36-27-24
Section 36-27-24 Funds for assets of retirement system - Creation; composition; disposition
of funds; appropriations. (a) Effective October 1, 1997, all the assets of the retirement
system shall be credited according to the purpose for which they are held among three funds,
namely, the Annuity Savings Fund, the Pension Accumulation Fund, and the Expense Fund. The
operation of the former Pension Reserve Fund and the Annuity Reserve Fund shall be discontinued
as of such date and the balance of the former Pension Reserve Fund shall be transferred to
the Pension Accumulation Fund, and the balance of the former Annuity Reserve Fund shall be
transferred to the Pension Accumulation Fund. (b) Annuity Savings Fund. The Annuity Savings
Fund shall be a fund in which shall be accumulated contributions from the compensation of
members to provide for their annuities. Contributions to and payments from the Annuity Savings
Fund shall be made as follows: Effective October 1, 1971, each employer shall...
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45-8-173.01
Section 45-8-173.01 Additional recording fee; Mental Health Advisory Board; disposition fee.
(a) In addition to any fees currently assessed, the probate office of Calhoun County shall
charge an additional fee of four dollars ($4) on certain transactions as provided herein in
the probate office of Calhoun County. For purposes of this section, a transaction means the
recording of any document in the probate office and the issuance of a marriage license by
the judge of probate. The fee shall be paid by the party filing the document or persons receiving
the marriage license at the time of the transaction in the probate court. After the first
year of the operation of this part, the Calhoun County Mental Health Advisory Board may increase
or lower the fee, provided the fee may not exceed six dollars ($6). The fee shall not apply
to matters filed in the Calhoun County Probate Court. (b) There is established the Calhoun
County Mental Health Advisory Board which shall have five members as...
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11-91A-4
Section 11-91A-4 Transfer of responsibility and control of program; membership of board. (a)
Notwithstanding the provisions of Section 36-29-14, the board shall have exclusive responsibility
and control over the program as of 12:01 a.m. on January 1, 2015. In order to make proper
preparation to assume all responsibility and control for the program effective at 12:01 a.m.
on January 1, 2015, the board shall be in place no later than September 1, 2014, and shall
hold its organizational meeting no later than October 1, 2014. The SEIB shall be responsible
for setting and conducting the initial board elections required under subsection (c) and for
ensuring that all appointing authorities for board appointments as set out in subsection (c)
are notified of appointments to be made pursuant to this chapter. In order to ensure that
all board members are appointed or elected no later than September 1, 2014, all appointments
shall be made and all elections conducted no later than August 15, 2014....
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16-25-11.21
Section 16-25-11.21 Purchase of credit for prior service to certain institutions of higher
education. (a) Any active, vested, and contributing member of the Teachers' Retirement System
who has been employed in public education for a minimum of 10 years may claim and purchase
service credit in the system not to exceed five years for prior service between 1974 and 1989
rendered to an educational institution of higher education that receives direct appropriations
from the Education Trust Fund but does not participate in the Teachers' Retirement System.
The certification of prior service claimed under this section shall conform to applicable
administrative rules and procedures of the Teachers' Retirement System. Members shall receive
credit for the prior service when they remit to the system the contributions required by subsection
(b). No member shall receive credit for any service for which the member is already credited
within the system or any public retirement plan, with the exception...
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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...
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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 ($1.28) per
month for each year of service attained by the retiree for each retiree...
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36-27-21.1
Section 36-27-21.1 Increase in maximum retirement allowance of certain state, etc., employees
- 1978 cost-of-living increase and cost-of-living increases thereafter. (a) Except as hereinafter
provided, each person having retired under the provision of statutes governing the Teachers'
Retirement System or the Employees' Retirement System of Alabama prior to October 1, 1977,
shall be entitled to receive, in addition to present benefits, a supplemental benefit in an
amount based upon his present benefits, according to the following schedule: Present Benefits
Supplemental Benefit ($ 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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45-37A-51.131
Section 45-37A-51.131 Method of selection and terms of appointment of board members. (a) The
members of the board of managers, other than the mayor who shall always serve as chair, shall
be selected and shall serve for the term as hereafter set forth. (1) The mayor of the city
shall always serve as the chair of the system. (2) The member appointed by the personnel board
shall have a minimum of seven years' experience in an executive capacity in accounting, insurance,
actuarial, investment, or banking work, and shall be a qualified voter and shall serve a four-year
term. Should the appointed member die, resign, or otherwise be unable to serve, the vacancy
thus created shall be filled by the personnel board for the unexpired portion of the term.
(3) The first of the two members elected by a majority of the votes cast by the general employees
participants in the system shall be a participant in the system and shall be a qualified voter.
In order to assure representation of all...
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16-25-101
Section 16-25-101 Cost-of-living increase to members and beneficiaries of Employees' Retirement
System. (a) Commencing October 1, 1994, 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, 1994, 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, 1994, for purposes of receiving
benefits from the Employees' Retirement System, a cost-of-living increase as follows: (1)
Two and one-half percent of the current gross benefit paid to the retiree and to certain beneficiaries
of deceased members and deceased retirees. (2) One dollar and fifty cents ($1.50) per month
for each year of service attained by the retiree for each retiree...
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16-25-121
Section 16-25-121 Cost-of-living increase to members and beneficiaries of Employees' Retirement
System. (a) Commencing October 1, 1998, there is provided to certain persons identified in
subsection (b) who are currently receiving benefits, whose effective date of retirement was
prior to October 1, 1998, 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, 1998, for purposes of receiving benefits from the
Employees' Retirement System shall receive a cost-of-living increase of not less than thirty
dollars ($30) per month and the increase shall be more if determined as follows: (1) Four
percent of the current gross benefit paid to the retirees and to certain beneficiaries of
deceased members and deceased retirees. (2) Two dollars ($2) per month for...
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