|
16-25-10
Section 16-25-10 Certain school bus drivers, mechanics and maintenance workers - Persons
previously under Employees' Retirement System of Alabama. (a) All employees of city and county
boards of education and special schools under the direct control of the State Board of Education
now covered in the Employees' Retirement System of Alabama under the provisions of Section
36-27-6 who would have been eligible for coverage in the Teachers' Retirement System of Alabama
under the provisions of Section 16-25-9 except for being covered in the Employees'
Retirement System of Alabama, may be enrolled and transferred to the Teachers' Retirement
System of Alabama by their employer with all credits as have been established in the Employees'
Retirement System of Alabama. (b) Upon enrollment and transfer to the Teachers' Retirement
System of Alabama, such employee shall be deemed to be a "teacher" under the teachers'
retirement law and shall make contributions as all other teachers and shall receive...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-10.htm - 5K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.03.htm - 11K - Match Info - Similar pages
36-27-5.1
Section 36-27-5.1 Participation of employees of regional or local legislative delegation
office. (a) Any person who is employed full-time by a regional or local legislative delegation
office shall be deemed to be an "employee" of the State of Alabama, as defined in
Section 36-27-1. From the date he assumes his duties, any such person shall be deemed
to be a "member" of the state Employees' Retirement System, as defined in Section
36-27-4; provided, that the required contributions are made to the system. (b) Any person
serving as of October 1, 1991, shall be entitled to receive credit toward his retirement allowance
for any service previously rendered as an employee of a regional or local legislative delegation
office, and any person employed by such offices thereafter shall become a member of the Employees'
Retirement System as a condition of employment. If he elects to do so, he may notify the Board
of Control of the Employees' Retirement System of his intention to claim such credit...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-5.1.htm - 2K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.120.htm - 13K - Match Info - Similar pages
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
45-8A-22.118
Section 45-8A-22.118 Maximum benefits; limitations; adjustments. (a) Annual Benefit
and Final Regulations Under Internal Revenue Code Section 415. (1) Annual Benefit.
For purposes of this section, "annual benefit" means the benefit payable
annually under the terms of the plan, exclusive of any benefit not required to be considered
for purposes of applying the limitations of Internal Revenue Code Section 415 to the
plan, in the form of a straight life annuity with no ancillary benefits. If the benefit is
payable in any other form, the annual benefit shall be adjusted to the equivalent of a straight
life annuity pursuant to subsection (c). (2) Final Regulations Under Internal Revenue Code
Section 415. Notwithstanding anything in this section to the contrary, the following
provisions apply beginning on or after January 1, 1976, except as otherwise provided in this
section. a. Incorporation by Reference. The limitations, adjustments, and other requirements
prescribed in the plan shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-22.118.htm - 30K - Match Info - Similar pages
25-4-51
Section 25-4-51 Rates of contributions, etc., by employers. (a) Contributions. Except
as hereinafter provided and subject to the provisions of Section 25-4-54, every employer
shall pay contributions, or payments in lieu of contributions, equal to the percentages of
wages payable or paid as hereinafter set out, with respect to employment by him. (1) With
respect to employment during calendar years after December 31, 1975, every employer who has
been liable to the provisions of this chapter during a period of time sufficient to have his
rate of contribution determined under the experience rating provisions of Section 25-4-54
shall pay contributions at the rate prescribed thereby. (2) With respect to employment after
December 31, 1975, every employer who has not been liable to the provisions of this chapter
for a sufficient length of time to have his rate determined under the experience rating provisions
of Section 25-4-54 shall pay contributions at the rate of 2.70 percent of such wages...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-4-51.htm - 33K - Match Info - Similar pages
16-6D-9
Section 16-6D-9 Tax credit claims; administrative accountability; verification of requirements;
rules and procedures. (a)(1) An individual taxpayer who files a state income tax return and
is not claimed as a dependent of another taxpayer, a taxpayer subject to the corporate income
tax levied by Chapter 18 of Title 40, an Alabama S corporation as defined in Section
40-18-160, or a Subchapter K entity as defined in Section 40-18-1 may claim a credit
for a contribution made to a scholarship granting organization. If the credit is claimed by
an Alabama S corporation or Subchapter K entity, the credit shall pass through to and may
be claimed by any taxpayer eligible to claim a credit under this subdivision who is a shareholder,
partner, or member thereof, based on the taxpayer's pro rata or distributive share, respectively,
of the credit. (2) The tax credit may be claimed by an individual taxpayer or a married couple
filing jointly in an amount equal to 100 percent of the total...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-6D-9.htm - 24K - Match Info - Similar pages
38-9B-5
Section 38-9B-5 AFT Corporation, Trust, and Charitable Trust. THIS SECTION WAS
AMENDED BY ACT 2018-36 IN THE 2018 REGULAR SESSION, EFFECTIVE JANUARY 31, 2018. THIS IS NOT
IN THE CURRENT CODE SUPPLEMENT. (a) The board of trustees shall establish and administer the
AFT Corporation. The board of trustees shall execute all documents necessary to establish
and administer the AFT Corporation including, but not limited to, documents to form a not-for-profit
corporation and to qualify as an organization pursuant to Section 501(c)(3) of the
United States Internal Revenue Code. (b) The AFT Corporation shall establish the AFT Trust
and the AFT Charitable Trust, and the board of trustees shall administer the AFT Trust and
the AFT Charitable Trust through the AFT Corporation. The board of trustees and the AFT Corporation
shall take all steps necessary to satisfy all federal and state laws, and all regulations,
rules, and policies established by the federal Social Security Administration to ensure...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/38-9B-5.htm - 10K - Match Info - Similar pages
37-11-1
Section 37-11-1 Execution and text of compact. The Governor, on behalf of this state,
is hereby authorized to execute a compact in substantially the following form with the states
of Louisiana and Mississippi, and the legislature hereby signifies in advance its approval
and ratification of such compact, which compact is as follows: Southern High-Speed Rail Commission.
Article I. The purpose of this compact is to study the feasibility of rapid rail transit service
between the states of Mississippi, Louisiana and Alabama and to establish a joint interstate
commission to assist in this effort. Article II. This compact shall become effective immediately
as to the states ratifying it whenever the states of Mississippi, Louisiana and Alabama have
ratified it and Congress has given consent thereto. Any state not mentioned in this article
which is contiguous with any member state may become a party to this compact, subject to approval
by the legislature of each of the member states. Article...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11-1.htm - 5K - Match Info - Similar pages
|