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36-27-142
Section 36-27-142 Amount of increase - Persons whose employer participated in the Employees'
Retirement System. Commencing October 1, 1998, each person whose employer participated in
the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective
date of retirement for purposes of receiving benefits from the Employees' Retirement System
is prior to July 1, 1998, and who is receiving a monthly allowance or is eligible to receive
a monthly allowance from the Employees' Retirement System, shall receive a cost-of-living
increase in the amount of one half the amount of the years of service factor and the full
amount (four percent) of the current gross benefit factor of the formula in Section
36-27-140. Retirees who chose Option 2, 3, or 4 shall receive the cost-of-living increase
reduced by the same percentage as the reduction which occurred because of the option selected
unless the designated beneficiary under the option is deceased on July 1, 1998, in which...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-142.htm - 1K - Match Info - Similar pages
36-27-147
Section 36-27-147 Pensioners who retired prior to membership of employer and receiving
benefits not administered by system. Commencing October 1, 1998, any pensioner or annuitant
who retired prior to October 1, 1998, from a city, town, county, or public or quasi-public
organization of the state before the city, town, county, or public or quasi-public organization
of the state became a member of the Employees' Retirement System and is receiving a monthly
benefit not administered by the Employees' Retirement System shall receive a fifty dollar
($50) per month increase provided the city, town, county, or public or quasi-public organization
of the state elects to fund the increase provided the pensioner retired prior to October 1,
1998. (Act 98-272, p. 446, §8.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-147.htm - 1K - Match Info - Similar pages
36-27-157
Section 36-27-157 Pensioners who retired prior to membership of employer and receiving
benefits not administered by system. Commencing October 1, 2000, any pensioner or annuitant
who retired prior to October 1, 2000, from a city, town, county, or public or quasi-public
organization of the state before the city, town, county, or public or quasi-public organization
of the state became a member of the Employees' Retirement System and is receiving a monthly
benefit not administered by the Employees' Retirement System shall receive a twenty-five dollar
($25) per month increase provided the city, town, county, or public or quasi-public organization
of the state elects to fund the increase. (Act 2000-809, p. 1921, § 8.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-157.htm - 1K - Match Info - Similar pages
36-27-200
Section 36-27-200 Amount of increase - Persons other than those whose employer participated
in Employees' Retirement System. (a) Commencing October 1, 2006, each person, except those
whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-6,
36-27-7, and 36-27-7.1, whose effective date of retirement for purposes of receiving benefits
from the Employees' Retirement System is prior to October 1, 2005, and who is receiving or
is entitled to receive a monthly allowance from the Employees' Retirement System, shall receive
the cost-of-living increase of two percent in his or her gross monthly benefit which the Legislature
committed to in Section 14 of Act 2005-316, plus an additional five percent increase
in their gross monthly benefit. The increase shall not be less than twenty-five dollars ($25)
per month. (b) Beneficiaries of deceased members or deceased retirees, except where the deceased
member or deceased retiree retired from an employer participating...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-200.htm - 1K - Match Info - Similar pages
36-27-202
Section 36-27-202 Amount of increase - Persons whose employer participated in Employees'
Retirement System. Commencing October 1, 2006, each person whose employer participated in
the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective
date of retirement for purposes of receiving benefits from the Employees' Retirement System
is prior to October 1, 2005, and who is receiving a monthly allowance or is eligible to receive
a monthly allowance from the Employees' Retirement System, shall receive a cost-of-living
increase as described in Section 36-27-200. Beneficiaries of deceased members or deceased
retirees of employers participating in the Employees' Retirement System pursuant to Sections
36-27-7 and 36-27-7.1, shall receive the cost-of-living increase of two percent in their gross
monthly benefit which the Legislature committed to in Section 14 of Act 2005-316, plus
an additional five percent increase in their gross monthly benefit. The increase...
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45-37A-51.222
Section 45-37A-51.222 Participants vesting. (a) (1) All participants who are participants
before July 1, 2017, shall vest at five years of credited service. (2) Notwithstanding anything
to the contrary contained in this section, all participants who first become participants
on or after July 1, 2017, shall vest at 10 years of credited service. (b) All participants
may purchase previous city, county, and city library time by paying the contribution plus
interest as provided herein. (c) Participants of the city and other participating entities,
except the board of health, upon termination of the employment after five years of actual
service to the city or other employing participating entity, shall have the option to leave
in the system fund all contributions made by the terminated employee and receive a monthly
retirement benefit beginning at age 60 years in an amount equal to a multiplier in the applicable
percentage effective on the date of retirement as set forth in Section...
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36-27-152
Section 36-27-152 Amount of increase - Persons whose employer participated in Employees'
Retirement System. Commencing October 1, 2000, each person whose employer participated in
the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective
date of retirement for purposes of receiving benefits from the Employees' Retirement System
is prior to July 1, 2000, and who is receiving a monthly allowance or is eligible to receive
a monthly allowance from the Employees' Retirement System, shall receive a cost-of-living
increase as described in Section 36-27-150. Beneficiaries of deceased members or deceased
retirees of employers participating in the Employees' Retirement System pursuant to Sections
36-27-7 and 36-27-7.1, shall be entitled to the increase the retiree has attained under the
provisions in Section 36-27-150. No retiree or beneficiary of this class shall receive
a benefit increase of less than twenty-five dollars ($25) per month. (Act 2000-809, p....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-152.htm - 1K - Match Info - Similar pages
36-27-192
Section 36-27-192 Amount of increase - Persons whose employer participated in Employees'
Retirement System. Commencing October 1, 2005, each person whose employer participated in
the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective
date of retirement for purposes of receiving benefits from the Employees' Retirement System
is prior to October 1, 2004, and who is receiving a monthly allowance or is eligible to receive
a monthly allowance from the Employees' Retirement System, shall receive a cost-of-living
increase as described in Section 36-27-190. Beneficiaries of deceased members or deceased
retirees of employers participating in the Employees' Retirement System pursuant to Sections
36-27-7 and 36-27-7.1, shall receive a cost-of-living increase of four percent in their gross
monthly benefit, but not less than fifteen dollars ($15) per month. (Act 2005-316, 1st Sp.
Sess., p. 766, §7.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-192.htm - 1K - Match Info - Similar pages
36-27-94
Section 36-27-94 Amount of increase - Persons other than persons whose employer participated
in Employees' Retirement System; certain beneficiaries. (a) Commencing October 1, 1993, each
person, except those whose employer participated in the Employees' Retirement System pursuant
to Sections 36-27-6, 36-27-7, and 36-27-7.1, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to October 1, 1992, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, shall receive a cost-of-living increase determined by computing the sum of the following
three factors: (1) One and twenty-eight hundredths percent of the individual's current monthly
benefit, including all previous increases. (2) One dollar and twenty-eight cents for each
year of creditable service in covered employment prior to retirement. (3) One dollar and twenty-eight
cents for each year since the effective date of...
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36-29-51
Section 36-29-51 Health reimbursement arrangement. (a) As used in this section,
the term health reimbursement arrangement or HRA means a plan qualifying as a health reimbursement
arrangement as that term is defined under IRS Notice 2002-45 and a medical reimbursement plan
under Sections 105 and 106 of the Internal Revenue Code of 1986, as amended. (b) The State
Employees' Insurance Board may offer a health reimbursement arrangement to eligible active
and retired state employees and their dependents. The terms and conditions of the HRA shall
be established by the board in accordance with federal requirements and limitations. (c) Participants
in the HRA are eligible to receive an employer contribution into the participant's HRA from
the State Employees Insurance Fund in an amount to be determined by the board. Employer contributions
into the participant's HRA shall not constitute compensation to an employee for the purposes
of any statute fixing or limiting the compensation of the...
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