45-49-120.24
Section 45-49-120.24 Pension or retirement plan. The board shall cause a thorough investigation
to be made of the possibilities of establishing a pension plan or system of retirement benefits
for employees in the classified service and report their findings and recommendations, together
with estimates of cost to employees and to the affected county and cities, to the members
of the Legislature representing the county. (Acts 1939, No. 470, p. 298, § 25.)...
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16-25A-11
Section 16-25A-11 Employees in Teachers' Retirement System may vote to be covered by
article; election irrevocable; contribution by employer. Any board, agency, organization,
or association which participates in the Teachers' Retirement System of Alabama, but whose
employees are not included in the definition of employee in Section 16-25A-1 may, by
resolution legally adopted to conform to rules prescribed by the board and upon a majority
vote of its employees, elect to have its employees and under certain conditions its retired
employees covered by the provisions of this article, provided such board, agency, organization,
or association shall contract to pay the full cost of coverage for each such employee in the
amounts set forth by the board and as defined in Section 16-25A-1 for a full-time employee;
participation, once elected, is irrevocable. Each retired employee shall be given the option
to participate under the provisions of Section 16-25A-8(c) provided any employer electing
to...
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36-27-21.1
Section 36-27-21.1 Increase in maximum retirement allowance of certain state, etc.,
employees - 1978 cost-of-living increase and cost-of-living increases thereafter. (a) Except
as hereinafter provided, each person having retired under the provision of statutes governing
the Teachers' Retirement System or the Employees' Retirement System of Alabama prior to October
1, 1977, shall be entitled to receive, in addition to present benefits, a supplemental benefit
in an amount based upon his present benefits, according to the following schedule: Present
Benefits Supplemental Benefit ($ per month) ($ per month) Less than 200.00 60.00 200.00 -
299.00 40.00 300.00 - or over 30.00 (b) There is hereby appropriated from the Education Trust
Fund to the Teachers' Retirement System of Alabama the sum of $6,424,920.00 (estimated), or
as much as is necessary to carry out the provisions of this section as they relate
to the Teachers' Retirement System of Alabama, for the fiscal year beginning October 1,...

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36-27-6.2
Section 36-27-6.2 Participation of employees of counties, towns, public or quasi-public
organizations, etc. - Purchase of credit for service in position previously excluded. (a)
Any active and contributing member of the Employees' Retirement System who is an employee
of an employer participating in the system pursuant to Section 36-27-6, and whose current
position was once excluded by the employer from participating in the system, may receive credit
in the system for the period of full-time service for which his or her position was excluded
by the employer from participating in the system, provided the member claiming the credit
has been continuously employed by the employer since January 1, 1987, and the member performs
and complies with the conditions prescribed in subsection (b). (b) A member of the Employees'
Retirement System eligible to purchase credit in the system under subsection (a) shall receive
the credit after satisfying the following conditions: (1) Within one year of...
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36-27-8.2
Section 36-27-8.2 Performance of duties by retired persons; service in elected public
office. (a) Any person who is retired under the Employees' 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...
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12-18-110
Section 12-18-110 Transfer of contributions and creditable service - Eligibility period;
procedure. (a) Any member of the Judicial Retirement Fund, who, not more than one year prior
to becoming a member of the Judicial Retirement Fund, was a member of the Employees' Retirement
System of Alabama or the Teachers' Retirement System of Alabama may elect to transfer to the
Judicial Retirement Fund his or her creditable service and accumulated contributions in the
Employees' or Teachers' Retirement System, as provided in this article. (b) Any member desiring
to transfer any creditable service and contributions shall notify the Board of Control of
the Employees' Retirement System within one year after he or she becomes a member of the Judicial
Retirement Fund, or, if a member of the fund on May 19, 1993, then, within one year after
May 19, 1993, of his or her election to transfer the creditable service and shall authorize
transfer of the amount of his or her accumulated contributions to his...
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36-27-130
Section 36-27-130 Amount of increase - Persons other than persons whose employer participated
in Employees' Retirement System. Commencing October 1, 1996, 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, 1996, and who is receiving or is entitled
to receive a monthly allowance from the Employees' Retirement System, and certain beneficiaries
of deceased members and deceased retirees currently receiving survivor benefits, if the effective
date of retirement or death for the deceased retiree or deceased member was prior to October
1, 1996, for purposes of receiving benefits 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 as follows: (1) Two...
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36-27-4.1
Section 36-27-4.1 Membership - Purchase of service credit by member prohibited from
participating because of age. Any member of the Employees' Retirement System of Alabama who
was prohibited from participating in the Employees' Retirement System because such member
was age 61 or older at the time of his employment may purchase credit for any such service
including service rendered subsequent to October 1, 1988, for which the member would have
been eligible for coverage except for his age, provided that such member shall pay to the
Secretary-Treasurer of the Employees' Retirement System within one year after October 1, 1989,
a sum equal to the total contributions which he would have made as a member during the period
of such employment plus eight percent interest on such total contributions compounded annually
from the date of such service. (Acts 1989, No. 89-695, p. 1370, §4.)...
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36-27-55
Section 36-27-55 Purchase of prior service credit by certain members with prior service
in Office of Agriculture Economics at Auburn University; cost; termination date. (a) Any acting
and contributing member of either the Teachers' or the Employees' Retirement System may elect
to purchase prior service credit for any full time employment he or she had in the Office
of Agriculture Economics at Auburn University, provided such person complies with the following
conditions prescribed in this section. (b) Any member eligible to claim and purchase
such credit for service under subsection (a) of this section shall be awarded creditable
service under either the Teachers' or the Employees' Retirement System, as the case may be,
provided he or she shall pay into his or her retirement system or fund, prior to said member's
date of retirement and prior to October 1, 1991, a sum equal to a percentage of his or her
current annual earnable compensation, or average final compensation, whichever is...
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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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