36-27-11
Section 36-27-11 Determination of prior creditable service; computation of creditable service at retirement; procedure for restoration of creditable service to certain persons; payment of makeup contributions by certain persons. (a) Under such rules and regulations as the Board of Control shall adopt, each member who was an employee prior to October 1, 1945, and who has made up contributions for time served as a nonmember and who becomes a member prior to September 1, 1966, shall file a detailed statement of all service as an employee rendered by him prior to October 1, 1945, for which he claims credit. (b) The Board of Control shall fix and determine by appropriate rules and regulations how much service in any year is equivalent to one year of service, but in no case shall it allow any credit for a period of absence without pay of more than one month's duration, nor shall more than one year of service be creditable for all service in one calendar year. (c) Subject to the restrictions...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-11.htm - 8K - Match Info - Similar pages
16-25-11
Section 16-25-11 Creditable service. (a) Under such rules and regulations as the Board of Control shall adopt, each person who was a teacher prior to October 1, 1940, and who under the provisions of this chapter makes up contributions plus eight percent compound interest on such contributions for the time said teacher taught as a nonmember and who becomes a member prior to October 1, 1974, shall file a detailed statement of all service as a teacher rendered by him prior to October 1, 1940, for which he claims credit. The Board of Control shall fix and determine by appropriate rules and regulations how much service in any year is equivalent to one year of service, but in no case shall it allow any credit for a period of absence without pay for more than one month's duration, nor shall more than one year of service be creditable for all service in one calendar year. Service rendered for a regular school year shall be equivalent to one year's service. Subject to the above restrictions and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.htm - 6K - Match Info - Similar pages
45-37A-51.11
Section 45-37A-51.11 Death benefit for spouses and children not receiving certain benefits. (a) The words, terms, and phrases used in this section shall have the meaning ascribed to them by Act 929, or Section 45-37A-51.07, unless it appears from the context that a different meaning is intended. (b)(1) This section shall not apply to any firefighter or police officer, or to his or her spouse, child, or children, unless at the time of his or her death he or she had accumulated at least five years' credited service under Act 929. This section shall not apply to any firefighter or police officer who has not executed within the time hereinafter specified an instrument which shall provide that in the event of his or her death the board of managers of this supplemental pension system shall receive the return of any contributions made by him or her to this supplemental pension system and to the general retirement and relief system created by Act 929, which if he or she had not executed the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.11.htm - 5K - Match Info - Similar pages
45-37A-51.224
Section 45-37A-51.224 Involuntary retirement. (a) In the event a participant shall be involuntarily retired after having completed 20 or more years of credited service prior to attaining the age of 60 years, such participant shall be entitled to a monthly retirement benefit equal to the product of the final average salary multiplied by the applicable percentage rate determined at the date of termination, multiplied by such participant's years of credited service. Should the participant be involuntarily retired prior to attaining age 60 his or her entitlement to the monthly retirement benefit, at this retirement date, shall additionally require that within 60 days of the involuntary retirement the agency governing tenure of service of city employees certify in writing to the board that such employee has not contributed by his or her own fault or misconduct to the separation from service. Should such certification not be made within the prescribed time, the monthly retirement benefit...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.224.htm - 3K - Match Info - Similar pages
45-45-81.90
Section 45-45-81.90 Retirement compensation. (a) Any circuit judge or retired circuit judge in the Twenty-third Judicial Circuit shall have the right of election to come under this section. Any judge who elects to make the contributions provided in subsection (b) shall upon retirement be entitled to receive as additional compensation payable from the treasury of the county, for each year of service for which he or she is given credit toward retirement under the State of Alabama Judicial Retirement System, a sum equal to 2.222 percent of the compensation paid the judge by the State of Alabama. (b) A circuit judge or retired circuit judge in the Twenty-third Judicial Circuit may elect to participate in the retirement benefits provided in subsection (a) by filing with the clerk of the circuit court and with the chair of the county commission or county treasurer of the county wherein such circuit is located a written instrument declaring his or her election to so participate and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-45-81.90.htm - 2K - Match Info - Similar pages
45-49A-63.42
Section 45-49A-63.42 Restoration of retired member or other former member to service. (a) If a member entitled to a benefit under Section 45-49A-63.60, Section 45-49A-63.61, or subsection (a) of Section 45-49A-63.62 of the plan is restored to service as a uniformed officer, any benefit he or she may be receiving under Subpart 4 shall cease and any election of an optional benefit in effect shall be void. If he or she is restored to service as a uniformed officer before he or she has a break in service exceeding one year, any service to which he or she was entitled when he or she retired or terminated service shall be restored to him or her, and upon his or her later retirement or termination, his or her benefit shall be based on the benefit formula then in effect and his or her salary and service before and after his or her break in service, reduced by an amount that is of equivalent actuarial value to the benefits he or she received under Section 45-49A-63.60 or subsection (a) of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49A-63.42.htm - 4K - Match Info - Similar pages
36-27-57
Section 36-27-57 Purchase of credit for prior service with district attorney. (a) Whenever words and phrases defined in Section 36-27-1 are used in this section, they shall have the same meanings ascribed to them in that section unless the context clearly indicates that a different meaning is intended. (b) Any active and contributing member of the Employees' Retirement System may elect to purchase credit for any service rendered to any district attorney within the State of Alabama prior to May 4, 1982, the effective date of Section 36-29-1, notwithstanding any document heretofore executed which was signed waiving the right to purchase the service. (c) Any employee electing to purchase service credit pursuant to subsection (b) shall remit to the Secretary-Treasurer of the Retirement System of Alabama, within one year of October 1, 1996, for each year of service credit, a percentage of his or her current annual earnable compensation or average final compensation, whichever is greater;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-57.htm - 1K - Match Info - Similar pages
12-18-87
Section 12-18-87 Benefits. (a) Judges' retirement benefits. - The annual retirement benefit payable to a probate judge retiring pursuant to subdivisions (2), (3), (4), and (5) of Section 12-18-84 shall be 75 percent of the base sum or salary upon which such judge is paying the percentage as provided in subsection (a) or subsection (b) of Section 12-18-82 immediately prior to retirement. Such retirement benefit shall be payable monthly from the State Treasury for the life of the beneficiary. (b) Spouses' benefits. - After the death of any probate judge who has held office for a minimum of five years, his or her spouse shall receive a yearly benefit from the State Treasury equivalent to the greater of $480.00 per year, multiplied by the number of years of service, not to exceed 10 years, or three percent of the base sum or salary upon which such probate judge was paying the percentage as provided in subsection (a) or subsection (b) of Section 12-18-82 immediately prior to retirement,...
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45-37A-51.222
Section 45-37A-51.222 Participants vesting. (a) (1) All participants who are participants before July 1, 2017, shall vest at five years of credited service. (2) Notwithstanding anything to the contrary contained in this section, all participants who first become participants on or after July 1, 2017, shall vest at 10 years of credited service. (b) All participants may purchase previous city, county, and city library time by paying the contribution plus interest as provided herein. (c) Participants of the city and other participating entities, except the board of health, upon termination of the employment after five years of actual service to the city or other employing participating entity, shall have the option to leave in the system fund all contributions made by the terminated employee and receive a monthly retirement benefit beginning at age 60 years in an amount equal to a multiplier in the applicable percentage effective on the date of retirement as set forth in Section...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.222.htm - 4K - Match Info - Similar pages
45-37A-51.243
Section 45-37A-51.243 Supplemental benefit. (a) In addition to the benefits described herein for normal retirement, ordinary disability, and extraordinary disability, every participant retired from city service or receiving a disability benefit immediately following having been in the city service, which participant did not have active city service after July 1, 1989, did not retire after July 1, 1990, or did not otherwise become eligible for a benefit calculated at 2.25 percent, per year after July 1, 1990, shall have received after three years of retirement or disability under this system an increase in monthly benefit in the amount of one hundred fifty dollars ($150). Present and future surviving spouses or the survivors of the retirees, who are not entitled to the 2.25 percent of the final average salary, shall have received a monthly benefit increase in the amount of the percent of the one hundred fifty dollars ($150) the surviving spouse or the survivor would normally be entitled...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.243.htm - 3K - Match Info - Similar pages
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