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16-25C-2
Section 16-25C-2 Definitions. As used in this chapter, the following terms have the following
meanings: (1) BOARD. The Board of Control of the Public Education Employees' Defined Contribution
Savings Fund. (2) ELIGIBLE EMPLOYER. An employer or other entity who compensates a participant
for the public service. (3) FUND. The Public Education Employees' Defined Contribution Savings
Fund. (4) PARTICIPANT. A person who elects to participate in the fund who makes voluntary
employee contributions into a 457 deferred compensation plan or a 403(b) tax sheltered annuity
plan and who is a member of the Teachers' Retirement System. (Act 2001-704, p. 1562, §2.)...
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36-27-8
Section 36-27-8 Continuation, etc., of participation in system by employee covered or retired
under system who becomes director or employee of department; payment of matching contribution
by department. (a) Any person who is an employee or retired employee of the State of Alabama
and covered or retired under the provisions of the state Employees' Retirement System and
who becomes the director or employee of any department may elect to continue or resume his
participation in the state Employees' Retirement System. (b) Each department of the state
is hereby authorized to pay out of any funds in the State Treasury to the credit of said department
such sums as are necessary to match any contributions made to the state Employees' Retirement
System by any past, present or future departmental director or employee under the provisions
of this section. (c) The Board of Control of the state Employees' Retirement System shall
make such rules and regulations as might be necessary to carry out the...
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11-88-132
Section 11-88-132 Acquisition, etc., of water system of water and fire protection authority
by city board of water and sewer commissioners - Conveyance of funds in trust for authority's
fire protection system; governing board of authority as trustees; trustees' powers and liabilities.
(a) In the event that the board of water and sewer commissioners of any city ("commissioners")
should acquire, operate, or control by virtue of assignment, conveyance, court order, operation
of law, or otherwise the water system of a water and fire protection authority ("authority"),
then the commissioners shall thereupon convey to the authority the principal sum of $2,000,000
in irrevocable trust for the support and maintenance of the authority's fire protection system.
(b) The trustees of the trust so established shall be the members of the governing board of
the authority, as it may be comprised from time to time, who shall have all powers necessary
to effect the support and maintenance of the...
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16-25-10.9
Section 16-25-10.9 Officers and employees of Tennessee Valley Rehabilitation Center, Inc.;
contributions; creditable service. (a) This section shall apply only to the employees and
executive staff members of the Tennessee Valley Rehabilitation Center, Inc., who were active
and contributing members of the Teachers' Retirement System on August 1, 1994 through John
C. Calhoun Community College. (b) The Board of Directors of the Tennessee Valley Rehabilitation
Center, Inc., may, by resolution legally adopted to conform to the rules prescribed by the
Board of Control of the Teachers' Retirement System, elect to have the full-time employees
and executive staff members as defined in subsection (a), from whatever source and in whatever
manner paid, become eligible to participate in the Teachers' Retirement System, subject to
all rules, regulations, and conditions of the system. (c) When an election is made to join
the Teachers' Retirement System pursuant to subsection (b), the full-time...
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36-21-63
Section 36-21-63 Board of Commissioners of Alabama Peace Officers' Annuity and Benefit Fund
- Quorum; officers generally; executive director; agents and employees; bonding of members
and employees handling funds of board. A majority of the members of the board shall constitute
a quorum sufficient for the transaction of any business, and no business shall be transacted
by the board and no action taken unless a quorum is present. The members of the board shall
elect a chairman of the board and select an executive director, who shall be the chief executive
officer of the board. The chairman of the board shall be a member of the board, but the executive
director need not be a member. The executive director shall serve at the pleasure of the board,
which may employ other agents and employees as the board may deem necessary. Any employees
of the board shall be subject to the Alabama Merit System Act. The executive director shall
be compensated for services in an amount to be fixed by the...
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45-37A-51.190
Section 45-37A-51.190 Participants' contributions. (a) Each participant shall contribute to
the cost of the system, and the city shall deduct from the participant's pay, an amount equal
to not less than six percent nor more than seven percent of actual monthly salary. (b) Should
the city through error, inadvertence, or otherwise, neglect to make proper deduction for the
fund from the salary of any employee member for any payroll period, the employee member shall
be liable to the fund for the amount or amounts that should have been deducted and shall pay
that amount to the custodian on demand. (c) Notwithstanding this section, participants who
are employees of the Jefferson County Department of Health shall contribute six percent to
seven percent of actual pay to the fund. (Act 2006-339, p. 851, Art. V, §1; Act 2011-585,
p. 1289, §2; Act 2017-251, §1.)...
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16-25-10.10
Section 16-25-10.10 Officers and employees of the American Federation of Teachers in Alabama;
contributions; creditable service. (a) The governing body of any local union or state organization
of the American Federation of Teachers may, by resolution legally adopted to conform to the
rules prescribed by the Board of Control of the Teachers' Retirement System, elect to have
its officers and employees, from whatever source and in whatever manner paid, become eligible
to participate in the Teachers' Retirement System subject to all rules, regulations, and conditions
thereof. (b) The governing body of any local union or state organization of the American Federation
of Teachers eligible under subsection (a) to participate in the system, and having made an
election by resolution to participate, may have its employees and officers participate in,
and be entitled to, all benefits of the Teachers' Retirement System, provided that where contributions
are made from salaries paid by a local union...
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16-25-10.3
Section 16-25-10.3 Executive officers and employees of Alabama Vocational Association. (a)
The governing body of the Alabama Vocational Association may, by resolution legally adopted
to conform to the rules prescribed by the Board of Control of the Teachers' Retirement System,
elect to have its executive officers and employees, from whatever source and in whatever manner
paid, become eligible to participate in the Teachers' Retirement System of Alabama, subject
to all rules, regulations and conditions thereof. (b) The governing body of the Alabama Vocational
Association having made an election through a resolution as provided in subsection (a) of
this section, its employees and executive officers may participate in and be entitled to all
benefits of the Teachers' Retirement System of Alabama, provided that where contributions
are made from salaries paid by the Alabama Vocational Association, the Alabama Vocational
Association shall pay the employer costs, calculated as a percentage of...
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16-25-10.7
Section 16-25-10.7 Officers and employees of community action agencies; contributions; creditable
service. (a) Any governing body of any community action agency organized pursuant to Sections
11-80-4.1, 11-96-3 or 11-96-6 may by resolution legally adopted to conform to the rules prescribed
by the Board of Control of the Teachers' Retirement System elect to have its executive officers
and employees from whatever source and in whatever manner paid become eligible to participate
in the Teachers' Retirement System of Alabama subject to all rules, regulations and conditions
thereof. (b) The governing body of any community action agency eligible under subsection (a)
of this section and having made an election by resolution as provided therein, its employees
and executive officers may participate in and be entitled to all benefits of the Teachers'
Retirement System of Alabama, provided that where contributions are made from salaries paid
by a community action agency the agency shall pay the...
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36-27A-5
Section 36-27A-5 Eligibility. The PEIRAF shall be available to all public employees in the
State of Alabama who are members of the Teachers' Retirement System, the Employees' Retirement
System or the Judicial Retirement Fund. In addition, any employee of an employer eligible
to participate in the Employees' Retirement System pursuant to the provisions of Section 36-27-6,
or any public official or employee of the State of Alabama or any political subdivision thereof,
shall be eligible to participate under the provisions of this chapter. Participation in this
fund shall be on a strictly voluntary basis under such rules and regulations as shall be adopted
by the board of control and in accordance with the provisions contained in the Internal Revenue
Code as it relates to individual retirement accounts for public employees. Any person who
shall become ineligible for participation in the PEIRAF due to the termination of his employment
with an eligible employer may leave his contributions on...
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