36-27-55
Section 36-27-55 Purchase of prior service credit by certain members with prior service in Office of Agriculture Economics at Auburn University; cost; termination date. (a) Any acting and contributing member of either the Teachers' or the Employees' Retirement System may elect to purchase prior service credit for any full time employment he or she had in the Office of Agriculture Economics at Auburn University, provided such person complies with the following conditions prescribed in this section. (b) Any member eligible to claim and purchase such credit for service under subsection (a) of this section shall be awarded creditable service under either the Teachers' or the Employees' Retirement System, as the case may be, provided he or she shall pay into his or her retirement system or fund, prior to said member's date of retirement and prior to October 1, 1991, a sum equal to a percentage of his or her current annual earnable compensation, or average final compensation, whichever is...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-55.htm - 1K - Match Info - Similar pages
16-25-11.4
Section 16-25-11.4 Purchase of credit for prior service rendered as full-time employee in office of clerk of circuit court or with Alabama State Employees Association. (a) Any acting and contributing member of the Teachers' Retirement System of Alabama may elect to purchase credit for prior service rendered as a full-time employee in the office of a clerk of the circuit court in the State of Alabama or as a full-time employee with the Alabama State Employees Association provided the member complies with the following conditions prescribed in this section. (b) Any employee electing to purchase credit under subsection (a) of this section shall pay to the Secretary-Treasurer of the Teachers' Retirement System within one year after October 1, 1995, a lump sum payment equal to a percentage of the current annual salary or final average compensation, whichever is greater, of the member. The applicable percentage shall be the sum of the prevailing percentage rates of employer and member...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.4.htm - 2K - Match Info - Similar pages
36-27-54
Section 36-27-54 Purchase of credit by certain employees of Alabama State Docks Terminal Railway; waiver of federal railroad retirement benefits; termination date. (a) Any law to the contrary notwithstanding, any member of the Employees' Retirement System of Alabama who has 10 or more years of creditable service in the Employees' Retirement System of Alabama immediately prior to October 1, 1990 and who is employed by the State of Alabama at the time this bill becomes law, may hereby claim and purchase credit within the Employees' Retirement System of Alabama for all the time which such member has served as an employee of the Alabama State Docks and was paid through the Alabama State Docks Terminal Railway payroll and for which he is not otherwise eligible for credit in the Employees' Retirement System or any other retirement plan funded in whole or in part by the state except under the United States Social Security Act. (b) Any member eligible to claim and purchase such credit for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-54.htm - 2K - Match Info - Similar pages
36-27-6.2
Section 36-27-6.2 Participation of employees of counties, towns, public or quasi-public organizations, etc. - Purchase of credit for service in position previously excluded. (a) Any active and contributing member of the Employees' Retirement System who is an employee of an employer participating in the system pursuant to Section 36-27-6, and whose current position was once excluded by the employer from participating in the system, may receive credit in the system for the period of full-time service for which his or her position was excluded by the employer from participating in the system, provided the member claiming the credit has been continuously employed by the employer since January 1, 1987, and the member performs and complies with the conditions prescribed in subsection (b). (b) A member of the Employees' Retirement System eligible to purchase credit in the system under subsection (a) shall receive the credit after satisfying the following conditions: (1) Within one year of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-6.2.htm - 1K - Match Info - Similar pages
36-27-57.1
Section 36-27-57.1 Purchase of credit for prior service rendered in program financed by federal grant in office of local district attorney. (a) An active and contributing member of the Employees' or Teachers' Retirement System who has been a member of the system for at least 10 years, may claim and purchase credit not to exceed three years in his or her respective retirement system for prior service rendered while employed in a program in the office of a local district attorney which was financed at the time the service was rendered by a federal grant if the member complies with the provisions set forth in subsection (b) of this section. (b) Each person eligible to claim and purchase the credit for service under subsection (a) of this section shall be awarded creditable service under the Employees' Retirement System or Teachers' Retirement System provided he or she shall pay into the retirement system, prior to October 1, 1995, a lump sum equal to the percentage of his or her current...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-57.1.htm - 1K - Match Info - Similar pages
36-27-57.2
Section 36-27-57.2 Purchase of credit for prior service rendered in office of local district attorney or as court reporter, or both. (a) An active and contributing member of the Employees' Retirement System who has been a member of the system for at least 10 years, may claim and purchase credit not to exceed six years in the retirement system for prior service rendered while employed in a program in the office of a local district attorney which was a nonparticipant in the retirement system during the period of the prior service or for prior service rendered as an official court reporter when court reporters were not allowed to participate in the retirement system, or for both. The prior service credit may be purchased if the member has not received credit for the prior service claimed in any public pension system or as a supernumerary and the member complies with the provisions set forth in subsection (b). (b) Each person eligible to claim and purchase credit for any prior service...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-57.2.htm - 1K - Match Info - Similar pages
36-27-51
Section 36-27-51 Credit to officer or employee for prior service with another eligible employer. (a)(1) Any person who, as of October 1, 1996, is an officer or a regular employee of an employer eligible to participate in the Employees' Retirement System under Section 36-27-6, and is covered or eligible to be covered under the state Employees' Retirement System and who has previously been employed by another employer eligible for participation under Section 36-27-6, shall be eligible to receive up to 10 years of creditable service for employment rendered to another employer eligible for participation in the Employees' Retirement System under Section 36-27-6 provided, that the member claiming the credit shall have attained not less than five years of contributing membership service credit, exclusive of military service credit under the Employees' Retirement System, the member shall not have received credit for the prior service under any public retirement or pension plan except the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-51.htm - 2K - Match Info - Similar pages
16-25-11.7
Section 16-25-11.7 Purchase of credit by certain members employed as teachers in state public schools regardless of manner in which salary was paid or source thereof. (a) Any person who on October 1, 1990 was a member of the Teachers' Retirement System who was employed in a public school in Alabama shall be entitled to receive credit for all service rendered in such public school regardless of the manner in which the member's salary was paid or the source of funds for such salary; provided, however, that this provision shall not apply to any person who at the time of such service with a public school was also a student at the institution by which he was employed. (b) Any person employed in the capacity set out in subsection (a) of this section shall be entitled to receive credit for all service as a teacher rendered by him provided that said person pays to the Secretary-Treasurer within one year from October 1, 1990 for each year of claimed service, a sum equal to a percentage of his...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-11.7.htm - 1K - Match Info - Similar pages
36-27-50
Section 36-27-50 Temporary legislative employees covered by retirement system and health insurance plan; limitations; procedure; purchase of prior service. (a) Notwithstanding any provision of this title to the contrary, any state employee who has worked during at least five regular sessions of the Legislature since 1971 or any employee who has worked during five consecutive regular sessions of the Legislature and who is termed "temporary employee" shall be considered a full-time employee of the State of Alabama and may, at the option of the employee, be covered as a member of the state Employees' Retirement System and the State Employees' Health Insurance Plan. Notwithstanding the foregoing, coverage shall continue as if the person is employed full time. The employee shall pay the full health insurance cost during the time the employee is not on the legislative payrolls but remains eligible to continue employment during the next regular or special session of the Legislature. During...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-50.htm - 3K - Match Info - Similar pages
36-27-53.1
Section 36-27-53.1 Election by certain active members who had employment with Legislature prior to 1979 - Purchase pursuant to Title 29. Any active and contributing member of the Employees' Retirement System, may hereby claim and purchase credit in the Employees' Retirement System for up to four years' time for employment by the Alabama Legislature pursuant to Chapters 4, 5 and 7 of Title 29, prior to 1979, provided, that such member shall pay into the Employees' Retirement System the total amount he would have contributed had he been allowed to contribute at the position and salary level, together with interest not to exceed eight percent compounded annually from the date of service to the date of payment, and provided that he shall make such payment within one year from August 8, 1991. Provided, further, any active and contributing member who has previously purchased credit for said service rendered prior to 1979 is prohibited from purchasing such credit for the same service. (Acts...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-53.1.htm - 1K - Match Info - Similar pages
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