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45-5-241.20
Section 45-5-241.20 Additional ad valorem tax; Water Authority created; referendum. (a) Pursuant
to subsection (f) of Amendment No. 373 to the Constitution of Alabama of 1901, the Blount
County Commission may levy, in addition to any other tax, an ad valorem tax in the amount
of two mills on each dollar of taxable property in the county. The revenue from the additional
tax shall be paid to the Blount County Water Authority Trust Fund, which shall be a separate
fund within the county general fund and shall be used only for the expansion of existing facilities
and service of water authorities in the county. There is created the Blount County Water Authority
which shall administer the fund. The authority shall be composed of one member from each town
council if the town council operates the water department, one member from each water authority,
one member for each water board in existence on May 15, 1992, and one member appointed by
the county commission. All appointees to the authority...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-5-241.20.htm - 1K - Match Info - Similar pages
12-5A-9
Section 12-5A-9 Participation of eligible employees in Employees' Retirement System; creditable
service; formal leave accounting system; inclusion in health insurance plan. (a) Class specifications
and rates of compensation for employees covered by this chapter, juvenile probation officers,
juvenile probation professional staff, and clerical staff, hereafter called "eligible
employees," and any future employees occupying those positions shall be established by
the Administrative Director of Courts. Notwithstanding the foregoing, the compensation of
any employee shall not be diminished as a result of his or her inclusion in the state court
system personnel system. (b) Eligible employees included in the state court system personnel
system pursuant to this chapter shall, on October 1 of the year their county transitions,
be covered by the Employees' Retirement System. An employee who on that date is participating
in a local retirement plan other than a unit administered by the Employees'...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-5A-9.htm - 11K - Match Info - Similar pages
45-37-123.134
Section 45-37-123.134 Purchase of permissive service credit. (a) In general. If a member makes
one or more contributions to the plan to purchase permissive service credit under the plan,
the requirements of § 415, Internal Revenue Code, shall be treated as met with respect to
these contributions if: (1) The requirements of § 415(b), Internal Revenue Code, are met,
determined by treating the accrued benefit derived from all such contributions as an annual
benefit for purposes of § 415(b), Internal Revenue Code, provided, however, the plan shall
not fail to meet the reduced limit under § 415(b)(2)(C), Internal Revenue Code, solely by
reason of this section; or (2) The requirements of § 415(c), Internal Revenue Code, are met,
determined by treating all such contributions as annual additions for purposes of § 415(c),
Internal Revenue Code, provided, however, the plan shall not fail to meet the percentage limitation
under § 415(c)(1)(B), Internal Revenue Code, solely by reason of...
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45-37A-51.01
Section 45-37A-51.01 Purpose. (a) It is the intent of the Legislature that the additional benefits
provided by this subpart shall be payable solely from the fund established by Section 45-37A-51.05,
and that in no event shall any such additional benefit be payable from the fund established
under Act 929. (b)(1) As used in this subsection and subsection (c), these terms have the
meanings here given them. a. THE FUND. The fund that Section 45-37A-51.05 establishes, including
all assets and resources in the fund or to be received by the fund in the future, and all
income in the fund or to be received by the fund in the future. b. OBLIGATIONS OF THE SYSTEM.
All existing, future, or contingent obligations and liabilities of the system, including every
pension, allowance, or benefit which is payable, or which may become payable, out of the fund
to any member of the system, or to any other person on account of such other person's relation
to a member of the system, and also including the...
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45-37A-51.08
Section 45-37A-51.08 Retroactive Deferred Retirement Option Plan. (a) A member who retires
at least 90 days following the effective date of this section, who has then completed at least
26 years, but less than 30 years, of credited service, and who is otherwise entitled to retire
and receive a monthly retirement allowance under the supplemental pension system, shall have
the opportunity to elect a Back DROP plan. A member eligible for the Back DROP plan may elect,
in writing at his or her retirement to retroactively drop his or her credited service in excess
of 23 years, for a period of months not exceeding 36 months immediately preceding the date
of retirement, the Back DROP period. A member who is not actively employed may not make a
Back DROP election to be effective, a Back DROP election by a married member shall be approved
in writing by his or her spouse. (b) Notwithstanding subsection (a) and subsection (d) of
Section 45-37A-51.07 in effect as of the date of the member's...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.08.htm - 4K - Match Info - Similar pages
12-17-227.2
Section 12-17-227.2 (Effective November 8, 2016, subject to contingencies) Scope and applicaton
of plan; contributions. (a) Every district attorney first elected or appointed to his or her
position on or after November 8, 2016 shall come under this division by operation of law.
Each district attorney shall contribute to the fund eight and one-half percent (8.5%) of his
or her annual salary. The percentages shall be deducted by the employer from each district
attorney's salary and paid into the fund in the State Treasury and credited to the individual
account of the district attorney from whose salary it was deducted. (b) On account of each
member there shall be paid monthly by the employer an amount equal to a certain percentage
of the annual salary of each member to be the employer's contribution. The percentage rate
of such contribution shall be fixed for each fiscal year on the basis of the liabilities as
shown by the last annual actuarial valuation, and such percentage rate as...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-17-227.2.htm - 1K - Match Info - Similar pages
27-15-52
Section 27-15-52 Definitions. The following terms shall have the following meanings: (1) COMMERCIALLY
REASONABLE EFFORT. The plans, processes, or procedures necessary to confirm the death of the
insured, contract owner or annuitant, or retained asset account holder against other available
records and information and, as applicable, to locate the beneficiary or beneficiaries or
other person entitled to payment pursuant to the terms of the policy or contract which have
been developed by each insurer and submitted to and approved by the department. (2) CONTRACT.
An annuity contract. The term contract shall not include an annuity used to fund an employment-based
retirement plan or program where the insurer is not committed by terms of the annuity contract
to pay death benefits to the beneficiaries of specific plan participants. (3) DEATH MASTER
FILE. The United States Social Security Administration's Death Master File or any other database
or service that is at least as comprehensive as...
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36-27-194
Section 36-27-194 Pensioners who retired prior to membership of employer in system; beneficiaries.
(a) Commencing October 1, 2005, any retired employee who retired from a city, town, county,
or public or quasi-public organization of the state before the city, town, county, or public
or quasi-public organization of the state became a member of the Employees' Retirement System,
and who is receiving a monthly benefit prior to October 1, 2004, administered by the Employees'
Retirement System may receive an increase in benefits of four percent, except that no pensioner
shall receive an increase of less than fifteen dollars ($15) per month, provided the retired
employee retired prior to October 1, 2004, and the employer decides to come under the provisions
of this article and fund the increase. (b) Commencing October 1, 2005, beneficiaries of Employees'
Retirement System pensioners shall receive an increase of four percent of their gross monthly
benefit, but not less than fifteen dollars...
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36-27-204
Section 36-27-204 Pensioners who retired prior to membership of employer in system; beneficiaries.
(a) Commencing October 1, 2006, any retired employee who retired from a city, town, county,
or public or quasi-public organization of the state before the city, town, county, or public
or quasi-public organization of the state became a member of the Employees' Retirement System,
and who is receiving a monthly benefit prior to October 1, 2005, administered by the Employees'
Retirement System may receive the cost-of-living increase of two percent in his or her gross
monthly benefit which the Legislature committed to in Section 14 of Act 2005-316, plus an
additional five percent increase in his or her gross monthly benefit, except that no pensioner
shall receive an increase of less than twenty-five dollars ($25) per month, provided the retired
employee retired prior to October 1, 2005, and the employer decides to come under this article
and fund the increase. (b) Commencing October 1, 2006,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-204.htm - 1K - Match Info - Similar pages
45-37A-51.12
Section 45-37A-51.12 Refund of contributions for certain participants. It is hereby provided
that the provisions of those sections of Act 929 as amended by Act 1272, 1973 Regular Session
(Acts 1973, p. 2141), hereinafter in this section specified shall apply (except as hereinafter
provided) to the supplemental pension system in the same manner in which the same provisions
of the sections hereinafter specified apply to the general retirement and relief system established
by Act 929. The sections of Act 929 (including any amendments thereof heretofore made) which
shall apply to this supplemental pension system are the following sections of Act 929: Article
VI, Section 16 (entitled Termination of Employment Ineligibility - Return of Contributions);
Section 17 (entitled Payment of Return of Contributions); Section 18 (entitled Designation
of Severance Beneficiary); Article V, Section 6 (entitled Refund of Erroneous Contributions);
Article VII, Section 1 (entitled Liabilities of Employee...
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