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36-30-1
Section 36-30-1 Definitions; dependents; persons eligible for compensation. (a) For the purposes
of this chapter, the following words and phrases shall have the following meanings: (1) AWARDING
AUTHORITY. The State Board of Adjustment, created and existing pursuant to Article 4, Chapter
9 of Title 41. (2) COMPENSATION. The money benefits paid on account of injury or death which
occurred during the course of employment or activity as a peace officer or firefighter and
is in the nature of workers' compensation. (3) DEPENDENT CHILD. An unmarried child under the
age of 18 years, or one over the age of 18 who is physically or mentally incapacitated from
earning. (4) DIRECT AND PROXIMATE RESULT OF A HEART ATTACK OR STROKE. Death resulting from
a heart attack or stroke caused by engaging or participating in a situation while on duty
involving nonroutine stressful or strenuous physical law enforcement, fire suppression, rescue,
hazardous material response, emergency medical service, prison...
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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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45-49A-63.80
Section 45-49A-63.80 Benefit payments. (a) Benefits payable to a member under Section 45-49A-63.60,
Section 45-49A-63.61, or subsection (a) of Section 45-49A-63.62 shall be payable in monthly
installments beginning on the first day after the latest of (1) the day the member retires
or terminates his or her employment, (2) the board approves the member's benefit, or (3) the
member has elected an optional form of benefit in accordance with Section 45-49-63.82; however,
if a member's benefit had not commenced by the later of the first day following his or her
termination of employment as a uniformed officer or the April 1 following the calendar year
in which he or she attains age 70 1/2, he or she shall begin to receive his or her benefit
on such date in accordance with Option 1 in Section 45-49A-63.81 if he or she is not married
on such date or in accordance with the 50 percent survivor benefit in Option 2 of Section
45-49A-63.81 with his or her spouse as his or her beneficiary if he or...
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45-8A-22.109
Section 45-8A-22.109 Contributions to the 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...
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16-25-190
Section 16-25-190 Increase in benefits to members and beneficiaries. (a) Commencing October
1, 2005, there is provided an increase in benefits to each person currently receiving benefits
whose effective date of retirement was prior to October 1, 2004, for purposes of receiving
benefits, and to certain beneficiaries of deceased members and deceased retirees currently
receiving survivor benefits, if the effective date of retirement or death for the deceased
retiree or deceased member was prior to October 1, 2004, for purposes of receiving benefits
from the Teachers' Retirement System, a cost-of-living adjustment (COLA) of four percent of
the current gross benefit, but not less than fifteen dollars ($15) per month. (b) Any future
survivor allowance shall be adjusted as provided in the members' original option selection
for those eligible retirees who have selected a monthly survivor allowance payable to a designated
beneficiary upon the death of the retiree, or otherwise provided by law...
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16-25-81
Section 16-25-81 Cost-of-living increase provided for certain retirees participating under
Section 36-27-6. (a) Commencing October 1, 1993, there is provided to certain persons identified
in subsection (b) of this section who are currently receiving benefits, whose effective date
of retirement was prior to October 1, 1992, for purposes of receiving benefits from the Employees'
Retirement System, and to certain beneficiaries of deceased members and deceased retirees
who are currently receiving survivor benefits if the effective date of retirement or death
for the deceased member or retiree was prior to October 1, 1992, for purposes of receiving
benefits from the Employees' Retirement System, a cost-of-living increase as follows: (1)
1.28 percent of the current gross benefit paid to the retiree and to certain beneficiaries
of deceased members and deceased retirees. (2) One dollar and twenty-eight cents ($1.28) per
month for each year of service attained by the retiree for each retiree...
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43-8-1
Section 43-8-1 General definitions. Subject to additional definitions contained in the subsequent
articles which are applicable to specific articles or divisions, and unless the context otherwise
requires, in this chapter, the following words shall have the following meanings: (1) BENEFICIARY.
As it relates to trust beneficiaries, includes a person who has any present or future interest,
vested or contingent, and also includes the owner of an interest by assignment or other transfer
and as it relates to a charitable trust, includes any person entitled to enforce the trust.
(2) CHILD. Includes any individual entitled to take as a child under this chapter by intestate
succession from the parent whose relationship is involved and excludes any person who is only
a stepchild, a foster child, a grandchild or any more remote descendant. (3) COURT. The court
having jurisdiction in matters relating to the affairs of decedents. This court in Alabama
is known as the probate court. (4) DAYS. That...
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5-11A-32
Section 5-11A-32 Notice of transfer. (a) Within 30 days after the date of the transfer of the
fiduciary accounts, the transferor shall send written notice by first class mail to the last
known address (as then set forth on the records of the transferor, or if not set forth, as
may be determined by the transferor in the exercise of reasonable diligence) of the following
persons or entities: (1) For employee benefit plans, to the plan sponsors. (2) For individual
retirement accounts and retirement accounts for the self-employed, to the account owners.
(3) For agency and escrow accounts, to the principals. (4) For securities for which a transferor
bank serves as trustee, registrar, transfer agent or paying agent, to the issuers. (5) For
revocable trusts under agreement, to the settlors. (6) For irrevocable trusts under agreement,
to any co-fiduciary, to the settlor, to each current income beneficiary who is an adult, and
if a current income beneficiary is a minor, to a parent of the minor...
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16-25-140
Section 16-25-140 Increase in benefits to members and beneficiaries. (a) Commencing October
1, 2000, there is provided an increase in benefits to each person currently receiving benefits
whose effective date of retirement was prior to October 1, 2000, for purposes of receiving
benefits, and to certain beneficiaries of deceased members and deceased retirees currently
receiving survivor benefits, if the effective date of retirement or death for the deceased
retiree or deceased member was prior to October 1, 2000, for purposes of receiving benefits
from the Teachers' Retirement System, a cost-of-living adjustment (COLA) of four percent of
the current gross benefit. In no case shall the COLA be less than fifteen dollars ($15) per
month. (b) Commencing October 1, 2000, there is provided an increase in benefits to certain
persons identified in this subsection who are currently receiving benefits whose effective
date of retirement was prior to October 1, 2000, for purposes of receiving...
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36-27-18
Section 36-27-18 Retirement with not less than 30 years' creditable service. (a) In addition
to any law or part of any law relating to service retirement under the Employees' Retirement
System of Alabama, any member of the Employees' Retirement System who withdraws from service
after the completion of not less than 30 years of creditable service may retire without a
reduction in retirement allowance upon written application to the Board of Control of the
Employees' Retirement System setting forth the first day of which month, not less than 30
days nor more than 90 days subsequent to the execution and filing thereof, he desires to be
retired. (b) All retirement allowance payments due on or after January 1, 1976, to members
of the Employees' Retirement System of Alabama who retired prior to said date shall be redetermined
as if the provisions of this section were in effect at the time they retired; provided, that
any increase in the retirement allowance payment for a member who retired...
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