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36-27-21.9
Section 36-27-21.9 Cost-of-living increases to retirees of public hospital which has withdrawn
from participation. Any public hospital which has withdrawn from participation in the Employees'
Retirement System is hereby authorized to pay any cost-of-living increases granted by law,
including but not limited to the 1985 and 1988 cost-of-living increases, to any retiree of
the Employees' Retirement System who was employed by any such public hospital and who was
a member of the Employees' Retirement System pursuant to Section 36-27-6 during such employment.
(Acts 1990, No. 90-534, p. 836, §3.)...
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45-37-123.01
Section 45-37-123.01 Definitions. For the purposes of this part, the following terms shall
have the following meanings: (1) ACT. The act adding this part, to be called the General Retirement
System for Employees of Jefferson County Act. (2) ACTIVE MEMBER. An individual who currently
is employed by the county or other entities set forth in subdivision (20) and is making employee
contributions to the system. (3) ACTUARIAL EQUIVALENT. Effective July 30, 1984, or such other
dates as set forth in Exhibit A, which is maintained in the office of the pension board, a
form of benefit differing in time, period, or manner of payment from a specific benefit provided
under the plan but having the same value when computed using the mortality tables, the interest
rate, and any other assumptions last adopted by the pension board, which assumptions shall
clearly preclude any discretion in the determination of the amount of a member's benefit.
(4) ACTUARIAL GAIN. As defined in Section...
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36-27-21.8
Section 36-27-21.8 Cost-of-living increases to retirees of quasi-public or private hospital
which was previously public hospital. (a) The governing body of any quasi-public or private
hospital which was previously a public hospital is hereby authorized to give cost-of-living
increases to any retiree of the Employees' Retirement System who was employed by any such
hospital when it was a public hospital and who was a member of the Employees' Retirement System
pursuant to Section 36-27-6 during such employment. Such cost-of-living increases may be given
whether present employees of the quasi-public or private hospital are participating members
of the Employees' Retirement System or not. (b) The cost-of-living increases authorized by
subsection (a) of this section may be granted from any foundation or trust funds which were
established for health and related purposes from the residual earnings of hospital activities
during the time the hospital was a public facility. (Acts 1990, No....
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36-27-21.6
Section 36-27-21.6 Cost-of-living increases for retirees of public hospitals or related facilities
formerly existing in county and not participating in retirement system. (a) The county commission
of any county, by resolution duly adopted to conform to rules of the Board of Control of the
Employees' Retirement System of Alabama, may elect to provide any heretofore or hereafter
authorized cost-of-living increases in the retirement benefits paid by the Employees' Retirement
System of Alabama to retirees of any public hospital or related facility which heretofore
existed in the county, but which is now defunct, dissolved, transferred, reincorporated, consolidated
with another public or quasi-public organization, or for any other reason is not participating
in the Employees' Retirement System. For purposes of this section, the county shall be deemed
to have been the employer of such retirees of the public hospital or related facility and
shall provide the funds necessary to pay the...
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36-27-97
Section 36-27-97 Board of Control's and employer's duties and responsibilities; board may notify
employers withdrawn from participation of cost-of-living increases. (a) The Board of Control
of the Employees' Retirement System shall determine annually the amount required to pay the
cost of the increased allowance provided under Sections 36-27-94 and 36-27-96 of this article,
and shall notify the chief fiscal officer of each employer the percentum rates of earnable
compensation of the members required to be paid to the retirement systems. Each employer of
members of the Employees' Retirement System shall pay on account of the increases provided
in Sections 36-27-94 and 36-27-96 in the same manner and from the same source of funds as
provided in Sections 36-27-7 and 36-27-24, it being the intent of the Legislature that the
cost of providing the increases in Sections 36-27-94 and 36-27-96 of this article shall be
distributed from all funds in proportion to the salaries paid therefrom for...
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36-27-124
Section 36-27-124 Notification of employers who have withdrawn from participation. The Board
of Control of the Employees' Retirement System may notify any employer who participated in
the Employees' Retirement System and has withdrawn from participation on March 18, 1994 that
the cost-of-living increases provided by this article and Article 3A of this chapter, are
available to their retirees and beneficiaries provided the employer elects to fund the increase.
(Acts 1994, No. 94-232, p. 317, §5.)...
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36-27-134
Section 36-27-134 Notification of employers who have withdrawn from participation. The Board
of Control of the Employees' Retirement System may notify any employer who participated in
the Employees' Retirement System and has withdrawn from participation on October 1, 1996 that
the cost-of-living increases provided by this article and Act No. 93-604, 1993 Regular Session,
and Act No. 94-232, 1994 Regular Session, as amended by Act No. 94-768, 1994 Special Session,
are available to their retirees and beneficiaries provided the employer elects to fund the
increase. (Acts 1996, No. 96-572, p. 874, §9.)...
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36-27-144
Section 36-27-144 Notification of employers who have withdrawn from participation. The Board
of Control of the Employees' Retirement System may notify any employer who participated in
the Employees' Retirement System and has withdrawn from participation on April 10, 1998, that
the cost-of-living increases provided by this article and Acts 96-572, 1996 Regular Session,
94-232, 1994 Regular Session, as amended by 94-768 of the 1994 First Special Session, and
93-604, 1993 Regular Session, are available to their retirees and beneficiaries provided the
employer elects to fund the increase. (Act 98-272, p. 446, §5.)...
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36-27-154
Section 36-27-154 Notification of employers who have withdrawn from participation. The Board
of Control of the Employees' Retirement System may notify any employer who participated in
the Employees' Retirement System and has withdrawn from participation before May 25, 2000
that the cost-of-living increases provided by this article and Acts 98-272, 1998 Regular Session,
96-572, 1996 Regular Session, 94-232, 1994 Regular Session, as amended by 94-768 of the 1994
First Special Session, and 93-604, 1993 Regular Session, are available to their retirees and
beneficiaries provided the employer elects to fund the increase. (Act 2000-809, p. 1921, §
5.)...
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45-8A-22.118
Section 45-8A-22.118 Maximum benefits; limitations; adjustments. (a) Annual Benefit and Final
Regulations Under Internal Revenue Code Section 415. (1) Annual Benefit. For purposes of this
section, "annual benefit" means the benefit payable annually under the terms of
the plan, exclusive of any benefit not required to be considered for purposes of applying
the limitations of Internal Revenue Code Section 415 to the plan, in the form of a straight
life annuity with no ancillary benefits. If the benefit is payable in any other form, the
annual benefit shall be adjusted to the equivalent of a straight life annuity pursuant to
subsection (c). (2) Final Regulations Under Internal Revenue Code Section 415. Notwithstanding
anything in this section to the contrary, the following provisions apply beginning on or after
January 1, 1976, except as otherwise provided in this section. a. Incorporation by Reference.
The limitations, adjustments, and other requirements prescribed in the plan shall...
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