Code of Alabama

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36-27-56.1
Section 36-27-56.1 Purchase of credit for prior service as county solicitor. (a) Any
vested member of any component system or fund of the Employees' Retirement System may claim
and purchase up to three years' credit in his or her system or fund for up to three years
of prior service which he or she rendered to any county government as a county solicitor.
(b) Any vested member eligible to claim and purchase credit for prior service as a county
solicitor under subsection (a), shall be awarded credit under the appropriate system or fund
provided he or she pays into his or her respective retirement system or fund prior to the
member's date of retirement, a sum of money equal to a percentage of the member's highest
annual compensation or final average salary during the period of prior service, whichever
is higher; the applicable percentage of the highest annual compensation or the final average
salary, whichever is higher, shall be the sum of the prevailing percentage rates of employer
and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-56.1.htm - 1K - Match Info - Similar pages

36-27-57.2
Section 36-27-57.2 Purchase of credit for prior service rendered in office of local
district attorney or as court reporter, or both. (a) An active and contributing member of
the Employees' Retirement System who has been a member of the system for at least 10 years,
may claim and purchase credit not to exceed six years in the retirement system for prior service
rendered while employed in a program in the office of a local district attorney which was
a nonparticipant in the retirement system during the period of the prior service or for prior
service rendered as an official court reporter when court reporters were not allowed to participate
in the retirement system, or for both. The prior service credit may be purchased if the member
has not received credit for the prior service claimed in any public pension system or as a
supernumerary and the member complies with the provisions set forth in subsection (b). (b)
Each person eligible to claim and purchase credit for any prior service...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-57.2.htm - 1K - Match Info - Similar pages

36-27-55.7
Section 36-27-55.7 Purchase of credit for prior service with U. S. Department of Agriculture
Farm Service Agency. (a) Any active and contributing member of the Teachers' Retirement System
or the Employees' Retirement System who has 10 years or more of credible service in either
system may claim and purchase service credit in the system for up to 10 years of prior service
for employment as an employee with the United States Department of Agriculture Farm Service
Agency if the member complies with the conditions prescribed in 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, by May 23, 2013, the full actuarially determined
cost for each year of claimed service as determined by the system's...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-55.7.htm - 1K - Match Info - Similar pages

36-27-55
Section 36-27-55 Purchase of prior service credit by certain members with prior service
in Office of Agriculture Economics at Auburn University; cost; termination date. (a) Any acting
and contributing member of either the Teachers' or the Employees' Retirement System may elect
to purchase prior service credit for any full time employment he or she had in the Office
of Agriculture Economics at Auburn University, provided such person complies with the following
conditions prescribed in this section. (b) Any member eligible to claim and purchase
such credit for service under subsection (a) of this section shall be awarded creditable
service under either the Teachers' or the Employees' Retirement System, as the case may be,
provided he or she shall pay into his or her retirement system or fund, prior to said member's
date of retirement and prior to October 1, 1991, a sum equal to a percentage of his or her
current annual earnable compensation, or average final compensation, whichever is...
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36-27-6.4
Section 36-27-6.4 Purchase of credit for prior service with the Oxford Emergency Medical
Services, Inc. (a) Any active and contributing member of the Oxford Emergency Medical Services,
Inc., that participates in the Employees' Retirement System under Section 36-27-6,
may purchase prior non-qualified service for employment rendered to Oxford Emergency Medical
Services before July 14, 2009, as permitted by the IRC Section 415(n)(3)(B). Currently,
under federal law the employee must have five or more years of creditable service in the Employees'
Retirement System prior to purchasing up to five years' non-qualified service. (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.
(c) Any member who is eligible to purchase service credit shall furnish to the Secretary-Treasurer
of the Employees' Retirement System the full actuarially determined...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-6.4.htm - 1K - Match Info - Similar pages

36-27-7.2
Section 36-27-7.2 Reopening of Employees' Retirement System for purchase of prior service
credit by active and contributing member of Cooperative Extension Service of Auburn University.
(a) Pursuant to Section 36-27-7.1, an active and contributing member of the Employees'
Retirement System may elect to purchase prior service credit for full time employment he or
she had in the Cooperative Extension Service at Auburn University, acquired before May 1,
1976, provided the person complies with the following conditions prescribed in this section.
(b) A member eligible to claim and purchase the credit for service under subsection (a) shall
be awarded creditable service under the Employees' Retirement System. The member shall pay
into his or her retirement system or fund, prior to the date of retirement of the member and
prior to October 1, 1997, a sum equal to a percentage of his or her current annual earnable
compensation, or average final compensation, whichever shall be greater, for each...
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41-7A-3
Section 41-7A-3 Purchase of prior service credit for time in Employees' Retirement System.
If the director or a classified employee of the Alabama Film Office has previously served
as an independent contractor of the Alabama Film Office, and desires to purchase prior service
credit for time in the Employees' Retirement System after becoming an active and contributing
member of the retirement system under this chapter, he or she shall pay to the Secretary-Treasurer
of the Retirement System in a lump sum within five years from August 9, 1995, the full cost
of the employer and employee contributions necessary to purchase the prior service credit
as determined by the actuary for the retirement system based on the current compensation or
final average compensation of the employee, whichever is greater. (Acts 1995, No. 95-785,
p. 1871, ยง3.)...
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16-25-11.21
Section 16-25-11.21 Purchase of credit for prior service to certain institutions of
higher education. (a) Any active, vested, and contributing member of the Teachers' Retirement
System who has been employed in public education for a minimum of 10 years may claim and purchase
service credit in the system not to exceed five years for prior service between 1974 and 1989
rendered to an educational institution of higher education that receives direct appropriations
from the Education Trust Fund but does not participate in the Teachers' Retirement System.
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 for which the member is already credited
within the system or any public retirement plan, with the exception...
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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...
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36-27-57.1
Section 36-27-57.1 Purchase of credit for prior service rendered in program financed
by federal grant in office of local district attorney. (a) An active and contributing member
of the Employees' or Teachers' Retirement System who has been a member of the system for at
least 10 years, may claim and purchase credit not to exceed three years in his or her respective
retirement system for prior service rendered while employed in a program in the office of
a local district attorney which was financed at the time the service was rendered by a federal
grant if the member complies with the provisions set forth in subsection (b) of this section.
(b) Each person eligible to claim and purchase the credit for service under subsection (a)
of this section shall be awarded creditable service under the Employees' Retirement
System or Teachers' Retirement System provided he or she shall pay into the retirement system,
prior to October 1, 1995, a lump sum equal to the percentage of his or her current...
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