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36-27-16
Section 36-27-16 Retirement, etc., of employees; retirement allowances. (a)(1) RETIREMENT,
ETC., OF EMPLOYEES GENERALLY; ELIGIBILITY FOR SERVICE RETIREMENT BENEFITS. a. Any Tier I plan
member who withdraws from service upon or after attainment of age 60 and any Tier II plan
member who withdraws from service upon or after attainment of age 62 may retire upon written
application to the Board of Control setting forth at what time, not less than 30 days nor
more than 90 days subsequent to the execution and filing thereof, he or she desires to be
retired; provided, that any such member who became a member on or after October 1, 1963, shall
have completed 10 or more years of creditable service; provided further, that a Tier I plan
member employed as a state policeman shall be eligible to file application for service retirement
upon attaining age 52 and a Tier II plan member employed as a state policeman or employed
as a correctional officer, firefighter, or law enforcement officer as defined...
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45-8A-22.102
Section 45-8A-22.102 Powers and duties of the retirement board.. (a) The retirement board shall
be responsible for the general administration and proper operation of the plan and shall administer
the plan for the exclusive benefit of participants and their beneficiaries, subject to the
terms of the plan. The retirement board shall administer the plan in accordance with its terms
and shall have the power and discretion to construe the terms of the plan and this subpart
and to determine all questions arising in connection with the administration, interpretation,
and application of the plan. Any such determination by the retirement board shall be conclusive
and binding upon all persons. (1) The retirement board shall have all powers necessary or
appropriate to accomplish the retirement board's duties under the plan, including, but not
limited to, the following: a. To determine all questions relating to the eligibility of a
sworn police officer or a sworn firefighter of the City of...
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36-21-60
Section 36-21-60 Definitions. When used in this article, the following words and phrases shall
have the following meanings, respectively, unless the context clearly indicates otherwise:
(1) ALABAMA SHERIFF'S ASSOCIATION. The Alabama Sheriff's Association, as now or hereafter
constituted. (2) ASSOCIATION. The Alabama Peace Officers' Association, as now or hereafter
constituted. (3) ASSOCIATION OF CHIEFS OF POLICE. The Alabama Association of Chiefs of Police,
as now or hereafter constituted. (4) BOARD. The board of commissioners of the fund and any
successors thereto. (5) EXECUTIVE DIRECTOR. The executive director of the board. (6) FUND.
The Alabama Peace Officers' Annuity and Benefit Fund created in Section 36-21-66. (7) MEMBER.
Any peace officer who is a member of the fund and who is in good standing by virtue of having
paid all sums required by this article to be paid by him. (8) MEMBERSHIP SERVICE. The period
of employment of a member as a peace officer from the date he or she...
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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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45-8A-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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45-37A-51.237
Section 45-37A-51.237 Payment of benefits during period of reemployment. (a) Anything herein
to the contrary notwithstanding and except as provided in subsection (b), no retirement benefits
of whatever kind or description shall be payable to any former participant for any period
during which the former participant is employed by the city, is due a salary from the city,
or has been paid a salary by the city, except persons elected by the people to serve the city
shall have the option of continuing to receive either retirement benefits or the compensation
for the office to which that person is elected, or that person may choose to receive both
such benefits and compensation. (b)(1) For the purposes of this section, "retired public
safety officer" means a retired law enforcement officer who was employed by the city
or a retired firefighter who was employed by the city. (2) Notwithstanding subsection (a),
a retired public safety officer who was employed by the city may be subsequently...
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16-25-14
Section 16-25-14 Retirement of members; benefits generally. (a)(1) Any Tier I plan member who
withdraws from service upon or after attainment of age 60 and any Tier II plan member who
withdraws from service upon or after attainment of age 62, or in the case of a Tier II plan
member who is a correctional officer, firefighter, or law enforcement officer as defined in
Section 36-27-59, who withdraws from service upon or after attainment of age 56 with at least
ten years of creditable service as a correctional officer, firefighter, or law enforcement
officer may retire upon written application to the Board of Control setting forth at what
time, not less than 30 days nor more than 90 days subsequent to the execution and filing thereof,
he or she desires to be retired; provided, that any such member who became a member on or
after October 1, 1963, shall have completed 10 or more years of creditable service. (2) Any
Tier I plan member who has attained age 60 and any Tier II plan member who...
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36-27-170
Section 36-27-170 Participation in plan. (a) As governed by this subsection, there exists as
a part of this retirement system, an optional account known as the Deferred Retirement Option
Plan, which may be cited as "DROP." The purpose of DROP is to allow, contractually,
in lieu of immediate withdrawal from service and receipt of a retirement allowance, continued
employment for a specific period of time, coupled with the deferral of receipt of a retirement
allowance until the end of such period of participation, at which time the member shall withdraw
from service. (b) Participation in DROP is an option available to any member of this retirement
system who meets all of the following: (1) Has at least 25 years of creditable service exclusive
of sick leave. (2) Is at least 55 years of age, or in the case of a state police member, is
at least 52 years of age. (3) Is eligible for service retirement. (c) An election to participate
in DROP may be made in one year increments not to exceed five...
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45-37A-51.05
Section 45-37A-51.05 Retirement and relief fund. (a) For the purpose of the deductions from
salary provided for in this section, the salary of a fireman or policeman shall be deemed
to be the same as his or her salary is for the purpose of payroll deductions provided for
in Section 9 of Act 929. (b)(1) At the end of each payroll period after the effective date
of this subpart, the City of Birmingham shall deduct from the salary of each firefighter police
officer who commenced service on or after May 2, 1978, an amount equal to three and 30/100
percent of his or her salary plus an actuarially determined amount to cover one-half of the
cost of providing a retirement benefit after 20 years of credited service. This amount shall
not exceed the amount necessary to fund the additional cost over a period of 30 years, and
shall be deposited into the supplemental pension system; provided, however, the city shall
not make any such deduction from the salary of any firefighter or police officer...
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45-37A-51.196
Section 45-37A-51.196 Retirees of firefighters' and police officers' supplemental pension system.
In the event of the retirement of a police officer or a firefighter from a supplemental pension
system, as established by Subpart 1, with 20 or more but less than 30 years of credited service
under the system, this system shall receive from the supplemental pension system the monthly
payments required to be paid from the system to this system from the police officer or firefighter's
retirement date thereunder until the date he or she would have been entitled to retire under
this system with 30 years of credited service had such police officer or firefighter continued
to serve without retiring and without interruption as a participant in this system. The city
shall then match the contributions from its general fund or other appropriate funds making
the matching contributions to the fund within 30 days from the date of receipt of those funds
which are to be matched. (Act 2006-339, p. 851,...
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