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...
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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...

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16-25-11
Section 16-25-11 Creditable service. (a) Under such rules and regulations as the Board
of Control shall adopt, each person who was a teacher prior to October 1, 1940, and who under
the provisions of this chapter makes up contributions plus eight percent compound interest
on such contributions for the time said teacher taught as a nonmember and who becomes a member
prior to October 1, 1974, shall file a detailed statement of all service as a teacher rendered
by him prior to October 1, 1940, for which he claims credit. 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 for more than one month's duration, nor shall more than one year of service be creditable
for all service in one calendar year. Service rendered for a regular school year shall be
equivalent to one year's service. Subject to the above restrictions and...
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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...
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45-37A-51.220
Section 45-37A-51.220 Normal retirement benefit. (a) A participant having attained age
60 or older and having completed five or more years of credited service, or having completed
30 or more years of credited service without regard to age, shall be entitled upon his or
her voluntary retirement to a monthly retirement benefit equal to one of the following: (1)
With respect to a retiree who first became a participant on or before the first day of July
after nine years after date of establishment, forty percent of his or her final average salary,
plus one and three thousand three hundred thirty-four thousandths percent (1.3334%) of his
or her final average salary multiplied by his or her years of credited service in excess of
15 years. (2) With respect to a retiree who first becomes a participant subsequent to the
first day of July nine years after date of establishment, and becomes entitled to a normal
retirement benefit and retires on or before July 1, 1990, two percent of his or her...
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45-8A-22.116
Section 45-8A-22.116 Disability benefits. (a) Line of Duty Disability Benefit. (1) Effective
for Disabilities Occurring Before October 1, 2012. a. Participants Hired Before July 1, 2002.
A participant, who was hired by the City of Anniston as a sworn police officer or sworn firefighter
before July 1, 2002, who becomes permanently physically or mentally disabled as a result of
injuries received in the line of duty, rendering his or her retirement from service necessary,
shall be entitled to receive a disability benefit equal to the following: 1. Participants
With At Least Three Years of Service. The participant's disability benefit shall equal three
percent times the average of his or her monthly compensation for the last three years preceding
his or her retirement multiplied by 30. 2. Participants With Less Than Three Years of Service.
The participant's disability benefit shall equal three percent times the average of his or
her monthly compensation for all years of continuous service...
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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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45-37A-51.245
Section 45-37A-51.245 Retroactive deferred retirement option plan. (a) Effective July
1, 2002, a participant who retires at least 90 days following July 1, 2002, who has then completed
at least 23 years of credited service, and who is otherwise entitled to retire and receive
a normal retirement benefit, shall have the opportunity to elect a back drop plan. A participant
eligible for the back drop plan can elect in writing at his or her retirement to retroactively
drop his or her credited service in excess of 20 years, for a period of months not exceeding
36 months immediately preceding the date of retirement, the back drop period; provided that
the beginning of the back drop period may not extend past the earliest date on which the participant
would have qualified for a normal retirement benefit. A participant who is not actively employed
may not make a back drop election. To be effective, a back drop election by a married participant
shall be approved in writing by his or her spouse....
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12-17-227.5
Section 12-17-227.5 (Effective November 8, 2016, subject to contingencies) Disability
retirement allowance. (a) Upon application of an active and contributing member, any such
member who has 10 or more years of membership service who becomes disabled may be retired
on a disability retirement allowance by the Board of Control not less than 30 days nor more
than 90 days next following the date of filing of such application; provided that the medical
board, after a medical examination of such member, shall certify that such individual is totally
and permanently mentally or physically incapacitated from regular and substantial gainful
employment and that such member should be retired. (b) Upon retirement for disability, the
member shall receive a service retirement allowance if he or she has attained age 62; otherwise,
he or she shall receive a disability retirement allowance which shall consist of an annuity,
which shall be the actuarial equivalent of the member's accumulated...
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12-18-59
Section 12-18-59 Judges' disability benefits. Any judge retiring pursuant to subdivision
(1) of subsection (a) of Section 12-18-55 who has served for 10 years shall be entitled
to a disability benefit allowance payable monthly from the Judicial Retirement Fund equal
to 75 percent of the salary payable to the state for the position held at the time of retirement.
A disabled judge who has served less than 10 years shall be entitled to receive a monthly
benefit equal to 25 percent of the salary payable by the state for the position held at the
time of retirement plus 10 percent of such salary for each year of service in excess of five
years; provided, that in no event shall such judge receive less than 30 percent of the annual
salary being paid to a full-time district court judge by the state at the time of his retirement.
(Acts 1975, No. 1205, p. 2384, §4-124.)...
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