the Employees' Retirement System subject to the following provisions
and conditions: (1) If the actuary for the Employees' Retirement System finds that the cost-of-living
increase can be paid for the 1996-97 fiscal year from existing funds of the system without
having a serious adverse actuarial impact on the system, beginning October 1, 1996, the Board
of Control of the system may pay the cost-of-living increase provided in this article. It
is the intent of this article as pertains to funding similar increases in the future, that
the funding thereof shall be in accordance with the actuarial soundness requirements of Section
36-27-26. If the actuarial estimate of the cost involved in funding the cost-of-living increase
provided by this article, as required by Section 36-27-26, is...
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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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16-25-81
Section 16-25-81 Cost-of-living increase provided for certain retirees participating under
Section 36-27-6. (a) Commencing October 1, 1993, there is provided to certain persons identified
in subsection (b) of this section who are currently receiving benefits, whose effective date
of retirement was prior to October 1, 1992, for purposes of receiving benefits from the Employees'
Retirement System, and to certain beneficiaries of deceased members and deceased retirees
who are currently receiving survivor benefits if the effective date of retirement or death
for the deceased member or retiree was prior to October 1, 1992, for purposes of receiving
benefits from the Employees' Retirement System, a cost-of-living increase as follows: (1)
1.28 percent of the current gross benefit paid to the retiree and to certain beneficiaries
of deceased members and deceased retirees. (2) One dollar and twenty-eight cents ($1.28) per
month for each year of service attained by the retiree for each retiree...
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16-25-101
Section 16-25-101 Cost-of-living increase to members and beneficiaries of Employees' Retirement
System. (a) Commencing October 1, 1994, there is provided to certain persons identified in
subsection (b) of this section who are currently receiving benefits, whose effective date
of retirement was prior to October 1, 1994, for purposes of receiving benefits from the Employees'
Retirement System, and to certain beneficiaries of deceased members and deceased retirees
who are currently receiving survivor benefits if the effective date of retirement or death
for the deceased member or retiree was prior to October 1, 1994, for purposes of receiving
benefits from the Employees' Retirement System, a cost-of-living increase as follows: (1)
Two and one-half percent of the current gross benefit paid to the retiree and to certain beneficiaries
of deceased members and deceased retirees. (2) One dollar and fifty cents ($1.50) per month
for each year of service attained by the retiree for each retiree...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-101.htm - 3K - Match Info - Similar pages
16-25-111
Section 16-25-111 Cost-of-living increase to members and beneficiaries of Employees' Retirement
System. (a) Commencing October 1, 1996, there is provided to certain persons identified in
subsection (b) of this section who are currently receiving benefits, whose effective date
of retirement was prior to October 1, 1996, for purposes of receiving benefits from the Employees'
Retirement System, and to certain beneficiaries of deceased members and deceased retirees
who are currently receiving survivor benefits if the effective date of retirement or death
for the deceased member or retiree 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 twenty-five dollars ($25) per month and the increase shall be more if determined
as follows: (1) Two percent (2%) of the current gross benefit paid to the retiree and to certain
beneficiaries of deceased members and deceased retirees. (2) One...
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16-25-121
Section 16-25-121 Cost-of-living increase to members and beneficiaries of Employees' Retirement
System. (a) Commencing October 1, 1998, there is provided to certain persons identified in
subsection (b) who are currently receiving benefits, whose effective date of retirement was
prior to October 1, 1998, for purposes of receiving benefits from the Employees' Retirement
System, and to certain beneficiaries of deceased members and deceased retirees who are currently
receiving survivor benefits if the effective date of retirement or death for the deceased
member or retiree was prior to October 1, 1998, for purposes of receiving benefits 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 as follows: (1) Four
percent of the current gross benefit paid to the retirees and to certain beneficiaries of
deceased members and deceased retirees. (2) Two dollars ($2) per month for...
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12-18-93
Section 12-18-93 Cost-of-living adjustments. (a) Any retired judge of probate receiving benefits
from the Judicial Retirement Fund shall be entitled to receive any cost-of-living adjustment
provided by law for state employees who are retired under the State Employees' Retirement
System after April 21, 1998. (b) The cost-of-living adjustments provided for retired judges
of probate under subsection (a) shall be financed from time to time, from the investment income
of the Judicial Retirement Fund. (Act 98-365, p. 664, §3.)...
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