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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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11-43-86
Section 11-43-86 Compensation of mayor, etc., of Class 1 municipality; mayor authorized
to attend certain meetings, etc.; applicability of section. (a) The mayor or other
chief executive officer of any Class 1 city shall be paid, in addition to the compensation
provided by law for the office, the additional sum of $1,833.33 per month, payable in advance
on the first day of each month as an allowance for expenses incident to the office of mayor,
for which the mayor shall not be required to file an accounting. (b) All other provisions
of law notwithstanding, the mayor may elect in writing to have the expense allowances authorized
by subsection (a) and by subsection (a) of Section 11-43-7.1 treated as subject to
withholding of any employee contribution required to be paid into the trust fund provided
under any pension or retirement system in which the mayor is eligible to participate. The
mayor may also elect in writing within 90 days of October 9, 1992 to pay into the pension
or...
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45-37-123.20
Section 45-37-123.20 Powers and responsibilities of the county. (a) Provisions of records.
The county shall provide all records and documents necessary to determine an employee's status
and eligibility for membership in the plan, upon which a service record shall be created.
(b) Contributions. The county shall contribute an amount equal to six percent of an employee's
compensation from the county's general assets to the trust fund, as provided in Section
45-37-123.80. The county also shall withhold six percent of an employee's compensation each
pay period as provided in Section 45-37-123.82. The county also shall contribute any
amounts received pursuant to Section 45-37-233, attributable to pistol permits. These
funds shall be given to the county treasurer for deposit into the trust fund. Additionally,
the county may pay into the trust fund from the general funds of the county, in such installments
or times as the county may elect, an amount or amounts sufficient to assure that the...
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45-37A-51.302
Section 45-37A-51.302 Civic center. (a) For the purpose of the application of the system
to the extent herein provided, and for that purpose only, and except as may be otherwise or
differently provided herein, the employment by the civic center of employee members shall
be deemed constructively employment by the city during all of their time in the service of
the civic center after the adoption of this section, with like effect as though the
employee members, while working for the civic center, were actually working as employees of
the city, subject to this pension system. This section shall not apply unless all of
the conditions hereinafter specified are met. (1) This section shall not apply to any
employee member unless within 30 days after he or she leaves the service of the city he or
she is employed by the civic center on a salary payable at regular specified intervals; any
person employed by the civic center on a part time basis before he or she leaves, or when
he or she leaves,...
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16-25-11.21
Section 16-25-11.21 Purchase of credit for prior service to certain institutions of
higher education. (a) Any active, vested, and contributing member of the Teachers' Retirement
System who has been employed in public education for a minimum of 10 years may claim and purchase
service credit in the system not to exceed five years for prior service between 1974 and 1989
rendered to an educational institution of higher education that receives direct appropriations
from the Education Trust Fund but does not participate in the Teachers' Retirement System.
The certification of prior service claimed under this section shall conform to applicable
administrative rules and procedures of the Teachers' Retirement System. Members shall receive
credit for the prior service when they remit to the system the contributions required by subsection
(b). No member shall receive credit for any service for which the member is already credited
within the system or any public retirement plan, with the exception...
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19-3B-1304
Section 19-3B-1304 Trusts for employees or self-employed persons. (a) A trust of real
or personal property or real and personal property combined: (1) which is created by an employer
as part of a stock bonus plan, pension plan, disability or death benefit plan, or profit-sharing
plan, for the exclusive benefit of some or all his or her employees, to which contributions
are made by such employer or employees, or both, for the purpose of distribution to such employees
the earnings of the principal, or both earnings and principal of the fund so held in trust;
or (2) which is created by a self-employed person or group of self-employed persons and: a.
which is part of a retirement, disability, or death benefit plan for such self-employed person
or persons; and b. contributions to which are deductible, in whole or in part, from gross
income for federal income tax purposes under the internal revenue laws of the United States;
or (3) which is created for the collective investment of the funds...
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45-37-123.100
Section 45-37-123.100 Retirement benefits. (a) Superannuation retirement benefit. (1)
ELIGIBILITY. A member shall be eligible for a superannuation retirement benefit if: a. The
member has 30 or more years of paid membership time, regardless of age; b. The member has
10 or more years of paid membership time and has attained the age of 60; or c. The member
has 30 years of service, 20 years of which are paid membership time, and has attained the
age of 55. (2) CALCULATION OF BENEFIT. If a member meets the foregoing eligibility criteria,
then the member shall be eligible to retire and receive a monthly benefit for the remainder
of his or her life to be determined by the following formula: a. Two and one-half percent
multiplied by the basic average salary multiplied by the number of years of paid membership
time; plus b. Five-eights of one percent multiplied by the basic average salary multiplied
by the number of years of unpaid membership time, if applicable. (3) SEVENTY-FIVE PERCENT...
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36-27-1
Section 36-27-1 Definitions. When used in this article, the following terms shall have
the following meanings, respectively, unless the context clearly indicates otherwise: (1)
RETIREMENT SYSTEM. The Employees' Retirement System of Alabama as defined in Section
36-27-2. (2) EMPLOYEE. Any regular employee of the State of Alabama whose salary is paid by
state warrant by the state, except a member of the Legislature of the state, a person who
is covered or eligible to be covered under the Teachers' Retirement System of Alabama or any
other retirement system to which contributions are made by the state, an elective official
of the state government, and a temporary employee or person engaged under retainer or special
agreement. In all cases of doubt the Board of Control shall determine who is an employee within
the meaning of this article. The term shall include any regular employee of the Alabama state
hospitals and Partlow State School and Hospital and the Alabama State Port Authority,...
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45-37-123.53
Section 45-37-123.53 Conversion of unpaid membership time to paid membership time. (a)
Commission-authorized conversions. The commission, from time to time, may authorize members
of the system to convert unpaid membership time to paid membership time if it determines that
such conversion is in the public interest. Unpaid membership time may be converted to paid
membership time only when specifically authorized by the commission, and as set forth below:
(b) Pension board authorized conversions. The pension board, from time to time, may authorize
members of the system to convert unpaid membership time to paid membership time if it determines
that the conversion is in the best interest of the system. The conversion shall be conducted
as set forth below. (1) ACTUARIAL STUDY AND CALCULATIONS. Before an opportunity to convert
unpaid membership time to paid membership time shall be made available to any members, the
pension board shall cause and the county shall pay for an actuarial...
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45-37A-51.162
Section 45-37A-51.162 Elected officials, appointed employees, and employees in the unclassified
service. (a) Elected officials. (1) Each officer shall be eligible to become a member of the
system by exercising the option hereby given in the manner and within the time provided for
in this subsection and not thereafter. (2) Any person who is an officer may exercise such
option within 90 days from the date upon which such person shall officially take office. (3)
An officer desiring to become a member under this subsection shall deliver to the city director
of finance, within the time above specified, a signed statement reciting that the officer
elects to become a member of the system. The election thus made shall be irrevocable. After
electing to become a member, an officer shall be subject to all burdens and entitled to all
rights attached to membership in the system, including the subjection of the officer to salary
deductions and entitlement to contributions by the city on his or her...
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