|
36-27-54.1
Section 36-27-54.1 Purchase of credit for prior service with Alabama State Docks. (a) Any active
and contributing member of the Employees' Retirement System, who is employed by the Alabama
State Docks on October 1, 1993, may purchase credit in the Employees' Retirement System for
prior service with the state docks if the member has not received credit in the system for
the same prior service and has not vested or otherwise become eligible to receive a retirement
benefit by using the same prior service credit in another pension plan offered by the state
docks. (b) A member of the Employees' Retirement System who is eligible to purchase any prior
service credit under subsection (a) shall receive the credit if he or she pays into the system
on or before his or her date of retirement, an amount of five percent of the greater of the
member's current annual earnable compensation or average final compensation for the entire
period of prior service claimed, or any portion thereof, plus eight...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-54.1.htm - 2K - Match Info - Similar pages
36-27-55.1
Section 36-27-55.1 Purchase of credit for prior service with Alabama State Council on the Arts.
(a) Any active and contributing member of the Employees' Retirement System may purchase credit
in the Employees' Retirement System for prior service with the Alabama State Council on the
Arts if the member has not received credit in the system for the same prior service and has
not vested or otherwise become eligible to receive a retirement benefit by using the same
prior service credit in another pension plan offered by the council. (b) A member of the Employees'
Retirement System who is eligible to purchase any prior service credit under subsection (a)
of this section shall receive the credit if he or she pays into the system on or before his
or her date of retirement, an amount of five percent of the greater of the member's current
annual earnable compensation or average final compensation, whichever is greater, as determined
by the actuary for the system, for the entire period of prior...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-55.1.htm - 1K - Match Info - Similar pages
16-25-13.2
Section 16-25-13.2 Purchase of credit for prior service at Walker College. (a) Any active and
contributing member of the Teachers' Retirement System of Alabama, who prior to July 31, 1995,
was a regular employee of Walker College, may claim and purchase prior service credit, not
to exceed five years, for that prior service. Contributing members have one year from July
31, 1995, to make a lump sum payment in order to gain credit for up to five years of eligible
service at Walker College. (b) Any person eligible under subsection (a) to claim and purchase
credit for prior service shall be awarded credit for the service under the Teachers' Retirement
System of Alabama if he or she complies with each of the following requirements: (1) The person
provides certification to the Teachers' Retirement System no later than 60 days before the
date of his or her retirement, as to the time of service and salary for each period of claimed
service. The certification shall be made by the employing...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-13.2.htm - 1K - Match Info - Similar pages
16-25-11.9
service as prescribed in subsection (d), shall be entitled to receive credit for all prior
service as a teacher rendered by him or her. The eligible employer to whom the prior service
was rendered shall pay to the Secretary-Treasurer, within one year from October 1, 1993, for
each year of claimed service, a sum equal to a percentage of his or her average final compensation
or current annual earnable compensation, whichever is greater, the applicable percentage shall
be the sum of the prevailing percentage rates of employer and member contributions, as required
by the most recent actuarial valuations, for each year of prior service credit purchased.
In the event the employer is unable to verify the employment of any person covered in subsection
(d), upon certification of the employer that records are not available, the member may submit
affidavits from two disinterested parties with personal knowledge attesting to the
employment of the member. (Acts 1993, No. 93-644, p. 1109, ยงยง1-5.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.9.htm - 5K - Match Info - Similar pages
16-25-11.15
Section 16-25-11.15 Purchase of credit for prior service with eligible employer under Employees'
Retirement System. (a)(1) Any person who, as of July 1, 1990, is an officer or a regular employee
of an employer participating in the Teachers' Retirement System and who has previously been
employed by another employer eligible for participation in the Employees' Retirement System
pursuant to Section 36-27-6, shall be eligible to receive creditable service for each year
of service previously rendered to another employer eligible for participation in the Employees'
Retirement System pursuant to Section 36-27-6, for up to eight years of creditable service,
provided, that the member claiming the credit shall have attained not less than 10 years of
contributing membership service credit, exclusive of military service credit under the Teachers'
Retirement System, and the member performs and complies with the condition prescribed in subdivision
(2). (2) A member of the Teachers' Retirement System...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.15.htm - 2K - Match Info - Similar pages
16-25-11.17
Section 16-25-11.17 Purchase of credit for prior service with Department of Industrial Relations.
(a) An active and contributing member of the Teachers' Retirement System who has 10 years
of creditable service in the Teachers' Retirement System of Alabama may purchase up to four
years service credit in the system for prior service rendered as a full-time employee with
the Department of Industrial Relations under the federal Comprehensive Employment and Training
Act between October 1974 and November 1978. (b) Any member eligible to claim and purchase
credit for service under subsection (a) shall be awarded such credit under the Teachers' Retirement
System of Alabama provided that he or she pays to the Secretary-Treasurer of the Teachers'
Retirement System, prior to the earlier of the member's date of retirement or October 1, 2001,
a lump sum equal to the full actuarially determined cost for each year of service purchased
as determined by the system's actuary. Notwithstanding the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.17.htm - 1K - Match Info - Similar pages
16-25-11.6
Section 16-25-11.6 Purchase of credit for employment with school operated by Department of
Defense. (a) Any active and contributing member of the Teachers' Retirement System of Alabama
who was a regular employee of a school operated by the Department of Defense of the United
States of America and is now covered by the Teachers' Retirement System shall be eligible
to receive credit for such service provided that the member of the Teachers' Retirement System
claiming such credit shall have attained not less than 10 years of contributing membership
service credit exclusive of military service credit under the Teachers' Retirement System,
and provided further that such member performs and complies with the conditions prescribed
in subsection (b). (b) A member of the Teachers' Retirement System of Alabama eligible under
subsection (a) may receive credit for employment rendered to a school operated by the Department
of Defense of the United States of America as provided in subsection (a),...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.6.htm - 3K - Match Info - Similar pages
36-27-59
Section 36-27-59 Award of hazardous duty time; purchase of credit under Employees' or Teachers'
Retirement System. (a) When used in this section, the following terms shall have the following
meanings, unless the context clearly indicates otherwise: (1) CORRECTIONAL OFFICER. A full-time
correctional officer who is certified as a correctional officer by the Alabama Peace Officers'
Standards and Training Commission. (2) FIREFIGHTER. A full-time firefighter employed with
the State of Alabama, a municipal fire department, or a fire district who has a level one
minimum standard certification by the Firefighters Personnel Standards and Education Commission,
or a firefighter employed by the Alabama Forestry Commission who has been certified by the
State Forester as having met the wild land firefighter training standard of the National Wildfire
Coordinating Group. (3) LAW ENFORCEMENT OFFICER. A full-time law enforcement officer, not
covered as a state policeman, employed with any state agency,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-59.htm - 5K - Match Info - Similar pages
36-27-15.2
Section 36-27-15.2 Granting of credit for out-of-state service, service as support employee
or teachers' aide, Teachers' Corps service, and Job Corps service. (a)(1) Any member of the
Teachers' Retirement System of Alabama or any member of the Employees' Retirement System of
Alabama shall be eligible to receive up to 10 years of creditable service for employment in
public education in states other than Alabama, for prior service in public education in Alabama
as a support employee or a teacher's aide, for regular full-time service with the Teachers'
Corps in the State of Alabama, for regular full-time service with the Job Corps, or for up
to 10 years of creditable service for public employment rendered in states other than Alabama,
provided that the member of the retirement system claiming the credit shall have attained
not less than 10 years of contributing membership service credit, exclusive of military service
credit, under the retirement system of which he or she is a member; and,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-15.2.htm - 5K - Match Info - Similar pages
36-27-71
Section 36-27-71 Conditions precedent to receipt of credit. (a) A member of the Employees'
Retirement System of Alabama who becomes eligible under Section 36-27-70 on or after December
28, 2001, may receive credit for employment rendered to a city, county, or a political subdivision
thereof of the State of Alabama as provided in Section 36-27-70 provided that as conditions
precedent to the receipt of such credit: (1) Such member shall contribute, prior to the date
of his or her retirement to the Employees' Retirement System for each year of employment with
a city, county, or a political subdivision thereof of the State of Alabama, the full actuarially
determined cost for each year of service purchased as determined by the system's actuary.
(2) The city, county, or the political subdivision thereof of the State of Alabama for which
such member was employed shall certify in writing to the Employees' Retirement System the
dates of the member's employment together with a statement...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-71.htm - 3K - Match Info - Similar pages
|