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45-28A-42.55
Section 45-28A-42.55 Composition of retirement fund; investment. (a) The policemen's and firemen's
retirement fund shall consist of the following: (1) All of the money, securities, and things
of value belonging to any similar fund that may now or hereafter be maintained in the City
of Gadsden. (2) All monies or properties that may be given or donated to the fund by any persons,
firm, association, or corporation for the uses and purposes for which the fund is created;
and the board may take, by gift, grant, devise, or bequest, any money, personal property,
real estate, or any interest therein, or any right of property, for the benefit of the fund.
(3) All reward money paid to any member of the police and fire departments of the city shall
be paid by the recipients of the same into the retirement fund promptly upon receipt of the
same. (4) All civil or criminal witness fees received by any member of the police and fire
departments for attendance at or before any court or grand jury in...
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45-37A-51.03
Section 45-37A-51.03 Board of managers. (a)(1) In order to assure representation of all participants
of this system, there shall be a board of managers of five members for the administration,
management, and control of the supplemental pension system, including administration, management,
control, acquisition, and disbursement of the fund. The board shall consist of the president
of the governing body of the city, who shall be chair of the board, and four associate members,
designated respectively as Member No. 1, Member No. 2, Member No. 3, and Member No. 4. (2)
Member No. 1 shall be appointed by the Jefferson County Personnel Board and shall be a person
who at the time of appointment has had five or more consecutive years immediately preceding
his or her appointment and has been an officer of, or the occupant of an executive position
in insurance, actuarial, investment, banking, or as a certified public accountant and shall
serve for a term of four years. Should the appointed Member...
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8-8-7
Section 8-8-7 Maximum rates of interest - Exemption of bonds, notes, etc., of state, instrumentalities,
localities, etc. Any bonds, notes, warrants, other evidences of indebtedness, or securities
issued by the State of Alabama or any department, agency, or instrumentality thereof, by any
not-for-profit public or private corporation at any time organized or created pursuant to
act of the Legislature or executive order of the Governor for the purpose of acting as an
instrumentality of the State of Alabama or otherwise acting in the public interest and by
any board of water and sewer commissioners created under the provisions of Article 10, Chapter
50, Title 11, and authorized to issue bonds under Section 11-50-345 by any municipality, by
any county, by any public corporation heretofore or hereafter organized or created in the
State of Alabama pursuant to authorization, determination, finding, or other action of any
municipality or municipalities or county or counties or the governing...
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16-17-1
Section 16-17-1 Definitions. For purposes of this chapter, the following words and phrases
shall be given the following respective meanings: (1) ANCILLARY IMPROVEMENTS. Educational
and related facilities of every kind including, but without limitation to, classrooms, scientific
and other laboratories, libraries, auditoriums, gymnasiums, cafeterias, dining rooms, dormitories,
student and faculty apartments, student union buildings, recreational and social facilities,
student and faculty infirmaries and clinics and facilities for washing, laundering and cleaning
clothing and fabrics of every kind, or any combination of any thereof, and shall also include
equipment and furniture and fixtures used or useful in educational and related facilities
of every kind. (2) APPLICANT.A natural person who files a written application with the governing
body of any municipality in accordance with the provisions of Section 16-17-3. (3) AUTHORITY.
Any public corporation organized pursuant to the...
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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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36-27-21.4
Section 36-27-21.4 Cost-of-living increase for persons whose date of retirement is prior to
October 1, 1984; funding; eligibility where Medicaid eligibility would be impaired. (a)(1)
There is hereby provided, commencing October 1, l985, to each person, whose effective date
of retirement for purposes of receiving benefits from the Teachers' Retirement System, is
prior to October 1, 1984, and who is receiving an allowance therefrom, a cost of living increase
of $2.00 per month for each year of creditable service attained by said retired member. (2)
There is hereby provided, commencing October 1, 1985, to each person, whose effective date
of retirement for purposes of receiving benefits from the Employees' Retirement System, is
prior to October 1, 1984, and who is receiving benefits therefrom, a cost of living increase
of $2.00 per month for each year of creditable service attained by said retired member provided
that only those retired members of the Employees' Retirement System whose...
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16-18-1
Section 16-18-1 Definitions. For the purposes of this chapter, the following words and phrases
shall have the following respective meanings: (1) ANCILLARY IMPROVEMENTS. Educational and
related facilities of every kind including, but without limitation to, classrooms, scientific
and other laboratories, libraries, auditoriums, gymnasiums, cafeterias, dining rooms, dormitories,
student and faculty apartments, student union buildings, recreational and social facilities,
student and faculty infirmaries and clinics and facilities for washing, laundering and cleaning
clothing and fabrics of every kind, or any combination of any thereof, and shall also include
equipment and furniture and fixtures used or useful in educational and related facilities
of every kind. Nothing herein shall be construed as authorizing the construction of buildings
for primarily commercial purposes. (2) APPLICANT. A natural person who files a written application
with the governing body of any municipality in...
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16-25-25
Section 16-25-25 Limitation on membership. No other provision of law in any other statute which
provides wholly or partly at the expense of the State of Alabama or of any political subdivision
thereof for pensions or retirement benefits for teachers of the said state, except as may
be provided by state and federal laws for coverage under the provisions of the Federal Old
Age and Survivors Insurance System of the Social Security Act, shall apply to members of the
retirement system established by this chapter; provided, that if any member who filed an enrollment
with the Board of Control on or before September 1, 1942, and who was certified to the Board
of Control as an employee of a county board of education which had a statutory pension plan
in effect on September 1, 1941, should receive upon retirement on or before July 1, 1950,
a retirement allowance less than the pension which would have been provided for him under
the local pension plan, then such member shall be eligible to...
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16-26A-4
Section 16-26A-4 Board of directors generally. (a) There is hereby created a board of directors
for the school, sometimes hereinafter referred to as the "board." The board shall
be composed of 21 members as follows: (1) The State Department of Education assistant state
superintendent in charge of curriculum development, or his or her designee. (2) The Chancellor
of the University of Alabama System, or his or her designee. (3) The President of Auburn University,
or his or her designee. (4) The President of the University of South Alabama, or his or her
designee. (5) The President of Alabama A&M University, or his or her designee. (6) The
Chair of the Alabama High School of Mathematics and Science Foundation. (7) The Chair of the
House Standing Committee on Education, or his or her designee. (8) The Chair of the Senate
Standing Committee on Education, or his or her designee. (9) The Chair of the House Standing
Committee on Ways and Means Education, or his or her designee. (10) The Chair...
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45-37A-51.120
Section 45-37A-51.120 Definitions. (a) The following words, terms, and phrases, wherever used
in this subpart, including this section, shall have the meanings respectively ascribed to
them in this section, unless the context plainly indicates otherwise or that a more restricted
or extended meaning is intended: (1) ANNIVERSARY DATE. The date of establishment and the month
and day thereof annually thereafter. (2) APPOINTED EMPLOYEE. A person who holds his or her
office or position by reason of being appointed by the mayor or city council or other appointing
authority of the city; who is not a classified service employee; and who serves solely at
the pleasure of the respective appointing authority. (3) BASIC MONTHLY EARNINGS and MONTHLY
SALARY. Basic monthly compensation, exclusive of overtime or other forms of extra compensation
but including longevity pay, which shall be regarded as having been received in equal monthly
installments during each of the months prior to the accrual date...
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