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45-8A-22.101
Section 45-8A-22.101 Retirement board membership; secretary-treasurer. (a) Retirement
Board. (1) The retirement board shall be composed of five members: a. One member shall be
elected by the retirees and surviving spouses of retirees of the plan. b. One member shall
be a member of the City of Anniston Fire Department ("fire department") elected
by the members of the fire department. c. One member shall be a member of the City of Anniston
Police Department ("police department") elected by the members of the police department.
d. One member shall be the City of Anniston Finance Director. e. One member shall be appointed
by the City Council of the City of Anniston and such member shall be a qualified elector in
the City of Anniston and shall not be an individual who is a member or the spouse, child,
parent, sibling, or in-law of a member currently represented on the retirement board. (2)
The member elected by the retirees and surviving spouses of retirees of the plan, the member
elected...
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37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state,
shall execute a compact, in substantially the following form, with the State of Mississippi,
and the Legislature approves and ratifies the compact in the form substantially as follows:
Northeast Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states
solemnly agree: Article I. The purpose of this compact is to promote and develop trade, commerce,
industry, and employment opportunities for the public good and welfare in northeast Mississippi
and northwest Alabama through the establishment of a joint interstate authority to acquire
certain railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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36-27-23
Section 36-27-23 Board of Control; medical board, actuary. (a) The general administration
and responsibility for the proper operation of the retirement system and for making effective
the provisions of this article are hereby vested in a board of trustees which shall be known
as the Board of Control. (b) The board shall consist of 13 trustees as follows: (1) The Governor,
ex officio, who shall be chairman. (2) The State Treasurer, ex officio. (3) The State Personnel
Director, ex officio. (4) The Director of Finance, ex officio. (5) Three members of the retirement
system, to be appointed by the Governor, no two of whom shall be from the same department
of the state government nor from any department of which an ex officio trustee is the head.
The state employees appointed pursuant to this section shall be Merit System employees
with at least ten years of creditable state service and shall not be a department head or
an assistant department head. The terms of office of the three members...
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45-28A-42.55
Section 45-28A-42.55 Composition of retirement fund; investment. (a) The policemen's
and firemen's retirement fund shall consist of the following: (1) All of the money, securities,
and things of value belonging to any similar fund that may now or hereafter be maintained
in the City of Gadsden. (2) All monies or properties that may be given or donated to the fund
by any persons, firm, association, or corporation for the uses and purposes for which the
fund is created; and the board may take, by gift, grant, devise, or bequest, any money, personal
property, real estate, or any interest therein, or any right of property, for the benefit
of the fund. (3) All reward money paid to any member of the police and fire departments of
the city shall be paid by the recipients of the same into the retirement fund promptly upon
receipt of the same. (4) All civil or criminal witness fees received by any member of the
police and fire departments for attendance at or before any court or grand jury in...
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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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45-28A-42.54
Section 45-28A-42.54 Management and control of retirement fund. (a) The board of trustees
of the policemen's and firemen's retirement fund is hereby declared to be the trustee of the
policemen's and firemen's retirement fund and shall have the exclusive management and control
thereof, and all matters legitimately connected therewith. The board of trustees shall have
the power to recommend such rules and regulations as may be necessary to enable it to effectively
and properly to carry into execution the purposes for which it was organized and created,
and to enable it properly to manage and conduct the business entrusted to it, provided such
rules and regulations shall in no way contravene this subpart; and provided further that such
rules and regulations so recommended shall not become effective until written notice of such
recommendations is posted in all police and fire stations of the city, and after 10 days'
notice thereof, an election is held in each of the departments, in which...
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36-27-59
Section 36-27-59 Award of hazardous duty time; purchase of credit under Employees' or
Teachers' Retirement System. (a) When used in this section, the following terms shall
have the following meanings, unless the context clearly indicates otherwise: (1) CORRECTIONAL
OFFICER. A full-time correctional officer who is certified as a correctional officer by the
Alabama Peace Officers' Standards and Training Commission. (2) FIREFIGHTER. A full-time firefighter
employed with the State of Alabama, a municipal fire department, or a fire district who has
a level one minimum standard certification by the Firefighters Personnel Standards and Education
Commission, or a firefighter employed by the Alabama Forestry Commission who has been certified
by the State Forester as having met the wild land firefighter training standard of the National
Wildfire Coordinating Group. (3) LAW ENFORCEMENT OFFICER. A full-time law enforcement officer,
not covered as a state policeman, employed with any state agency,...
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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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45-28A-42.53
Section 45-28A-42.53 Secretary-treasurer; custodial care of the retirement fund. (a)
The board of trustees, if it so elects, and with the approval of the governing body of the
city, shall have the power and authority to appoint a secretary-treasurer of the board who
shall serve at the pleasure of the board and who shall receive a compensation for his or her
services the sum of seventy-five dollars ($75) per month or such other amount of compensation
as the board of trustees shall provide by majority vote and shall be approved by the governing
body of the city, to be paid on the first day of each month by warrant drawn in like manner
as other warrants on such fund. The secretary-treasurer of the board of trustees is hereby
made, and it shall be his or her duty to be the custodian of all monies belonging to the policemen's
and firemen's retirement fund, and all monies belonging to such fund, and all money or other
property belonging to such fund, and all money or other property belonging...
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45-28A-42.52
Section 45-28A-42.52 Composition; compensation. The board of trustees of the policemen's
and firemen's retirement fund shall be composed of seven members consisting of the chief of
the police department, the chief of the fire department, a retired police officer, a retired
member of the fire department, a police officer, a member of the fire department, and a person
with financial or investment experience appointed by the Mayor of Gadsden and subject to the
approval of the Gadsden City Council. All persons appointed shall serve for four-year terms.
The board shall elect its own chair from its membership. The chair shall serve a two-year
term and shall serve until a successor is elected. The board members shall serve without compensation.
(Act 80-442, p. 674, §3; Act 96-414, p. 521, §1.)...
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