|
36-27-154
Section 36-27-154 Notification of employers who have withdrawn from participation. The Board
of Control of the Employees' Retirement System may notify any employer who participated in
the Employees' Retirement System and has withdrawn from participation before May 25, 2000
that the cost-of-living increases provided by this article and Acts 98-272, 1998 Regular Session,
96-572, 1996 Regular Session, 94-232, 1994 Regular Session, as amended by 94-768 of the 1994
First Special Session, and 93-604, 1993 Regular Session, are available to their retirees and
beneficiaries provided the employer elects to fund the increase. (Act 2000-809, p. 1921, ยง
5.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-154.htm - 960 bytes - Match Info - Similar pages
36-27-208
Section 36-27-208 Members and beneficiaries of Employees' Retirement System. Commencing October
1, 2006, there is provided an increase in benefits to certain persons identified in this section
who are currently receiving benefits whose effective date of retirement was prior to October
1, 2005, for purposes of receiving benefits from the Employees' Retirement System, and to
certain beneficiaries of deceased members and deceased retirees who are currently receiving
survivor benefits if the effective date of retirement or death for the deceased member or
retiree was prior to October 1, 2005, for purposes of receiving benefits from the Employees'
Retirement System shall receive the cost-of-living increase of two percent in their gross
monthly benefit which the Legislature committed to in Section 14 of Act 2005-316, plus an
additional five percent increase in their gross monthly benefit. The increase shall not be
less than twenty-five dollars ($25) per month. The benefits provided in this...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-208.htm - 1K - Match Info - Similar pages
36-27-197
Section 36-27-197 Members and beneficiaries of Employees' Retirement System. Commencing October
1, 2005, there is provided an increase in benefits to certain persons identified in this section
who are currently receiving benefits whose effective date of retirement was prior to October
1, 2004, for purposes of receiving benefits from the Employees' Retirement System, and to
certain beneficiaries of deceased members and deceased retirees who are currently receiving
survivor benefits if the effective date of retirement or death for the deceased member or
retiree was prior to October 1, 2004, for purposes of receiving benefits from the Employees'
Retirement System shall receive a cost-of-living adjustment (COLA) of four percent of the
current gross benefit. In no case shall the COLA be less than fifteen dollars ($15) per month.
The benefits provided in this section are limited to those retirees whose participation in
the Employees' Retirement System was based on Section 36-27-6, and whose...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-197.htm - 1K - Match Info - Similar pages
16-25-81
Section 16-25-81 Cost-of-living increase provided for certain retirees participating under
Section 36-27-6. (a) Commencing October 1, 1993, there is provided to certain persons identified
in subsection (b) of this section who are currently receiving benefits, whose effective date
of retirement was prior to October 1, 1992, for purposes of receiving benefits from the Employees'
Retirement System, and to certain beneficiaries of deceased members and deceased retirees
who are currently receiving survivor benefits if the effective date of retirement or death
for the deceased member or retiree was prior to October 1, 1992, for purposes of receiving
benefits from the Employees' Retirement System, a cost-of-living increase as follows: (1)
1.28 percent of the current gross benefit paid to the retiree and to certain beneficiaries
of deceased members and deceased retirees. (2) One dollar and twenty-eight cents ($1.28) per
month for each year of service attained by the retiree for each retiree...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-81.htm - 2K - Match Info - Similar pages
36-27-21
Section 36-27-21 Increase in maximum retirement allowance of certain state, etc., employees
- 1975 15 percent increase. (a) Any pensioner and any retired member and any member who retires
after June 1, 1975, under the Employees' Retirement System of Alabama whose maximum retirement
allowance is based on the minimum guarantee and whose maximum retirement allowance, after
taking into account the reduction of certain retirement allowances by the repeal of Act No.
1070 of the 1973 Acts, is not increased in the amount of 15 percent by the 15 percent formula
increase provided by the 1975 amendment of Section 36-27-16, is hereby provided, on or after
October 1, 1975, an increase in his maximum retirement allowance which shall be sufficient
to equal an increase in his maximum retirement allowance of 15 percent. (b) The funds necessary
to pay the increase in retirement allowances described in subsection (a) of this section to
employees who participated in the Employees' Retirement System of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-21.htm - 1K - Match Info - Similar pages
16-25-42
Section 16-25-42 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. (a) There is hereby provided, commencing October 1, 1988 to certain persons identified
in subsection (b) herein, whose effective date of retirement for purposes of receiving benefits
from the Employees' Retirement System is prior to October 1, 1987 and to certain beneficiaries
of deceased members and deceased retirees, provided the effective date of retirement or death
for such deceased retiree or deceased member for purposes of receiving benefits from the Employees'
Retirement System was prior to October 1, 1987 and who is receiving a monthly allowance from
the Employees' Retirement System a cost-of-living increase 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-42.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
16-25-26
Section 16-25-26 Performance of duties by retired persons; service in elected public office.
(a) Any person who is retired under the Teachers' Retirement System may perform duties in
any capacity, including as an independent contractor, with any employer participating in the
Employees' Retirement System or the Teachers' Retirement System without suspension of his
or her retirement allowance provided that (1) the person is not employed in a permanent full-time
capacity and (2) the person's compensation from the employer in calendar year 2016 does not
exceed thirty thousand dollars ($30,000). Beginning in calendar year 2017, and each calendar
year thereafter, the annual earning limit shall be increased by the same percentage increase
as the increase in the Consumer Price Index for all urban consumers as published by the U.S.
Department of Labor, Bureau of Labor Statistics. Any increase in the annual earning limit
shall be rounded to the next lowest multiple of one thousand dollars...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-26.htm - 3K - Match Info - Similar pages
36-27-125
Section 36-27-125 Pensioners who retired prior to membership of employer in system. (a) Any
pensioner or beneficiary 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 on October 1, 1994 administered by the Employees' Retirement System, may receive an
increase in benefits in the amount of not less than sixty dollars ($60) nor more than one
hundred dollars ($100) per month if the city, town, county, or public or quasi-public organization
of the state elects to fund the increase, provided the pensioner retired prior to October
1, 1994. (b) Notwithstanding subsection (a), any pensioner or annuitant of a city, town, county,
or public or quasi-public organization who receives his or her monthly benefit from a source
other than the Employees' Retirement System may receive an...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-125.htm - 1K - Match Info - Similar pages
36-27-145
Section 36-27-145 Pensioners who retired prior to membership of employer in system. (a) Commencing
October 1, 1998, 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, 1998, administered by the Employees' Retirement
System, and whose years of creditable service has not been made known to the Employees' Retirement
System, may receive an increase in benefits in the amount of sixty dollars ($60) per month
if the monthly benefit is five hundred dollars ($500) or less; ninety dollars ($90) per month
if the monthly benefit is more than five hundred dollars ($500) but less than one thousand
dollars ($1,000); one hundred twenty dollars ($120) per month if the monthly benefit is more
than one thousand dollars ($1,000) but less than fifteen...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-145.htm - 2K - Match Info - Similar pages
|