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45-49A-63.104
Section 45-49A-63.104 City contributions. (a) The city shall contribute to the fund an amount
equal to the excess, if any, of (i) the annual actuarial cost for the plan determined as of
each October 1 over (ii) all amounts contributed to the fund under Sections 45-49A-63.100,
45-49A63.101, and 45-49A63.102 during the plan year beginning on the date the annual actuarial
cost is determined. The city's contribution under this section shall be paid to the fund no
later than 18 months following the date as of which such annual actuarial cost is determined.
(b) The city may make such additional contributions to the fund as it deems advisable to insure
the fiscal integrity of the fund. (c) For purposes of this section, annual actuarial cost
means the annual cost of the plan as determined by the enrolled actuary, as defined in Section
7701(a)(35) of the code, designated by the board using reasonable actuarial assumptions and
methods which would meet the requirements of Section 412 of the code,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49A-63.104.htm - 2K - Match Info - Similar pages
45-37-123.135
Section 45-37-123.135 Annual benefit attributable to mandatory employee contributions. (a)
Effective for limitation years beginning on and after December 31, 2001, in the case of mandatory
employee contributions as defined in § 411(c)(2)(C), Internal Revenue Code, and Treasury
Regulation § 1.411(c)-1(c)(4), or contributions that would be mandatory employee contributions
if § 411, Internal Revenue Code, applied to the plan, the annual benefit attributable to
such mandatory employee contributions is determined by applying the factors applicable to
mandatory employee contributions as described in § 411(c)(2)(B) and (C), Internal Revenue
Code, and regulations promulgated under § 411, Internal Revenue Code, to those contributions
to determine the amount of a straight life annuity commencing at the annuity starting date,
regardless of whether the requirements of § 411 and § 417, Internal Revenue Code, apply.
(b) For purposes of applying such factors to the plan, the applicable...
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45-29-90.18
Section 45-29-90.18 Monetary contributions by county and municipalities. Fayette County and
the municipalities therein are hereby authorized and empowered to contribute to the authority
any amount or amounts of money, either with or without consideration therefor, that their
respective governing bodies, acting in their sole discretion without the necessity of authorization
at any election of qualified electors, shall approve to be paid from the general fund of the
county or municipality. The governing bodies of Fayette County or the municipalities are hereby
empowered to levy and collect ad valorem taxes within constitutional limits for such purposes,
which are hereby declared to be for municipal and county public purposes. (Act 91-277, p.
517, §19.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-29-90.18.htm - 1K - Match Info - Similar pages
12-18-156
Section 12-18-156 Payments from plan; optional allowances; replacement beneficiaries. (a) Should
a member cease to be a judge or clerk except by death or by retirement under the provisions
of this article, the contributions standing to the credit of his or her individual account
in the fund shall be paid to him or her upon demand and, in addition to such payment, there
shall be paid five-tenths of the interest accumulations standing to the credit of his or her
individual account if he or she shall have not less than three but less than 16 years of membership
service, six-tenths of such interest accumulations if he or she shall have not less than 16
but less than 21 years of membership service, seven-tenths of such interest accumulations
if he or she shall have not less than 21 but less than 26 years of membership service and
eight-tenths of such interest accumulations if he or she shall have not less than 26 years
of membership service. (b) In case of the death of a member eligible for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-18-156.htm - 6K - Match Info - Similar pages
36-29-7
Section 36-29-7 Payment of employer's contribution; coverage for dependents; changes to contributions;
withholding of employee's contribution; State Employees' Insurance Fund. (a) The board is
hereby authorized to provide under the provisions of this chapter that the employer's contribution
to the cost of such plan for coverage of the employee and retiree shall be paid by the employer.
(b) Each employee and retiree shall be entitled to have his or her spouse and dependent children,
as defined by the rules and regulations of the board, included in the coverage provided upon
agreeing to pay the employee's contribution of the health insurance premium for such dependents.
The board shall adopt regulations governing the discontinuance and resumption by such employees
and retirees of coverage for dependents. (c) Subject to Section 36-29-19.3, any further changes
in employee or retiree contribution to the health insurance premium or other out-of-pocket
expenses including, but not limited to,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-29-7.htm - 3K - Match Info - Similar pages
45-37A-51.02
Section 45-37A-51.02 Pension system established; payment of employee contributions. (a) There
is established in and for the city a pension system which shall be known as the Firemen's
and Policemen's Supplemental Pension System. For the purpose of brevity the system will at
times hereinafter be referred to as the supplemental pension system. (b) Any other provision
of law notwithstanding, the City of Birmingham, as the employer, is authorized to enter into
agreements with the members of the Firemen's and Policemen's Supplemental Pension System to
adjust wages or salaries and to pay an employee's required contributions to the fund. All
agreements under this section shall conform to applicable federal income tax laws, rules,
and regulations. (c) Any other provision of law notwithstanding, the City of Birmingham, as
the employer, may adopt a program and plan amendments relating to the employee members of
the Firemen's and Policemen's Supplemental Pension System meeting the requirements of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.02.htm - 1K - Match Info - Similar pages
12-17-227.3
Section 12-17-227.3 (Effective November 8, 2016, subject to contingencies) Transfer of membership
service and accumulated contributions. (a) Any active and contributing member of the District
Attorneys' Plan who, not more than one year prior to becoming a member of the plan was a member
of the Employees' Retirement System of Alabama or the Teachers' Retirement System of Alabama,
may elect to transfer his or her membership service and accumulated contributions in the Employees'
Retirement System or the Teachers' Retirement System to the District Attorneys' Plan. (b)
Any active and contributing member desiring to transfer any membership service and accumulated
contributions under subsection (a) shall notify the Board of Control of the Employees' Retirement
System of his or her election to transfer membership service and shall authorize the transfer
of the amount of his or her accumulated contributions to his or her credit in the Employees'
Retirement System or Teachers' Retirement System...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-17-227.3.htm - 2K - Match Info - Similar pages
12-18-153
Section 12-18-153 (Effective November 8, 2016, subject to contingencies) Transfer of membership
service and accumulated contributions. (a) Any active and contributing member of the Judges'
and Clerks' Plan who, not more than one year prior to becoming a member of the plan was a
member of the Employees' Retirement System of Alabama or the Teachers' Retirement System of
Alabama, may elect to transfer his or her membership service and accumulated contributions
in the Employees' Retirement System or the Teachers' Retirement System to the Judges' and
Clerks' Plan. (b) Any active and contributing member desiring to transfer any membership service
and accumulated contributions under subsection (a) shall notify the Board of Control of the
Employees' Retirement System of his or her election to transfer membership service and shall
authorize the transfer of the amount of his or her accumulated contributions to his or her
credit in the Employees' Retirement System or Teachers' Retirement System...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-18-153.htm - 2K - Match Info - Similar pages
36-26-121
Section 36-26-121 Annual itemized statement of employee and retirement benefits, and total
employer contributions to retirement systems and health insurance plans. (a) As used in this
article, the following words have the following meanings: (1) EMPLOYEE BENEFIT. Any benefit
a public employee received or accrued from his or her employer, including, but not limited
to, salary or wages; insurance; allowance for days off such as vacation, holidays, sick leave,
or personal days; and contributions toward retirement or pension benefits. (2) HEALTH INSURANCE
PLAN. Either of the following health insurance plans as it applies to an individual public
employee or retiree: a. The State Employees' Health Insurance Plan. b. The Public Education
Employees' Health Insurance Plan. (3) RETIREE. A retiree or a beneficiary of a deceased retiree
who receives an employee benefit or pension benefit from a retirement system, as defined in
this section. (4) RETIREMENT SYSTEM. One of the following as it applies...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-26-121.htm - 4K - Match Info - Similar pages
45-28-70
Section 45-28-70 Single-member district county governing body. (a) The intent of this section
is to implement, by local act for Etowah County, the Joint Remedy Proposal in the court order
dated January 30, 1995, and related orders, in Civil Action No. 89-T-459-E, in the United
States District Court for the Middle District of Alabama, Eastern Division, in the case of
Presley, et al. v. Etowah County Commission. (b) There is created and established in and for
Etowah County, a single-member district governing body, which shall replace the existing governing
body to the extent there is a conflict with existing laws relating to Etowah County. The Etowah
County Commission shall be composed of six members, elected from single-member districts one
through six inclusive, which districts are described in the Joint Remedy Proposal made a part
of the court order dated January 30, 1995, and related orders, in Civil Action No. 89-T-459-E
in the United States District Court for the Middle District of...
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