36-27-21.3
Section 36-27-21.3 Cost-of-living increases; funding. (a) There is hereby provided, commencing
October 1, 1982, to any person retired prior to October 1, 1981, under the Teachers' Retirement
System or Employees' Retirement System of Alabama and who is receiving a retirement allowance
therefrom, a cost-of-living increase of $1.00 per month for each year of creditable service
attained by said member; provided any person retired under the provisions of Section 36-27-7,
or 36-27-7.1 shall receive an increase of $.50 per month for each year of creditable service
attained by said member. In addition to the foregoing amount an additional $1.00 per month
increase may be granted upon the occurrence of certain conditions set forth in subsection
(e) of this section; provided any person retired under the provisions of Section 36-27-7,
or 36-27-7.1 may receive an additional $.50 per month increase upon the occurrence of certain
conditions pursuant to subsection (e) of this section. Effective...
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36-27-21.2
Section 36-27-21.2 Increase in maximum retirement allowance of certain state, etc., employees
- 1980 cost-of-living increase. (a) There is hereby provided, commencing October 1, 1980,
to any person retired prior to October 1, 1979, under the Teachers' Retirement System or Employees'
Retirement System of Alabama and who is receiving a retirement allowance therefrom, a cost-of-living
increase in his maximum retirement allowance as follows: (1) If such person retired prior
to October 1, 1963, a 15 percent increase in his maximum retirement allowance; provided, that
he shall receive an increase of not less than $30.00, nor more than $60.00 per month; and
provided further that, if such person retired under the provisions of Section 36-27-7 and/or
Section 36-27-7.1, he shall receive an increase of not less than $15.00, nor more than $40.00,
per month. (2) If such person retired on or after October 1, 1963, but prior to October 1,
1973, a 10 percent increase in his maximum retirement...
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36-27-141
Section 36-27-141 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 1998, each person whose employer participated in the Employees'
Retirement System pursuant to Section 36-27-6, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to July 1, 1998, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, may receive a cost-of-living increase determined by the formula used in Section 36-27-140,
if the employer elects to come under this article. Retirees who chose Option 2, 3, or 4 shall
receive the cost-of-living increase reduced by the same percentage as the reduction which
occurred because of the option selected unless the beneficiary under the option selected is
deceased on July 1, 1998, in which case the increase shall not be reduced. Any employer making
the election to come under this article shall bear the cost of the...
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36-27-121
Section 36-27-121 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 1994, each person whose employer participated in the Employees'
Retirement System pursuant to Section 36-27-6, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to October 1, 1994, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, may receive a cost-of-living increase determined by the formula used in Section 36-27-120,
if the employer elects to come under this article. Retirees who chose Options 2, 3, or 4 shall
receive the cost-of-living increase reduced by the same percentage as the reduction which
occurred because of the option selected unless the designated beneficiary under the option
is deceased on October 1, 1994, in which case the increase shall not be reduced. Any employer
making the election to come under the article shall bear the...
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36-27-151
Section 36-27-151 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 2000, each person whose employer participated in the Employees'
Retirement System pursuant to Section 36-27-6, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to July 1, 2000, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, may receive a cost-of-living increase determined by the provisions used in Section
36-27-150, if the employer elects to come under this article. Any employer making the election
to come under this article shall bear the cost of the cost-of-living increases paid to its
employees pursuant to this section. Any employer participating under Section 36-27-6, may
elect to come under the article at anytime and have this article become effective on October
1, 2000, or on October 1 of any subsequent fiscal year and the employer...
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36-27-95
Section 36-27-95 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 1993, each person whose employer participated in the Employees'
Retirement System pursuant to Section 36-27-6, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to October 1, 1992, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, may receive a cost-of-living increase determined by the formula used in Section 36-27-94,
if the employer elects to come under this article. Retirees who chose Options 2, 3, or 4 shall
receive the cost-of-living increase reduced by the same percentage as the reduction which
occurred because of the option selected. Any employer making the election to come under this
article shall bear the cost of the cost-of-living increases paid to its employees pursuant
to this section. Any employer participating under Section 36-27-6,...
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36-27-181
Section 36-27-181 Amount of increase - Persons whose employers elects to come under provisions.
(a) Commencing October 1, 2002, each person whose employer participated in the Employees'
Retirement System pursuant to Section 36-27-6, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to October 1, 2001, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, may receive a cost-of-living increase determined by the provisions used in Section
36-27-180, if the employer elects to come under this article. Any employer making the election
to come under the article shall bear the cost of the cost-of-living increases paid to its
employees pursuant to this section. Any employer participating under Section 36-27-6, may
elect to come under this article at any time and have the article become effective on October
1, 2002, or on October 1 of any subsequent fiscal year and the employer...
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36-27-191
Section 36-27-191 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 2005, each person whose employer participated in the Employees'
Retirement System pursuant to Section 36-27-6, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to October 1, 2004, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, may receive a cost-of-living increase determined by the provisions used in Section
36-27-190, if the employer elects to come under this article. Any employer making the election
to come under the article shall bear the cost of the cost-of-living increases paid to its
employees pursuant to this section. Any employer participating under Section 36-27-6 may elect
to come under this article at any time and have the article become effective on October 1,
2005, or on October 1 of any subsequent fiscal year, and the employer...
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36-27-201
Section 36-27-201 Amount of increase - Persons whose employer elects to come under provisions.
(a) Commencing October 1, 2006, each person whose employer participated in the Employees'
Retirement System pursuant to Section 36-27-6, whose effective date of retirement for purposes
of receiving benefits from the Employees' Retirement System is prior to October 1, 2005, and
who is receiving or is entitled to receive a monthly allowance from the Employees' Retirement
System, may receive a cost-of-living increase determined by the provisions used in Section
36-27-200, if the employer elects to come under this article. Any employer making the election
to come under the article shall bear the cost of the cost-of-living increases paid to its
employees pursuant to this section. Any employer participating under Section 36-27-6, may
elect to come under this article at any time and have the article become effective on October
1, 2006, or on October 1 of any subsequent fiscal year and the employer...
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36-27-21.1
Section 36-27-21.1 Increase in maximum retirement allowance of certain state, etc., employees
- 1978 cost-of-living increase and cost-of-living increases thereafter. (a) Except as hereinafter
provided, each person having retired under the provision of statutes governing the Teachers'
Retirement System or the Employees' Retirement System of Alabama prior to October 1, 1977,
shall be entitled to receive, in addition to present benefits, a supplemental benefit in an
amount based upon his present benefits, according to the following schedule: Present Benefits
Supplemental Benefit ($ per month) ($ per month) Less than 200.00 60.00 200.00 - 299.00 40.00
300.00 - or over 30.00 (b) There is hereby appropriated from the Education Trust Fund to the
Teachers' Retirement System of Alabama the sum of $6,424,920.00 (estimated), or as much as
is necessary to carry out the provisions of this section as they relate to the Teachers' Retirement
System of Alabama, for the fiscal year beginning October 1,...
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