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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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16-25-11.3
Section 16-25-11.3 Purchase of credit by employees of junior colleges and technical colleges
for leave of absence. (a) All employees of state junior colleges and state technical colleges
who have been in such service for five years or more and who are participating in the Teachers'
Retirement System of Alabama on May 4, 1989, may elect to purchase credit for any time they
were on leave of absence from such service between the dates of March 30, 1984, and July 1,
1986. (b) Any employee electing to purchase credit pursuant to subsection (a) of this section
shall pay to the Secretary-Treasurer within one year after May 4, 1989, a lump sum payment
equal to a percentage of the current annual salary of such person; the applicable percentage
shall be the sum of the prevailing percentage rates of employer and member contributions as
required by the most recent actuarial valuation. (Acts 1989, No. 89-538, p. 1126, §§1, 2.)...
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36-27-140
Section 36-27-140 Amount of increase - Persons other than persons whose employer participated
in Employees' Retirement System. (a) Commencing October 1, 1998, each person, except those
whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-6,
36-27-7, and 36-27-7.1, whose effective date of retirement for purposes of receiving benefits
from the Employees' Retirement System is prior to October 1, 1998, and who is receiving or
is entitled to receive a monthly allowance 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 by computing the sum of the following two factors: (1) Four percent
of the individual's current gross monthly benefit, including all previous increases. (2) Two
dollars ($2) for each year of creditable service in covered employment prior to retirement.
Retirees who chose Option 2, 3, or 4 shall receive the...
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36-27-43
Section 36-27-43 Credit for prior service - School bus driver, mechanic or maintenance worker.
Any person who is presently a regular employee of the State of Alabama and is covered or eligible
to be covered under the state Employees' Retirement System and who, prior to such regular
employment was employed as a fully budgeted school bus driver (not a student), mechanic or
maintenance worker by any county or city board of education or the governing board of any
public school in Alabama regardless of the source from which and the manner in which his salary
was paid, shall be entitled to receive credit for all service in such capacity rendered by
him prior to October 1, 1971; provided, that such person shall pay into the Employees' Retirement
System, within six months from October 1, 1975, a sum equal to the total contributions which
he would have made as a member during the period of such employment from October 1, 1945,
to October 1, 1971. (Acts 1975, No. 1102, p. 2173, §9.)...
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36-27-94
Section 36-27-94 Amount of increase - Persons other than persons whose employer participated
in Employees' Retirement System; certain beneficiaries. (a) Commencing October 1, 1993, each
person, except those whose employer participated in the Employees' Retirement System pursuant
to Sections 36-27-6, 36-27-7, and 36-27-7.1, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to October 1, 1992, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, shall receive a cost-of-living increase determined by computing the sum of the following
three factors: (1) One and twenty-eight hundredths percent of the individual's current monthly
benefit, including all previous increases. (2) One dollar and twenty-eight cents for each
year of creditable service in covered employment prior to retirement. (3) One dollar and twenty-eight
cents for each year since the effective date of...
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45-37-123.100
Section 45-37-123.100 Retirement benefits. (a) Superannuation retirement benefit. (1) ELIGIBILITY.
A member shall be eligible for a superannuation retirement benefit if: a. The member has 30
or more years of paid membership time, regardless of age; b. The member has 10 or more years
of paid membership time and has attained the age of 60; or c. The member has 30 years of service,
20 years of which are paid membership time, and has attained the age of 55. (2) CALCULATION
OF BENEFIT. If a member meets the foregoing eligibility criteria, then the member shall be
eligible to retire and receive a monthly benefit for the remainder of his or her life to be
determined by the following formula: a. Two and one-half percent multiplied by the basic average
salary multiplied by the number of years of paid membership time; plus b. Five-eights of one
percent multiplied by the basic average salary multiplied by the number of years of unpaid
membership time, if applicable. (3) SEVENTY-FIVE PERCENT...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-123.100.htm - 12K - Match Info - Similar pages
12-17-145
Section 12-17-145 Officials covered by division; notification procedure; post-election contribution
transfer; post-transfer credits and contributions. (a) Any clerk or register of the circuit
court shall be subject to the terms of this division unless he or she notifies the Administrative
Director of Courts in writing to the contrary 30 days subsequent to October 1, 1995. This
notification may be made notwithstanding any prior election to not participate and is made
available only to those circuit clerks or registers who hold office on or before October 1,
1976. (b) Upon the receipt of an election to participate in the supernumerary system provided
in this division by a circuit clerk or register who was previously a member of the Employees'
Retirement System, and who held office on or before October 1, 1976, the Administrative Director
of Courts shall immediately notify the Secretary-Treasurer of the Retirement Systems of Alabama
of the election. Upon receiving the notice, the...
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36-27-120
Section 36-27-120 Amount of increase - Persons other than persons whose employer participated
in Employees' Retirement System. (a) Commencing October 1, 1994, each person, except those
whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-6,
36-27-7, and 36-27-7.1, whose effective date of retirement for purposes of receiving benefits
from the Employees' Retirement System is prior to October 1, 1994, and who is receiving or
is entitled to receive a monthly allowance 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 by computing the sum of the following three factors: (1) Two and
one-half (2.5) percent of the individual's current gross monthly benefit, including all previous
increases. (2) One dollar and fifty cents ($1.50) for each year of creditable service in covered
employment prior to retirement. (3) One dollar ($1) for...
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16-25-10
Section 16-25-10 Certain school bus drivers, mechanics and maintenance workers - Persons previously
under Employees' Retirement System of Alabama. (a) All employees of city and county boards
of education and special schools under the direct control of the State Board of Education
now covered in the Employees' Retirement System of Alabama under the provisions of Section
36-27-6 who would have been eligible for coverage in the Teachers' Retirement System of Alabama
under the provisions of Section 16-25-9 except for being covered in the Employees' Retirement
System of Alabama, may be enrolled and transferred to the Teachers' Retirement System of Alabama
by their employer with all credits as have been established in the Employees' Retirement System
of Alabama. (b) Upon enrollment and transfer to the Teachers' Retirement System of Alabama,
such employee shall be deemed to be a "teacher" under the teachers' retirement law
and shall make contributions as all other teachers and shall receive...
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11-49B-20
Section 11-49B-20 Employee protective provisions. (a) The rights, benefits, and other employee
protective conditions and remedies of Section (c) of the Urban Mass Transportation Act of
1964, as amended (49 U.S.C. 1609), as determined by the Secretary of Labor, shall apply to
the operation by the authority of any public transportation service and to any contract or
other arrangement for the operation of the service. If the authority acquires an existing
transit system, it shall assume and observe all existing labor contracts and pension obligations.
All employees of the system except executive and administrative officers, shall be transferred
to and appointed as employees of the authority, subject to all rights and benefits of this
section. These employees shall be given seniority credit and sick leave, vacation, insurance,
and pension credit in accordance with the records or labor agreements from the acquired transit
system. The authority shall assume the obligations of any transit...
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