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36-27-54.1
Section 36-27-54.1 Purchase of credit for prior service with Alabama State Docks. (a)
Any active and contributing member of the Employees' Retirement System, who is employed by
the Alabama State Docks on October 1, 1993, may purchase credit in the Employees' Retirement
System for prior service with the state docks if the member has not received credit in the
system for the same prior service and has not vested or otherwise become eligible to receive
a retirement benefit by using the same prior service credit in another pension plan offered
by the state docks. (b) A member of the Employees' Retirement System who is eligible to purchase
any prior service credit under subsection (a) shall receive the credit if he or she pays into
the system on or before his or her date of retirement, an amount of five percent of the greater
of the member's current annual earnable compensation or average final compensation for the
entire period of prior service claimed, or any portion thereof, plus eight...
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36-27-54
Section 36-27-54 Purchase of credit by certain employees of Alabama State Docks Terminal
Railway; waiver of federal railroad retirement benefits; termination date. (a) Any law to
the contrary notwithstanding, any member of the Employees' Retirement System of Alabama who
has 10 or more years of creditable service in the Employees' Retirement System of Alabama
immediately prior to October 1, 1990 and who is employed by the State of Alabama at the time
this bill becomes law, may hereby claim and purchase credit within the Employees' Retirement
System of Alabama for all the time which such member has served as an employee of the Alabama
State Docks and was paid through the Alabama State Docks Terminal Railway payroll and for
which he is not otherwise eligible for credit in the Employees' Retirement System or any other
retirement plan funded in whole or in part by the state except under the United States Social
Security Act. (b) Any member eligible to claim and purchase such credit for...
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36-27-55.1
Section 36-27-55.1 Purchase of credit for prior service with Alabama State Council on
the Arts. (a) Any active and contributing member of the Employees' Retirement System may purchase
credit in the Employees' Retirement System for prior service with the Alabama State Council
on the Arts if the member has not received credit in the system for the same prior service
and has not vested or otherwise become eligible to receive a retirement benefit by using the
same prior service credit in another pension plan offered by the council. (b) A member of
the Employees' Retirement System who is eligible to purchase any prior service credit under
subsection (a) of this section shall receive the credit if he or she pays into the
system on or before his or her date of retirement, an amount of five percent of the greater
of the member's current annual earnable compensation or average final compensation, whichever
is greater, as determined by the actuary for the system, for the entire period of prior...
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36-27-55.2
Section 36-27-55.2 Purchase of credit for prior service with State Economic Opportunity
Office. (a)(1) Any member of the Employees' Retirement System of Alabama shall be eligible
to receive up to 10 years of creditable service for service which was rendered between January
1, 1971, and December 31, 1983, as an employee of the State Economic Opportunity Office under
the Alabama Development Office, provided that the member of the retirement system claiming
the credit shall have attained not less than 10 years of contributing membership service credit,
exclusive of military service credit, under the Employees' Retirement System; and, provided
further, that the member performs and complies with the conditions prescribed in subdivision
(2). (2) A member of the Employees' Retirement System of Alabama eligible to purchase service
credit in the system under paragraph a. of this subdivision, may receive credit for the prior
service rendered as provided in subdivision (1), provided that as...
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16-25-11.4
Section 16-25-11.4 Purchase of credit for prior service rendered as full-time employee
in office of clerk of circuit court or with Alabama State Employees Association. (a) Any acting
and contributing member of the Teachers' Retirement System of Alabama may elect to purchase
credit for prior service rendered as a full-time employee in the office of a clerk of the
circuit court in the State of Alabama or as a full-time employee with the Alabama State Employees
Association provided the member complies with the following conditions prescribed in this
section. (b) Any employee electing to purchase credit under subsection (a) of this
section shall pay to the Secretary-Treasurer of the Teachers' Retirement System within
one year after October 1, 1995, a lump sum payment equal to a percentage of the current annual
salary or final average compensation, whichever is greater, of the member. The applicable
percentage shall be the sum of the prevailing percentage rates of employer and member...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.4.htm - 2K - Match Info - Similar pages
36-27-15.2
Section 36-27-15.2 Granting of credit for out-of-state service, service as support employee
or teachers' aide, Teachers' Corps service, and Job Corps service. (a)(1) Any member of the
Teachers' Retirement System of Alabama or any member of the Employees' Retirement System of
Alabama shall be eligible to receive up to 10 years of creditable service for employment in
public education in states other than Alabama, for prior service in public education in Alabama
as a support employee or a teacher's aide, for regular full-time service with the Teachers'
Corps in the State of Alabama, for regular full-time service with the Job Corps, or for up
to 10 years of creditable service for public employment rendered in states other than Alabama,
provided that the member of the retirement system claiming the credit shall have attained
not less than 10 years of contributing membership service credit, exclusive of military service
credit, under the retirement system of which he or she is a member; and,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-15.2.htm - 5K - Match Info - Similar pages
36-27-71
Section 36-27-71 Conditions precedent to receipt of credit. (a) A member of the Employees'
Retirement System of Alabama who becomes eligible under Section 36-27-70 on or after
December 28, 2001, may receive credit for employment rendered to a city, county, or a political
subdivision thereof of the State of Alabama as provided in Section 36-27-70 provided
that as conditions precedent to the receipt of such credit: (1) Such member shall contribute,
prior to the date of his or her retirement to the Employees' Retirement System for each year
of employment with a city, county, or a political subdivision thereof of the State of Alabama,
the full actuarially determined cost for each year of service purchased as determined by the
system's actuary. (2) The city, county, or the political subdivision thereof of the State
of Alabama for which such member was employed shall certify in writing to the Employees' Retirement
System the dates of the member's employment together with a statement...
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16-25-11.9
Section 16-25-11.9 Purchase of credit for employment as court reporters, school support
personnel, or local mental health authority workers. (a) Any active and contributing member
of the Teachers' Retirement System of Alabama who, prior to October 1, 1993, was a regular
full-time employee as an official court reporter with a circuit court in the state or a full-time
employee of a local mental health authority or school support personnel, shall be eligible
to receive credit for such employment provided that the member claiming the credit shall have
worked not less than 10 consecutive years as an official court reporter, and complies with
the conditions prescribed in subsection (b). (b) A member eligible under subsection (a) may
receive credit for regular, full-time employment rendered as an official court reporter with
a circuit court in the state or service rendered to a local mental health authority provided
that as conditions precedent to the receipt of credit: (1) The member...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.9.htm - 5K - Match Info - Similar pages
16-25-10.6
Section 16-25-10.6 Elected superintendent of education; cost of coverage; purchase of
prior service credit. Any person now serving as an elected superintendent of education in
this state may become a member of the Teachers' Retirement System of Alabama within 90 days
after the ratification of an amendment to the Constitution of Alabama 1901 allowing elected
superintendents of education to participate in the Teachers' Retirement System, subject to
such rules and regulations as may be promulgated by the Board of Control of said system. Any
person hereafter elected to serve as superintendent of education shall be deemed to be a "teacher"
as defined in Section 16-25-1 and shall be entitled to the benefits thereof. The employer
cost for coverage of such elected superintendents shall be paid as for other school employees.
Provided further, that such elected superintendents shall be entitled to purchase prior service
credit as a teacher or superintendent in such system under such rules,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-10.6.htm - 1K - Match Info - Similar pages
16-25-13.1
Section 16-25-13.1 Purchase of credit for service at Athens State University and state
junior colleges; procedure. (a) All employees of state junior colleges and Athens State University
who are participating in the Teachers' Retirement System of Alabama on July 22, 1987, may
elect to purchase credit for their total years of service rendered to such employer prior
to the time said employer was covered by the Teachers' Retirement System of Alabama, up to
a maximum of five years. (b) Any employee electing to purchase credit pursuant to subsection
(a) shall pay to the Secretary-Treasurer within one year after October 1, 1987, a lump sum
payment equal to a percentage of his or her then earnable compensation; the applicable percentage
shall be the sum of the prevailing percentage rates of employer and member contributions as
required by the actuarial valuations during the years for which such person is purchasing
prior service credit. (Acts 1987, No. 87-564, p. 881, ยงยง 1, 2.)...
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