36-27-56.1
Section 36-27-56.1 Purchase of credit for prior service as county solicitor. (a) Any vested
member of any component system or fund of the Employees' Retirement System may claim and purchase
up to three years' credit in his or her system or fund for up to three years of prior service
which he or she rendered to any county government as a county solicitor. (b) Any vested member
eligible to claim and purchase credit for prior service as a county solicitor under subsection
(a), shall be awarded credit under the appropriate system or fund provided he or she pays
into his or her respective retirement system or fund prior to the member's date of retirement,
a sum of money equal to a percentage of the member's highest annual compensation or final
average salary during the period of prior service, whichever is higher; the applicable percentage
of the highest annual compensation or the final average salary, whichever is higher, shall
be the sum of the prevailing percentage rates of employer and...
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16-25-13.2
Section 16-25-13.2 Purchase of credit for prior service at Walker College. (a) Any active and
contributing member of the Teachers' Retirement System of Alabama, who prior to July 31, 1995,
was a regular employee of Walker College, may claim and purchase prior service credit, not
to exceed five years, for that prior service. Contributing members have one year from July
31, 1995, to make a lump sum payment in order to gain credit for up to five years of eligible
service at Walker College. (b) Any person eligible under subsection (a) to claim and purchase
credit for prior service shall be awarded credit for the service under the Teachers' Retirement
System of Alabama if he or she complies with each of the following requirements: (1) The person
provides certification to the Teachers' Retirement System no later than 60 days before the
date of his or her retirement, as to the time of service and salary for each period of claimed
service. The certification shall be made by the employing...
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36-27-55
Section 36-27-55 Purchase of prior service credit by certain members with prior service in
Office of Agriculture Economics at Auburn University; cost; termination date. (a) Any acting
and contributing member of either the Teachers' or the Employees' Retirement System may elect
to purchase prior service credit for any full time employment he or she had in the Office
of Agriculture Economics at Auburn University, provided such person complies with the following
conditions prescribed in this section. (b) Any member eligible to claim and purchase such
credit for service under subsection (a) of this section shall be awarded creditable service
under either the Teachers' or the Employees' Retirement System, as the case may be, provided
he or she shall pay into his or her retirement system or fund, prior to said member's date
of retirement and prior to October 1, 1991, a sum equal to a percentage of his or her current
annual earnable compensation, or average final compensation, whichever is...
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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...
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45-37A-51.196
Section 45-37A-51.196 Retirees of firefighters' and police officers' supplemental pension system.
In the event of the retirement of a police officer or a firefighter from a supplemental pension
system, as established by Subpart 1, with 20 or more but less than 30 years of credited service
under the system, this system shall receive from the supplemental pension system the monthly
payments required to be paid from the system to this system from the police officer or firefighter's
retirement date thereunder until the date he or she would have been entitled to retire under
this system with 30 years of credited service had such police officer or firefighter continued
to serve without retiring and without interruption as a participant in this system. The city
shall then match the contributions from its general fund or other appropriate funds making
the matching contributions to the fund within 30 days from the date of receipt of those funds
which are to be matched. (Act 2006-339, p. 851,...
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45-37A-51.224
Section 45-37A-51.224 Involuntary retirement. (a) In the event a participant shall be involuntarily
retired after having completed 20 or more years of credited service prior to attaining the
age of 60 years, such participant shall be entitled to a monthly retirement benefit equal
to the product of the final average salary multiplied by the applicable percentage rate determined
at the date of termination, multiplied by such participant's years of credited service. Should
the participant be involuntarily retired prior to attaining age 60 his or her entitlement
to the monthly retirement benefit, at this retirement date, shall additionally require that
within 60 days of the involuntary retirement the agency governing tenure of service of city
employees certify in writing to the board that such employee has not contributed by his or
her own fault or misconduct to the separation from service. Should such certification not
be made within the prescribed time, the monthly retirement benefit...
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41-7A-3
Section 41-7A-3 Purchase of prior service credit for time in Employees' Retirement System.
If the director or a classified employee of the Alabama Film Office has previously served
as an independent contractor of the Alabama Film Office, and desires to purchase prior service
credit for time in the Employees' Retirement System after becoming an active and contributing
member of the retirement system under this chapter, he or she shall pay to the Secretary-Treasurer
of the Retirement System in a lump sum within five years from August 9, 1995, the full cost
of the employer and employee contributions necessary to purchase the prior service credit
as determined by the actuary for the retirement system based on the current compensation or
final average compensation of the employee, whichever is greater. (Acts 1995, No. 95-785,
p. 1871, §3.)...
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45-49A-63.60
Section 45-49A-63.60 Retirement. (a) Except as provided in Section 45-49A-63.66, a member who
first became a uniformed officer prior to March 28, 1990, and who terminates his or her employment
as a uniformed officer on or after he or she has 20 years of service, the last 10 years of
service being without a break in service exceeding one year, shall have a nonforfeitable right
to receive an annual benefit beginning on the first day following the later of his or her
termination of employment as a uniformed officer or his or her 50th birthday. His or her annual
benefit shall be equal to two and one-half percent of his or her final average salary multiplied
by his or her years of service, but shall not be less than 50 percent, nor more than 75 percent,
of his or her final average salary. (b) Except as provided in Section 45-49A-63.66, a member
who first became a uniformed officer on or after March 28, 1990, and who terminates his or
her employment as a uniformed officer on or after he or...
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36-21-69
Section 36-21-69 Receipt of service credit for military service, etc. Any peace officer who
becomes a member of the fund and who left his work as a peace officer and entered directly
into the armed forces of the United States and who returned to work as a peace officer within
six months after he ceased to serve in the armed forces shall receive prior service credit
for such service in the armed forces, not to exceed five years. Any member who, in the determination
of the board, is a member in good standing of the fund and who is drafted directly into any
branch of the armed forces of the United States from his work as a peace officer and does
not withdraw his fees shall not be required to pay any fees to the fund during his period
of service in the armed forces and shall receive membership service credit for such service
in the armed forces, not to exceed five years; provided, that he shall return to work as a
peace officer within six months after he ceased to serve in the armed...
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36-27-54
Section 36-27-54 Purchase of credit by certain employees of Alabama State Docks Terminal Railway;
waiver of federal railroad retirement benefits; termination date. (a) Any law to the contrary
notwithstanding, any member of the Employees' Retirement System of Alabama who has 10 or more
years of creditable service in the Employees' Retirement System of Alabama immediately prior
to October 1, 1990 and who is employed by the State of Alabama at the time this bill becomes
law, may hereby claim and purchase credit within the Employees' Retirement System of Alabama
for all the time which such member has served as an employee of the Alabama State Docks and
was paid through the Alabama State Docks Terminal Railway payroll and for which he is not
otherwise eligible for credit in the Employees' Retirement System or any other retirement
plan funded in whole or in part by the state except under the United States Social Security
Act. (b) Any member eligible to claim and purchase such credit for...
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