36-27-182
Section 36-27-182 Amount of increase - Persons whose employers participated in Employees' Retirement
System. Commencing October 1, 2002, each person whose employer participated in the Employees'
Retirement System pursuant to Sections 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, 2001, and who is receiving a monthly allowance or is eligible to receive a monthly allowance
from the Employees' Retirement System, shall receive a cost-of-living increase as described
in Section 36-27-180. Beneficiaries of deceased members or deceased retirees of employers
participating in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1,
shall be entitled to the increase the retiree has attained under the provisions in Section
36-27-180. In no case shall the COLA be less than fifteen dollars ($15) per month. (Act 2002-393,
p. 986, §3.)...
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36-27-25
Section 36-27-25 Funds for assets of retirement system - Management. (a) The Board of Control
shall be the trustees of the several funds of the Employees' Retirement System created by
this article as provided in Section 36-27-24 and shall have full power to invest and reinvest
the funds, through its Secretary-Treasurer in the classes of bonds, mortgages, common and
preferred stocks, shares of investment companies or mutual funds, or other investments as
the Board of Control may approve, with the care, skill, prudence, and diligence under the
circumstances then prevailing that a prudent person acting in a like capacity and familiar
with such matters would use in the conduct of an enterprise of a like character and with like
aims. Subject to like terms, conditions, limitations and restrictions, the Board of Control,
through its Secretary-Treasurer, shall have full power to hold, purchase, sell, assign, transfer,
and dispose of any investments in which the funds created in Section...
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16-25-5
Section 16-25-5 Transfer of membership in Employees' Retirement System of Alabama, etc., of
janitors, maids, cafeteria workers and other full-time employees in public education. (a)
The phrase "public education," as used in this section, shall be construed as meaning
and referring to any institution of learning supported wholly by public funds, regardless
of whether such institution is under the control and supervision of the State Department of
Education. (b) All janitors, maids, cafeteria workers and any other full-time employees in
public education, regardless of in what manner or on what basis paid, covered in the Employees'
Retirement System of Alabama under the provisions of Section 36-27-6 on October 1, 1975 shall
be enrolled and transferred to the Teachers' Retirement System of Alabama by their employer
with all credit as has been established in the Employees' Retirement System of Alabama. (c)
All janitors, maids, cafeteria workers and any other full-time employees in public...
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9-18-3
Section 9-18-3 Contracts of Board of Control of Employees' Retirement System with board. The
Board of Control of the Employees' Retirement System of Alabama may make one or more contracts
with the Southern Interstate Nuclear Board in order to further or facilitate the activities
of the board pursuant to Article II (f) of the compact. No such contract shall take effect
prior to its approval by the Director of Finance. (Acts 1961, Ex. Sess., No. 52, p. 1909,
§3.)...
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36-27-150
Section 36-27-150 Amount of increase - Persons other than those whose employers participated
in Employees' Retirement System. (a) Commencing October 1, 2000, 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, 2000, 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 four percent in their gross monthly benefit, but not less than
twenty-five dollars ($25) per month. (b) Beneficiaries of deceased members or deceased retirees,
except where the deceased member or deceased retiree retired from an employer participating
in the Employees' Retirement System pursuant to Sections 36-27-6, 36-27-7, and 36-27-7.1,
if the date of death for the deceased member, or the effective date of...
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36-27-180
Section 36-27-180 Amount of increase - Persons other than those whose employers participated
in Employees' Retirement System. (a) Commencing October 1, 2002, 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, 2001, 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 three percent in their gross monthly benefit, but not less than
fifteen dollars ($15) per month. (b) Beneficiaries of deceased members or deceased retirees,
except where the deceased member or deceased retiree retired from an employer participating
in the Employees' Retirement System pursuant to Sections 36-27-6, 36-27-7, and 36-27-7.1,
if the date of death for the deceased member, or the effective date of...
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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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36-27-89
Section 36-27-89 Amount of increase - Persons whose employer participated under Sections 36-27-7
or 36-27-7.1. There is hereby provided, commencing October 1, 1990, to each person whose employer
participated in the Employees' Retirement System pursuant to Sections 36-27-7 or 36-27-7.1,
whose effective date of retirement for purposes of receiving benefits from the Employees'
Retirement System is prior to October 1, 1989, and to certain beneficiaries of deceased members
and deceased retirees of such employers, 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, 1989, and who is receiving a monthly allowance from
the Employees' Retirement System a cost-of-living increase as follows: (1) $.50 per month
for each year of service attained by said retiree plus $1.50 per month for each year of retirement
attained by said retiree for each retiree selecting...
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36-27-87
Section 36-27-87 Amount of increase - Persons other than those whose employer participated
under Sections 36-27-6, 36-27-7 or 36-27-7.1. There is hereby provided, commencing October
1, 1990, to each person except persons whose employer participated in the Employees' Retirement
System pursuant to Sections 36-27-6, 36-27-7 or 36-27-7.1, whose effective date of retirement
for purposes of receiving benefits from the Employees' Retirement System is prior to October
1, 1989, and to beneficiaries of deceased members or deceased retirees except where the deceased
member or deceased retiree retired from an employer participating in the Employees' Retirement
System pursuant to Sections 36-27-6, 36-27-7 or 36-27-7.1, provided the date of death for
such deceased member or the effective date of retirement for such deceased retiree for purposes
of receiving benefits from the Employees' Retirement System was prior to October 1, 1989,
and who is receiving a monthly allowance from the Employees'...
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45-22-221
Section 45-22-221 Retirement. The Cullman County Park and Recreation Board as a participating
employer in the Employees Retirement System under Section 36-27-6 shall assume liability limited
solely to the employer cost necessary to fund all cost-of-living adjustments granted under
the Employees' Retirement System after September 30, 1995, to persons who retired from service
to the Park and Recreation Board of Cullman County which was dissolved in 1995, and subsequently
succeeded by the current Cullman County Park and Recreation Board. Such persons shall be treated
the same as all other persons retired from services with Cullman County. (Act 2000-451, p.
813, §1.)...
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