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16-25-11
Section 16-25-11 Creditable service. (a) Under such rules and regulations as the Board of Control
shall adopt, each person who was a teacher prior to October 1, 1940, and who under the provisions
of this chapter makes up contributions plus eight percent compound interest on such contributions
for the time said teacher taught as a nonmember and who becomes a member prior to October
1, 1974, shall file a detailed statement of all service as a teacher rendered by him prior
to October 1, 1940, for which he claims credit. The Board of Control shall fix and determine
by appropriate rules and regulations how much service in any year is equivalent to one year
of service, but in no case shall it allow any credit for a period of absence without pay for
more than one month's duration, nor shall more than one year of service be creditable for
all service in one calendar year. Service rendered for a regular school year shall be equivalent
to one year's service. Subject to the above restrictions and...
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36-27-11
Section 36-27-11 Determination of prior creditable service; computation of creditable service
at retirement; procedure for restoration of creditable service to certain persons; payment
of makeup contributions by certain persons. (a) Under such rules and regulations as the Board
of Control shall adopt, each member who was an employee prior to October 1, 1945, and who
has made up contributions for time served as a nonmember and who becomes a member prior to
September 1, 1966, shall file a detailed statement of all service as an employee rendered
by him prior to October 1, 1945, for which he claims credit. (b) The Board of Control shall
fix and determine by appropriate rules and regulations how much service in any year is equivalent
to one year of service, but in no case shall it allow any credit for a period of absence without
pay of more than one month's duration, nor shall more than one year of service be creditable
for all service in one calendar year. (c) Subject to the restrictions...
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36-27-52
Section 36-27-52 Coverage for official court reporters. (a) Any person serving as an official
court reporter on August 13, 1987, shall have one year from such date to elect to be covered
by the Employees' Retirement System of Alabama in lieu of eligibility to become a supernumerary
court reporter. All elections under this provision shall be in writing and filed with the
Administrative Office of Courts and with the Board of Control of the state Employees' Retirement
System within the election period heretofore set forth. Provided, however, that the failure
of any person to elect coverage under the Employees' Retirement System shall not affect their
eligibility to qualify for supernumerary status and any official circuit court reporter who
was employed on August 13, 1987, and did not elect to be covered by the Employees' Retirement
System of Alabama may, upon reemployment as an official court reporter after a lapse in service,
continue to accumulate creditable service towards eligibility...
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45-37A-51.120
Section 45-37A-51.120 Definitions. (a) The following words, terms, and phrases, wherever used
in this subpart, including this section, shall have the meanings respectively ascribed to
them in this section, unless the context plainly indicates otherwise or that a more restricted
or extended meaning is intended: (1) ANNIVERSARY DATE. The date of establishment and the month
and day thereof annually thereafter. (2) APPOINTED EMPLOYEE. A person who holds his or her
office or position by reason of being appointed by the mayor or city council or other appointing
authority of the city; who is not a classified service employee; and who serves solely at
the pleasure of the respective appointing authority. (3) BASIC MONTHLY EARNINGS and MONTHLY
SALARY. Basic monthly compensation, exclusive of overtime or other forms of extra compensation
but including longevity pay, which shall be regarded as having been received in equal monthly
installments during each of the months prior to the accrual date...
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36-27-24
Section 36-27-24 Funds for assets of retirement system - Creation; composition; disposition
of funds; appropriations. (a) Effective October 1, 1997, all the assets of the retirement
system shall be credited according to the purpose for which they are held among three funds,
namely, the Annuity Savings Fund, the Pension Accumulation Fund, and the Expense Fund. The
operation of the former Pension Reserve Fund and the Annuity Reserve Fund shall be discontinued
as of such date and the balance of the former Pension Reserve Fund shall be transferred to
the Pension Accumulation Fund, and the balance of the former Annuity Reserve Fund shall be
transferred to the Pension Accumulation Fund. (b) Annuity Savings Fund. The Annuity Savings
Fund shall be a fund in which shall be accumulated contributions from the compensation of
members to provide for their annuities. Contributions to and payments from the Annuity Savings
Fund shall be made as follows: Effective October 1, 1971, each employer shall...
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16-25-11.16
Section 16-25-11.16 Purchase of credit for prior service to Southeastern Educational Laboratory
Program. (a) Any active and contributing member of the Teachers' Retirement System may claim
and purchase service credit in the system not to exceed two years for prior service as a full-time
employee of the Southeastern Educational Laboratory Program for the period of time between
September 1, 1967, and March 31, 1969. The certification of prior service claimed under this
section shall conform to applicable administrative rules and procedures of the Teachers' Retirement
System. Members shall receive credit for the prior service when they remit to the system the
contributions required by subsection (b). No member shall receive credit for any service that
the member is already credited with in the system or any other public retirement plan, with
the exception of the federal Social Security program. (b) Any member who is eligible to purchase
service credit pursuant to subsection (a) shall pay...
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16-25-11.19
Section 16-25-11.19 Purchase of credit for prior service with Federal Bureau of Mines. (a)
Any active, vested, and contributing member of the Teachers' Retirement System may claim and
purchase service credit in the system not to exceed 8 years for prior service as a full-time
employee of the Federal Bureau of Mines. The certification of prior service claimed under
this section shall conform to applicable administrative rules and procedures of the Teachers'
Retirement System. Members shall receive credit for the prior service when they remit to the
system the contributions required by subsection (b). No member shall receive credit for any
service that the member is already credited with in the system or any other public retirement
plan, with the exception of the federal Social Security program. (b) Any member who is eligible
to purchase service credit pursuant to subsection (a) shall pay to the Secretary-Treasurer
of the system, within one year from August 1, 2000, for the claimed...
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16-25-13.3
Section 16-25-13.3 Purchase of credit for prior service in particular nursing program at Walker
College. (a) Any active and contributing member of the Teachers' Retirement System may claim
and purchase credit in the system not to exceed seven years for prior service as a director
of nursing in a nursing program at Walker College between January 1, 1981, and December 31,
1987, while the program was conducted jointly at the time between Walker College and Walker
State Technical College. The certification of prior service claimed under this section shall
conform to applicable administrative rules and procedures of the Teachers' Retirement System.
Members shall receive credit for the prior service when they remit to the system the contributions
required by subsection (b). No member shall receive credit for any service that the member
is already credited within the system or any other public retirement plan, with the exception
of the federal Social Security program. (b) Any member who is...
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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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12-18-8
Section 12-18-8 Transfer into Judicial Retirement Fund of contributions made to Employees'
Retirement System of Alabama and receipt of credit for prior service under Employees' Retirement
System, etc., upon payment of contribution for prior years of service; refund of contributions
to Judicial Retirement Fund upon termination of service prior to eligibility for retirement
benefits under article. (a) Any justice or judge holding office as a member of the Supreme
Court, a court of appeals or of a circuit court on September 18, 1973, who has paid contributions
into the Employees' Retirement System of Alabama, shall be entitled to have such contributions
transferred from the Employees' Retirement System of Alabama into the Judicial Retirement
Fund and to receive credit for the time of service he had acquired under the Employees' Retirement
System of Alabama as time of service in the judicial position which he holds on September
18, 1973, regardless of whether or not such time of service...
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