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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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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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36-27-21.4
Section 36-27-21.4 Cost-of-living increase for persons whose date of retirement is prior to
October 1, 1984; funding; eligibility where Medicaid eligibility would be impaired. (a)(1)
There is hereby provided, commencing October 1, l985, to each person, whose effective date
of retirement for purposes of receiving benefits from the Teachers' Retirement System, is
prior to October 1, 1984, and who is receiving an allowance therefrom, a cost of living increase
of $2.00 per month for each year of creditable service attained by said retired member. (2)
There is hereby provided, commencing October 1, 1985, to each person, whose effective date
of retirement for purposes of receiving benefits from the Employees' Retirement System, is
prior to October 1, 1984, and who is receiving benefits therefrom, a cost of living increase
of $2.00 per month for each year of creditable service attained by said retired member provided
that only those retired members of the Employees' Retirement System whose...
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11-91A-2
Section 11-91A-2 Local Government Health Insurance Board; governance and administration of
program. (a) The Local Government Health Insurance Board shall govern and administer the Local
Government Health Insurance Program currently governed and administered by the State Employees'
Insurance Board (SEIB) pursuant to Chapter 29 of Title 36. The transfer of the governance
and administration to the board shall take effect at 12:01 a.m. on January 1, 2015, and thereafter
the board shall take all control and responsibility for the program under procedures and authority
set out in this chapter. (b) The program governed and administered by the board shall provide
a reasonable relationship between the health care benefits to be included and the expected
health care expenses to be incurred by affected employees, retirees, and their dependents.
The board may establish a fully insured or self-insured health care plan for employees and
retirees as defined in this chapter and may adopt rules for the...
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12-5A-9
Section 12-5A-9 Participation of eligible employees in Employees' Retirement System; creditable
service; formal leave accounting system; inclusion in health insurance plan. (a) Class specifications
and rates of compensation for employees covered by this chapter, juvenile probation officers,
juvenile probation professional staff, and clerical staff, hereafter called "eligible
employees," and any future employees occupying those positions shall be established by
the Administrative Director of Courts. Notwithstanding the foregoing, the compensation of
any employee shall not be diminished as a result of his or her inclusion in the state court
system personnel system. (b) Eligible employees included in the state court system personnel
system pursuant to this chapter shall, on October 1 of the year their county transitions,
be covered by the Employees' Retirement System. An employee who on that date is participating
in a local retirement plan other than a unit administered by the Employees'...
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16-25-14
Section 16-25-14 Retirement of members; benefits generally. (a)(1) Any Tier I plan member who
withdraws from service upon or after attainment of age 60 and any Tier II plan member who
withdraws from service upon or after attainment of age 62, or in the case of a Tier II plan
member who is a correctional officer, firefighter, or law enforcement officer as defined in
Section 36-27-59, who withdraws from service upon or after attainment of age 56 with at least
ten years of creditable service as a correctional officer, firefighter, or law enforcement
officer may retire upon written application to the Board of Control setting forth at what
time, not less than 30 days nor more than 90 days subsequent to the execution and filing thereof,
he or she desires to be retired; provided, that any such member who became a member on or
after October 1, 1963, shall have completed 10 or more years of creditable service. (2) Any
Tier I plan member who has attained age 60 and any Tier II plan member who...
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36-27-170
Section 36-27-170 Participation in plan. (a) As governed by this subsection, there exists as
a part of this retirement system, an optional account known as the Deferred Retirement Option
Plan, which may be cited as "DROP." The purpose of DROP is to allow, contractually,
in lieu of immediate withdrawal from service and receipt of a retirement allowance, continued
employment for a specific period of time, coupled with the deferral of receipt of a retirement
allowance until the end of such period of participation, at which time the member shall withdraw
from service. (b) Participation in DROP is an option available to any member of this retirement
system who meets all of the following: (1) Has at least 25 years of creditable service exclusive
of sick leave. (2) Is at least 55 years of age, or in the case of a state police member, is
at least 52 years of age. (3) Is eligible for service retirement. (c) An election to participate
in DROP may be made in one year increments not to exceed five...
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45-37-123.104
Section 45-37-123.104 Withdrawal and refund of employee contributions. The following provisions
generally govern a member's withdrawal and refund of employee contributions under the plan.
Any member who fails to make application for the amount of his or her employee contributions
pursuant to this section within five years after his or her separation from the service of
the county, except as otherwise provided herein or otherwise determined by the pension board,
shall be deemed to have forfeited and donated such employee contributions to the trust fund
pursuant to Section 45-37-123.83. The foregoing five year rule only applies to a member; in
the case of a beneficiary, the pension board may only forfeit employee contributions after
it has exhausted reasonable efforts to locate the beneficiary. (1) WITHDRAWAL OF EMPLOYEE
CONTRIBUTIONS BY MEMBERS NOT ENTITLED TO A DEFERRED RETIREMENT BENEFIT. In the event that
a member ceases to be an employee of the county for reasons other than...
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45-37A-51.245
Section 45-37A-51.245 Retroactive deferred retirement option plan. (a) Effective July 1, 2002,
a participant who retires at least 90 days following July 1, 2002, who has then completed
at least 23 years of credited service, and who is otherwise entitled to retire and receive
a normal retirement benefit, shall have the opportunity to elect a back drop plan. A participant
eligible for the back drop plan can elect in writing at his or her retirement to retroactively
drop his or her credited service in excess of 20 years, for a period of months not exceeding
36 months immediately preceding the date of retirement, the back drop period; provided that
the beginning of the back drop period may not extend past the earliest date on which the participant
would have qualified for a normal retirement benefit. A participant who is not actively employed
may not make a back drop election. To be effective, a back drop election by a married participant
shall be approved in writing by his or her spouse....
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16-25-150
Section 16-25-150 Participation in plan. (a) As governed by this subsection, there exists as
a part of this retirement system an optional account known as the Deferred Retirement Option
Plan, which may be cited as "DROP." The purpose of DROP is to allow, contractually,
in lieu of immediate withdrawal from service and receipt of a retirement allowance, continued
employment for a specific period of time, coupled with the deferral of receipt of a retirement
allowance until the end of the period of participation, at which time the member shall withdraw
from service. (b) Participation in DROP is an option available to any member of this retirement
system who meets all of the following requirements: (1) Has at least 25 years of creditable
service exclusive of sick leave. (2) Is at least 55 years of age. (3) Is eligible for service
retirement. (c) An election to participate in DROP may be made in one year increments not
to exceed five years, nor to be less than three years. A member may...
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