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45-8A-22.109
trust. (a) The secretary-treasurer shall receive contributions to the trust that shall consist
of the following: (1) All of the money, securities, things of value, and assets belonging
to any similar fund now being maintained by the City of Anniston. (2) All money or properties
that may be given or donated by any person, firm, association, or corporation for the uses
and purposes for which the trust is created, and the retirement board may take by gift, grant,
devise, or bequest, any money, personal property or real estate, or any interest therein
or any right of property for the benefit of the trust. (3) Participant Contributions. a. Employee
Contributions. Effective prior to October 1, 2002, 10 percent of each participant's monthly
compensation, including overtime and any other pay, which shall be deducted from such compensation
and paid to the secretary-treasurer on or before the tenth day each month next succeeding
the month in which such compensation is earned. b. Pick-Up...
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45-8A-22.116
Disabled. If the participant is determined to be less than 50 percent disabled, the participant's
disability benefit shall be determined in accordance with paragraph b.1.; provided, however,
such disability benefit shall be reduced by the percent of disability, as determined in accordance
with subsection (c). (2) Effective for Disabilities Occurring On and After October 1, 2012.
a. Subject to paragraph b., a participant who becomes physically or mentally disabled as a
result of bodily injury, disease, or mental disorder received in the line of duty,
which renders such participant incapable of continuing his or her employment as a sworn police
officer or sworn firefighter performing the same duties and having the same responsibilities
as those immediately prior to the time of the disability, shall be entitled to receive a monthly
disability benefit equal to the greater of: 1. Forty percent of the participant's monthly
compensation at the time of such termination from service as a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-22.116.htm - 9K - Match Info - Similar pages
45-8A-22.113
Section 45-8A-22.113 Retirement eligibility and benefit. (a) Participants Hired Before May
29, 1979. Subject to Section 45-8A-22.114, any person who was hired by the City of Anniston
as a sworn police officer or sworn firefighter before May 29, 1979, and who has been in continuous
service as a participant for a period of 20 years shall have a non-forfeitable right to a
benefit and shall be entitled to retire and receive a monthly benefit from the plan in an
amount equal to three percent of the average of his or her monthly compensation for the last
three years preceding his or her retirement multiplied by the number of years of continuous
service; provided, however, credit shall not be counted for continuous service in excess of
30 years. (b) Participants Hired On and After May 29, 1979. Any participant who was hired
by the City of Anniston as a sworn police officer or sworn firefighter on or after May 29,
1979, shall have a non-forfeitable right to a benefit to the extent described in...
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45-8A-22.119
the plan pursuant to Section 45-8A-22.117, into the trust to a beneficiary who has been designated
by the participant, in writing, executed by the participant on a form prescribed by the retirement
board and delivered to the secretary-treasurer. In the event that the participant has not
designated a beneficiary, the retirement board shall, upon demand, pay the lump sum equal
to the deceased participant's contributions made to the plan pursuant to Section 45-8A-22.117,
into the trust to the personal representative of the estate of the deceased participant.
Any amounts received by the participant in his or her lifetime or by his or her surviving
spouse or children following the death of the participant shall be deducted from the amount
payable to the beneficiary properly designated by the participant or to the estate of the
deceased participant pursuant to the terms of the plan. Any attempt to designate a beneficiary
pursuant to the terms of this subsection not in compliance with the...
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45-8A-22.110
Section 45-8A-22.110 Participation. (a) Every individual who becomes employed by the City of
Anniston, excluding any person who is employed as an independent contractor, as a sworn police
officer or as a sworn firefighter shall become a participant ("participant") in
the plan and shall make contributions to the trust in accordance with Section 45-8A-22.109.
(b) The City of Anniston shall withhold from all participants' compensation such participant
contributions each payroll period and the aggregate amount so withheld shall be paid to the
trustee to deposit in the trust. Participant contributions shall be paid beginning with a
participant's first paycheck after becoming a sworn police officer or as a sworn firefighter
as provided in subsection (a). (Act 2012-484, p. 1349, ยง11.)...
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45-37A-51.09
Section 45-37A-51.09 Compensation limits; forfeitures; required minimum. (a) Compensation in
excess of one hundred sixty thousand dollars ($160,000), or such other amount provided in
the Internal Revenue Code of 1986, as amended, shall be disregarded. Such amount shall be
adjusted for increases in the cost-of-living in accordance with Section 401(a)(17)(B), except
that the dollar increase in effect on January 1 of any calendar year shall be effective for
the fiscal years beginning with or within such calendar year. If compensation for any prior
determination period is taken into account in determining a participant member's benefits
for the current fiscal year, the compensation for such prior determination period is subject
to the applicable annual compensation limit in effect for that prior period. (b) Notwithstanding
the foregoing and to the extent applicable to governmental plans as such are defined in Section
414(d) of the Internal Revenue Code of 1986, as amended, in no event may...
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45-49A-63
Section 45-49A-63 Definitions. As used in this part, the following words and terms shall have
meanings as follows: (1) ANNUITY STARTING DATE. The first day for which a benefit is payable
as an annuity or any other form under Section 45-49A-63.80. (2) BENEFICIARY. The person or
persons named by a member by written designation filed with the board to receive payments
under this plan after the member's death. The member may not change his or her beneficiary
after his or her annuity starting date. If no beneficiary designation is in effect at the
member's death, or if no person so designated survives the member, the member's surviving
spouse, if any, shall be deemed to be the beneficiary, otherwise the beneficiary shall be
the member's estate. (3) BOARD. The Police and Fire Pension Board as constituted under Section
45-49A-63.120, or its delegate. (4) BREAK IN SERVICE. A period of absence which would constitute
a break in the member's service under the Mobile County Personnel Board rules;...
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45-8A-22.118
in the plan, then the defined benefit dollar limitation of subsection (b) shall be multiplied
by a fraction, a. the numerator of which is the number of years, or part thereof, of participation
in the plan, and b. the denominator of which is 10. However, in no event shall such fraction
be less than 1/10th. Notwithstanding the foregoing, no adjustment shall be made to the defined
benefit dollar limitation for a distribution on account of a participant becoming disabled
by reason of personal injuries or sickness, or as a result of the death of a participant.
For purposes of this section, a "year of participation" means each accrual computation
period for which the following conditions are met: a. the participant is credited with a period
of service for benefit accrual purposes, required under the terms of the plan in order to
accrue a benefit for the accrual computation period, and b. the participant is included as
a participant under the eligibility provisions of the plan for...
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11-43-86
Section 11-43-86 Compensation of mayor, etc., of Class 1 municipality; mayor authorized to
attend certain meetings, etc.; applicability of section. (a) The mayor or other chief executive
officer of any Class 1 city shall be paid, in addition to the compensation provided by law
for the office, the additional sum of $1,833.33 per month, payable in advance on the first
day of each month as an allowance for expenses incident to the office of mayor, for which
the mayor shall not be required to file an accounting. (b) All other provisions of law notwithstanding,
the mayor may elect in writing to have the expense allowances authorized by subsection (a)
and by subsection (a) of Section 11-43-7.1 treated as subject to withholding of any employee
contribution required to be paid into the trust fund provided under any pension or retirement
system in which the mayor is eligible to participate. The mayor may also elect in writing
within 90 days of October 9, 1992 to pay into the pension or...
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16-25-1
Section 16-25-1 Definitions. For the purposes of this chapter the following terms, unless a
different meaning is plainly required by the context, shall have the following respective
meanings: (1) RETIREMENT SYSTEM. The Teachers' Retirement System of Alabama as defined in
Section 16-25-2. (2) PUBLIC SCHOOL. Any day school conducted within the state under the authority
and supervision of a duly elected or appointed county or city board of education and any educational
institution supported by and under the control of the state or any private nondenominational
school operated nonprofit for the education of children of school age residing within a district
where no public school is available for the children. (3) TEACHER. Any teacher, principal,
superintendent, supervisor, college professor, administrative officer, or clerk employed in
any public school or public college within the state or employed in any private nondenominational
school operated nonprofit for the education of children of...
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