|
12-18-150
Section 12-18-150 (Effective November 8, 2016, subject to contingencies) Definitions.
When used in this article, the following terms shall have the following meanings, respectively,
unless the context clearly indicates otherwise: (1) ACCUMULATED CONTRIBUTIONS. The sum of
all the amounts deducted from the compensation of a member credited to his or her individual
account in the Judges' and Clerks' Plan, together with regular interest thereon. (2) ACTUARIAL
EQUIVALENT. A benefit of equal value when computed upon the basis of the mortality tables
adopted by the Board of Control and regular interest. (3) ANNUITY. Payments for life derived
from the accumulated contributions of a member. All annuities shall be payable in equal monthly
installments. (4) AVERAGE FINAL COMPENSATION. The average annual compensation of a judge or
clerk with respect to which he or she had made contributions pursuant to Section 12-18-152
during the five years in his or her last 10 years of membership service for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-18-150.htm - 3K - Match Info - Similar pages
45-37A-51.198
Section 45-37A-51.198 Purchase of credit for prior unclassified service. (a) Any employee
member having been a full-time employee in the unclassified service of the city, prior to
January 1, 1989, as a common laborer for less than 10 years, shall have had the election options
available under the terms of subsection (d) of Section 45-37A-51.162 and Section
45-37A-51.163 and shall have purchased time not later than May 15, 1989. In the case of reemployment
of an unclassified employee, such employee with unclassified time prior to January 1, 1989,
and having received a return of contributions at his or her termination of prior employment,
may purchase this creditable service time as otherwise provided in Section 45-37A-51.195.
The city shall pay an amount equal to the employee's total cost of purchase for prior credited
service into the fund for the city's contribution for the period of service. (b) To receive
credit in the system for such prior unclassified service, the employee member...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.198.htm - 1K - Match Info - Similar pages
16-25-8
Section 16-25-8 School lunchroom managers and assistants. (a) All school lunchroom managers
and all assistants to such managers who are employed by any county or city board of education
in the operation or management of a lunchroom in any public school in Alabama, regardless
of the source from which and the manner in which their salaries are paid, may become members
of the Teachers' Retirement System of Alabama; provided, that such persons elect within six
months after October 1, 1969, to accept the benefits of this chapter. Such persons may signify
their desire to become members of the Teachers' Retirement System by filing written notice
with the Secretary-Treasurer of such system within said six months' period. Any person hereafter
employed by a county or city board of education as a manager of or as an assistant to a manager
of a lunchroom in a public school shall be deemed to be a teacher within the meaning of such
word in the Teachers' Retirement System law and shall be entitled...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-8.htm - 2K - Match Info - Similar pages
16-1-18.1
Section 16-1-18.1 Accumulation of sick leave. (a) Definitions. When used in this section,
the following terms shall have the following meanings, respectively: (1) EMPLOYEE. Any person
employed full time as provided by law by those employers enumerated in this section;
and adult bus drivers. (2) EMPLOYER. All public city and county boards of education; the Board
of Trustees of the Alabama Institute for Deaf and Blind; the Alabama Youth Services Department
District Board in its capacity as the Board of Education for the Youth Services Department
District; the Board of Directors of the Alabama School of Fine Arts; the Board of Trustees
of the Alabama High School of Mathematics and Science; for purposes of subsection (c) only,
the Alabama State Senate, the Lieutenant Governor, the Office of the Senate President Pro
Tempore, the Speaker of the House of Representatives, the Alabama House of Representatives,
the Legislative Reference Service; any organization participating in the Teachers'...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-1-18.1.htm - 10K - Match Info - Similar pages
16-25A-1
Section 16-25A-1 Definitions. When used in this article, the following terms shall have
the following meanings, respectively, unless the context clearly indicates otherwise: (1)
EMPLOYEE. Any person covered by the Public Education Employees' Health Insurance Plan pursuant
to Section 16-25A-11 or person who is employed full-time in any public institution
of education within the State of Alabama which provides instruction at any combination of
grades K through 14, exclusively, under the auspices of the State Board of Education or the
Alabama Institute for Deaf and Blind; provided, any person employed part-time by any public
institution of education within the State of Alabama which provides instruction at any combination
of grades K through 14, exclusively, under the auspices of the State Board of Education or
the Alabama Institute for Deaf and Blind, shall be included in the definition of employee
if such person shall agree to have deducted from his or her compensation a pro rata...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25A-1.htm - 6K - Match Info - Similar pages
45-37-123.194
Section 45-37-123.194 Prohibition against diversion of funds. (a) Except as provided
below and otherwise specifically required by law, it shall be impossible by operation of the
plan or of the trust agreement, by termination of either, by power of revocation or amendment,
by the happening of any contingency, by collateral arrangement, or by any other means, for
any part of the corpus or income of any trust fund maintained pursuant to the plan or any
funds contributed thereto to be used for, or diverted to, purposes other than the exclusive
benefit of members, former members, or their beneficiaries; and no funds of the system, whether
in cash, securities, or otherwise, nor any income or yield thereof, shall be subject to or
exacted on account of, any tax; and no retirement or disability allowance or right to return
of contributions, or other benefits payable as set forth in the plan, shall be assignable
or be subject to execution, levy, attachment, garnishment, or other legal process....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-123.194.htm - 3K - Match Info - Similar pages
45-37A-51.09
Section 45-37A-51.09 Compensation limits; forfeitures; required minimum. (a) Compensation
in excess of one hundred sixty thousand dollars ($160,000), or such other amount provided
in the Internal Revenue Code of 1986, as amended, shall be disregarded. Such amount shall
be adjusted for increases in the cost-of-living in accordance with Section 401(a)(17)(B),
except that the dollar increase in effect on January 1 of any calendar year shall be effective
for the fiscal years beginning with or within such calendar year. If compensation for any
prior determination period is taken into account in determining a participant member's benefits
for the current fiscal year, the compensation for such prior determination period is subject
to the applicable annual compensation limit in effect for that prior period. (b) Notwithstanding
the foregoing and to the extent applicable to governmental plans as such are defined in Section
414(d) of the Internal Revenue Code of 1986, as amended, in no event may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.09.htm - 9K - Match Info - Similar pages
36-29-1
Section 36-29-1 Definitions. When used in this chapter, the following terms shall have
the following meanings, respectively, unless the context clearly indicates otherwise: (1)
BOARD. The State Employees' Insurance Board. (2) CLASS. An employee or retiree shall be included
in one of the following classes: (i) active employee single, (ii) active employee family,
(iii) non-Medicare retiree single, (iv) non-Medicare retiree family, (v) Medicare retiree
single, (vi) Medicare retiree family, (vii) non-Medicare retiree with Medicare eligible dependent(s),
or (viii) Medicare retiree with non-Medicare dependent(s). (3) EMPLOYEE. A person who works
full time for the State of Alabama or for a county health department and who receives his
or her full compensation on a monthly basis through means of a state warrant drawn upon the
State Treasury or by check drawn by the Treasurer of the Alabama State Port Authority or by
check drawn by the treasurer of the Alabama state agency for surplus property...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-29-1.htm - 11K - Match Info - Similar pages
45-37A-51.136
Section 45-37A-51.136 Powers and duties of the board. The board shall have such powers
as are necessary for the proper administration of the system including, but not limited to,
the following: (1) To prescribe procedures to be followed by participants, and their beneficiaries,
in filing applications for benefits and for the furnishing of evidence necessary to establish
employees' rights to such benefits. (2) To make determinations as to the rights of any participant
or their beneficiaries applying for or receiving benefits, and to afford any such individual
dissatisfied with any such determination the right of a hearing thereon. (3) To develop procedures
for the establishment of credited service of participants; and, after affording participants
an opportunity to make objection with respect thereto, to establish such service conclusively
in advance of retirement. (4) To retain and pay from the fund the services of a consultant
and actuary. (5) To receive and pay from the fund...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.136.htm - 2K - Match Info - Similar pages
19-3B-508
Section 19-3B-508 Qualified trusts under the Internal Revenue Code. (a) As used in this
section: (1) ASSIGNMENT or ALIENATION, and any conjugation thereof, includes any anticipation,
assignment at law or in equity, alienation, attachment, garnishment, levy, execution, or other
legal or equitable process. The term includes: (i) any arrangement providing for the payment
to the employer or other sponsor of such plan of benefits that otherwise would be due the
participant under the plan; (ii) any direct or indirect arrangement, whether revocable or
irrevocable, whereby any person acquires from a participant or beneficiary of such plan a
right or interest enforceable against the plan in, or to, all or any part of a plan benefit
which is, or may become, payable to the participant or beneficiary; (iii) any attachment,
execution, seizure, or the like, or under any form of legal process whatsoever; and (iv) the
operation of any bankruptcy or insolvency laws under 11 U.S.C. ยง 522(b) as from...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3B-508.htm - 6K - Match Info - Similar pages
|