Code of Alabama

Search for this:
 Search these answers
91 through 100 of 1,649 similar documents, best matches first.
<<previous   Page: 6 7 8 9 10 11 12 13 14 15   next>>

36-27-95
Section 36-27-95 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 1993, each person whose employer participated in the Employees'
Retirement System pursuant to Section 36-27-6, 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, may receive a cost-of-living increase determined by the formula used in Section 36-27-94,
if the employer elects to come under this article. Retirees who chose Options 2, 3, or 4 shall
receive the cost-of-living increase reduced by the same percentage as the reduction which
occurred because of the option selected. Any employer making the election to come under this
article shall bear the cost of the cost-of-living increases paid to its employees pursuant
to this section. Any employer participating under Section 36-27-6,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-95.htm - 1K - Match Info - Similar pages

16-25-17
Section 16-25-17 Increase in benefits - Cost-of- living increase for certain persons. (a) There
is hereby created a cost-of-living increase, not to exceed 15 percent in any case, which shall
be applied to the benefit of any retired teacher or any teacher who retires after October
1, 1975, whose retirement benefit, when calculated upon the 2.0125 percent factor, does not
result in a benefit increase of 15 percent as compared to the benefit to which such retired
member was entitled to receive prior to the implementation of the 2.0125 percent formula factor
provided for in Section 16-25-14 and this section. (b) Any person described in subsection
(a) of this section shall be entitled to receive an amount which, when added to the benefit
he is entitled to receive after the implementation of the 2.0125 percent formula factor, shall
be sufficient to equal an increase of 15 percent above the benefit which such person was entitled
to receive prior to the implementation of the 2.0125 percent...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-17.htm - 2K - Match Info - Similar pages

12-18-113
Section 12-18-113 Transfer of contributions and creditable service - Probate judge's adjusted
benefit formulas; spouse's benefits. In the event a member of the Judicial Retirement Fund,
who is a probate judge, or a surviving spouse thereof, must employ and count creditable service
transferred under this article to qualify for retirement and/or benefits under the fund, the
benefits or allowances payable to such member or spouse shall be calculated as follows, and
shall be in lieu of any and all other rights, benefits and allowances, except Social Security
payments: (1) The annual service allowance payable to a retiring probate judge shall be an
annual amount equal to the sum of: a. The amount which results when 75 percent of the base
sum or salary upon which such judge was contributing, as provided in Section 12-18-82, immediately
prior to retirement is multiplied by the ratio created when the member's number of years of
creditable service, excluding transferred credit, is compared to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-18-113.htm - 5K - Match Info - Similar pages

36-27-84
Section 36-27-84 Board of Control's and employer's duties and responsibilities; employers may
elect to come under provisions. (a) Commencing with the fiscal year beginning October 1, 1988,
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 36-27-80 and 36-27-82
of this article and shall notify the chief fiscal officer of each employer the percentum rates
of earnable compensation of the numbers required to be paid to the retirement system. Each
employer of members of the Employees' Retirement System of Alabama shall pay on account of
the increases provided in Sections 36-27-80 and 36-27-82 in the same manner and from the same
source of funds as provided in Sections 36-27-24 and 36-27-7, it being the intent of the Legislature
that the cost of providing the increases in Sections 36-27-80 and 36-27-82 of this article
shall be distributed from all funds in proportion to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-84.htm - 1K - Match Info - Similar pages

45-5-230.01
Section 45-5-230.01 Additional expense allowance. Effective October 1, 2012, and each October
1 thereafter, the Blount County Commission may provide the Sheriff of Blount County with an
expense allowance for the fiscal year equal to the monthly expense allowance received by a
county commission member, provided the county commission has approved the payment of the expense
allowance for that fiscal year. The expense allowance provided by this section shall be paid
monthly from the county general fund in the same manner as other salaries and expense allowances
are paid and shall be in addition to any other salary and expense allowance of the sheriff.
(Act 2012-534, p. 1582, ยง1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-5-230.01.htm - 994 bytes - Match Info - Similar pages

36-27-91
Section 36-27-91 Payment by employer to be determined by Board of Control; election by employer
participating under Section 36-27-6. (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 36-27-87 and 36-27-89 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 system. Each employer of members of the Employees' Retirement System of
Alabama shall pay on account of the increases provided in Sections 36-27-87 and 36-27-89 in
the same manner and from the same source of funds as provided in Sections 36-27-24 and 36-27-7,
it being the intent of the Legislature that the cost of providing the increases in Sections
36-27-87 and 36-27-89 shall be distributed from all funds in proportion to the salaries paid
therefrom for active members. (b) No person whose retirement is from a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-91.htm - 1K - Match Info - Similar pages

12-18-112
Section 12-18-112 Transfer of contributions and creditable service - District judge's adjusted
benefit formulas; spouse's benefits. In the event a member of the Judicial Retirement Fund,
who is a district judge, or a surviving spouse thereof, must employ and count creditable service
transferred under this article to qualify for retirement and/or benefits under the fund, the
benefits or allowances payable to such member or spouse shall be calculated as follows, and
shall be in lieu of any and all other rights, benefits and allowances, except social security
payments: (1) The annual service allowance payable to a retiring district judge shall be an
annual amount equal to the sum of: a. The amount which results when 90 percent of the retirement
benefits payable by the state to circuit judges on the date such district judge retires (as
is provided under Section 12-18-58) is multiplied by the ratio created when the member's number
of years of creditable service, excluding transferred...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-18-112.htm - 4K - Match Info - Similar pages

16-25-33
Section 16-25-33 Term Life Insurance Fund; payment of benefits; funding. (a) A separate fund
to be known as the Term Life Insurance Fund is hereby established within the Teachers' Retirement
System of Alabama. Such fund shall consist of all monies paid by the employers for term life
insurance, and of the investment earnings of such monies and all such funds shall be used
only for the payment of benefits provided by this section. (b) Commencing October 1, 1995,
upon proof satisfactory to the board of the death of a contributing member who is a full-time
employee there shall be paid in the form of a term life insurance benefit the sum of $15,000.
On account of the death of a part-time employee, the benefit provided herein shall be prorated
based on the employee's percent of full-time employment. This benefit shall be paid to the
designated beneficiary on file with the Teachers' Retirement System. For purposes of this
section, a person shall be deemed a contributing member if (1) he or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-33.htm - 2K - Match Info - Similar pages

16-25-43
Section 16-25-43 Persons in the Employees' Retirement System whose date of retirement is prior
to October 1, 1987 or beneficiaries of deceased members or retirees entitled to cost-of-living
increases - Additional adjustments. (a) In addition to the foregoing amount an additional
cost-of-living adjustment is provided effective October 1, 1989 as follows: (1) One dollar
per month for each year of service attained by said retiree for each retiree selecting the
maximum retirement allowance or Option 1. (2) One dollar per month for each year of service
attained by said retiree reduced by the retiree's option election factor for each retiree
selecting Options 2, 3 or 4. (3) One dollar per month for each year of service attained by
said deceased member or deceased retiree reduced by the survivor's option factor for each
beneficiary receiving monthly benefits from the Teachers' Retirement System. (b) The benefits
provided in this section are limited to those retirees and beneficiaries of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-43.htm - 1K - Match Info - Similar pages

36-27-194
Section 36-27-194 Pensioners who retired prior to membership of employer in system; beneficiaries.
(a) Commencing October 1, 2005, any retired employee who retired from a city, town, county,
or public or quasi-public organization of the state before the city, town, county, or public
or quasi-public organization of the state became a member of the Employees' Retirement System,
and who is receiving a monthly benefit prior to October 1, 2004, administered by the Employees'
Retirement System may receive an increase in benefits of four percent, except that no pensioner
shall receive an increase of less than fifteen dollars ($15) per month, provided the retired
employee retired prior to October 1, 2004, and the employer decides to come under the provisions
of this article and fund the increase. (b) Commencing October 1, 2005, beneficiaries of Employees'
Retirement System pensioners shall receive an increase of four percent of their gross monthly
benefit, but not less than fifteen dollars...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-194.htm - 1K - Match Info - Similar pages

91 through 100 of 1,649 similar documents, best matches first.
<<previous   Page: 6 7 8 9 10 11 12 13 14 15   next>>