45-37A-51.221
Section 45-37A-51.221 Minimum and maximum normal retirement benefit. (a) The minimum
retirement benefit payable under Section 45-37A-51.220 shall be four hundred dollars
($400) per month. The maximum normal retirement benefit payable under Section 45-37A-51.220
shall be 75 percent of final average salary, exclusive of sick leave bonus. Notwithstanding
the foregoing and to the extent applicable to governmental plans as defined in § 414(d),
Internal Revenue Code, in no event may the normal retirement benefit exceed the annual dollar
limits imposed by § 415(b), Internal Revenue Code, excluding contributions under § 414(h)(2),
Internal Revenue Code. Further, no post severance compensation shall be included for any benefit
hereunder. Post severance compensation means amounts paid by the later of: (1) Two and one-half
months after an employee's severance from employment with the employer, or (2) the end of
the limitation year that includes the date of severance from employment with the...
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45-37-123.106
Section 45-37-123.106 Minimum distribution requirements. (a) General rules. (1) EFFECTIVE
DATE. Except as otherwise provided herein, the provisions of this section shall apply
for purposes of determining required minimum distributions for calendar years beginning on
and after January 1, 1987. (2) REQUIREMENTS OF TREASURY REGULATIONS INCORPORATED. All distributions
required under this section shall be determined and made in accordance with § 401(a)(9),
Internal Revenue Code, including the incidental death benefit requirement in § 401(a)(9)(G),
and the regulations thereunder. (3) PRECEDENCE. Subject to the joint and survivor annuity
requirements of the plan, the requirements of this section shall take precedence over
any inconsistent provisions of the plan. (b) Time and manner of distribution. (1) REQUIRED
BEGINNING DATE. The member's entire interest shall be distributed, or begin to be distributed,
to the member no later than the member's required beginning date. (2) DEATH OF MEMBER...
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45-37-123.100
Section 45-37-123.100 Retirement benefits. (a) Superannuation retirement benefit. (1)
ELIGIBILITY. A member shall be eligible for a superannuation retirement benefit if: a. The
member has 30 or more years of paid membership time, regardless of age; b. The member has
10 or more years of paid membership time and has attained the age of 60; or c. The member
has 30 years of service, 20 years of which are paid membership time, and has attained the
age of 55. (2) CALCULATION OF BENEFIT. If a member meets the foregoing eligibility criteria,
then the member shall be eligible to retire and receive a monthly benefit for the remainder
of his or her life to be determined by the following formula: a. Two and one-half percent
multiplied by the basic average salary multiplied by the number of years of paid membership
time; plus b. Five-eights of one percent multiplied by the basic average salary multiplied
by the number of years of unpaid membership time, if applicable. (3) SEVENTY-FIVE PERCENT...

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45-37A-51.284
Section 45-37A-51.284 Actuarial assumptions. (a) Effective date. Except as provided
by the Pension Benefit Guaranty Corporation (PBGC) and the Internal Revenue Service, the limitations
of this section shall first apply in determining the amount payable to a participant
having an annuity starting date in a fiscal year beginning on or after January 1, 2008. (b)
Applicable interest rate. For purposes of the fund's provisions relating to the calculation
of the present value of a benefit payment that is subject to § 417(e), Internal Revenue Code,
as well as any other fund provision referring directly or indirectly to the applicable interest
rate or applicable mortality table used for purposes of § 417(e), Internal Revenue Code,
any provision prescribing the use of the annual rate of interest on 30-year United States
Treasury securities shall be implemented by instead using the rate of interest determined
by applicable interest rate described by § 417(e), Internal Revenue Code, after its...
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45-8A-22.115
Section 45-8A-22.115 Compensation for purposes of benefit calculations. (a) Compensation.
For purposes of calculating contributions to the plan in accordance with Section 45-8A-22.109
and benefits paid under the plan in accordance with Section 45-8A-22.113, Section
45-8A-22.116, and Section 45-8A-22.119, "compensation" shall include all
of the following amounts: (1) Regular salary, including accumulated vacation pay. (2) Overtime
pay. (3) Longevity pay. (4) Comp pay. (5) Any differential wage payment, as defined in Code
Section 3401(h)(2), generally relating to military pay. Bonuses and paid accumulated
sick leave, expense allowances, and any other non-regular forms of compensation are excluded.
(b) Compliance with Internal Revenue Code Section 401(a)(17). Compensation of each
participant taken into account in determining benefit accruals in any plan year beginning
after December 31, 2001, shall not exceed two hundred thousand dollars ($200,000), or such
other amount provided in the...
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45-37-123.01
Section 45-37-123.01 Definitions. For the purposes of this part, the following terms
shall have the following meanings: (1) ACT. The act adding this part, to be called the General
Retirement System for Employees of Jefferson County Act. (2) ACTIVE MEMBER. An individual
who currently is employed by the county or other entities set forth in subdivision (20) and
is making employee contributions to the system. (3) ACTUARIAL EQUIVALENT. Effective July 30,
1984, or such other dates as set forth in Exhibit A, which is maintained in the office of
the pension board, a form of benefit differing in time, period, or manner of payment from
a specific benefit provided under the plan but having the same value when computed using the
mortality tables, the interest rate, and any other assumptions last adopted by the pension
board, which assumptions shall clearly preclude any discretion in the determination of the
amount of a member's benefit. (4) ACTUARIAL GAIN. As defined in Section...
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45-37-123.132
Section 45-37-123.132 Adjustments to annual benefit and limitations. (a) Adjustment
if fewer than 10 years. Effective for limitation years ending after December 31, 2001, if
a member has fewer than 10 years of participation in the plan, then the defined benefit dollar
limitation of Section 45-37-123.131(a) shall be multiplied by a fraction, the numerator
of which is the number of years, or part thereof, of participation in the plan, and the denominator
of which is 10. However, in no event shall such fraction be less than one-tenth. Notwithstanding
the foregoing, no adjustment shall be made to the defined benefit dollar limitation for a
distribution on account of a member becoming disabled by reason of personal injuries or sickness,
or as a result of the death of a member. For purposes of this subsection, a year of participation
means each accrual computation period for which the following conditions are met: The member
is credited with a period of service for benefit accrual purposes,...
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45-37-123.133
Section 45-37-123.133 Annual benefit not in excess of $10,000. (a) The plan may pay
an annual benefit to any member in excess of the member's maximum annual benefit if the annual
benefit derived from employer contributions under the plan and all other defined benefit plans
maintained by the county does not in the aggregate exceed ten thousand dollars ($10,000) for
the limitation year or for any prior limitation year and the county has not at any time maintained
a defined contribution plan, a welfare benefit fund under which amounts attributable to postretirement
medical benefits are allocated to separate accounts of key employees, as defined in § 419(A)(d)(3),
Internal Revenue Code, or an individual medical account in which the member participated.
For purposes of this section, if the plan provides for voluntary or mandatory employee
contributions, such contributions shall not be considered a separate defined contribution
plan maintained by the county. (b) However, if a member has...
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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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16-44A-31
Section 16-44A-31 Citizenship Trust established. (a) The State of Alabama hereby establishes
and authorizes the Citizenship Trust, herein referred to as the "trust." (b) The
purpose of the trust is to strengthen and renew the foundation of American liberty and self-government
through citizenship education. The trust shall provide students with high quality educational
programs, learning experiences, and resources inside and outside the classroom which enhance
their understanding and appreciation of the principles of American citizenship, and knowledge
of the Constitution, Bill of Rights, and other essential foundations of the American Republic,
and which encourage them to serve and lead their communities, state, and nation as active,
responsible, informed, and law-abiding citizens. Programs shall be focused on improving student
learning and achievement in the critical academic areas of American history, government, civics,
and citizenship. (c) The trust shall encourage voluntary,...
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