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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,...
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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...
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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...
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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...
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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...
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