|
36-27-9
Section 36-27-9 Payment of member's and employer's contributions for county engineers by State
Department of Transportation. Membership payments of county engineers eligible for participation
as members of the Employees' Retirement System of Alabama under Section 36-27-4, to the extent
of the State Department of Transportation contribution to the county for the engineer's salary,
shall be made as follows: (1) The State Director of Transportation shall cause to be deducted
from the state's payment to the county for the engineer's salary the member's contribution
and employer's contribution at the rates provided by law and remit the contribution to the
Employees' Retirement System of Alabama in the same manner as for department employees. The
State Department of Transportation shall further contribute to the employing county an amount
equal to the employer's contribution for the county engineer retirement from the same funds
from which state's contribution for salary occurred, said...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-9.htm - 2K - Match Info - Similar pages
36-29-1
Section 36-29-1 Definitions. When used in this chapter, the following terms shall have the
following meanings, respectively, unless the context clearly indicates otherwise: (1) BOARD.
The State Employees' Insurance Board. (2) CLASS. An employee or retiree shall be included
in one of the following classes: (i) active employee single, (ii) active employee family,
(iii) non-Medicare retiree single, (iv) non-Medicare retiree family, (v) Medicare retiree
single, (vi) Medicare retiree family, (vii) non-Medicare retiree with Medicare eligible dependent(s),
or (viii) Medicare retiree with non-Medicare dependent(s). (3) EMPLOYEE. A person who works
full time for the State of Alabama or for a county health department and who receives his
or her full compensation on a monthly basis through means of a state warrant drawn upon the
State Treasury or by check drawn by the Treasurer of the Alabama State Port Authority or by
check drawn by the treasurer of the Alabama state agency for surplus property...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-29-1.htm - 11K - Match Info - Similar pages
45-37-123.82
Section 45-37-123.82 Employee contributions. (a) Employee contributions generally. As a condition
of employment and of accruing benefits under the plan, each member shall contribute six percent
of such member's compensation to the plan. The employee contributions shall be after tax,
or if approved by the pension board such employee contributions shall be pre-tax and treated
as "picked-up" and contributed by the county to the plan pursuant to Section 414(h)(2)
of the Internal Revenue Code. The county shall process such employee contributions each payroll
period and the aggregate amount shall be deposited in the trust fund. Employee contributions
shall begin on the member's first paycheck after a member becomes eligible for membership
in the system as provided for in Section 45-37-123.50. In the event that the county fails
to withhold any employee contributions, the county may withhold such amounts, whether treated
by the county as after-tax contributions or treated as "picked-up"...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-123.82.htm - 1K - Match Info - Similar pages
45-37A-51.260
Section 45-37A-51.260 Loans to participants. The board shall have the right to lend to any
employee member from the fund such an amount of money as will not cause the aggregate of indebtedness
of the employee member to the fund immediately after such loan to exceed 50 percent of the
amount of contribution returnable to him or her or to those claiming under him or her, were
he or she to become separated from the service immediately after such loan. Interest on such
loan shall be charged at the rate of six to seven percent per annum as determined by the board
annually. (Act 2006-339, p. 851, Art. VII, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.260.htm - 923 bytes - Match Info - Similar pages
11-43-7.2
Section 11-43-7.2 Additional expense allowances for members of council or governing body of
Class 1 municipalities. (a) In addition to the authority granted by Section 11-43-7.1, the
council or other governing body of any Class 1 municipality may grant to the members of the
council or governing body, an additional amount of money monthly for expenses incurred by
the members when attending to the business of the municipality within its corporate limits.
The maximum amount of the additional expense allowance shall be three hundred thirty-three
dollars and thirty-three cents ($333.33) per month. (b) Notwithstanding all other provisions
of law, any council or governing body member may elect in writing to have the expense allowances
authorized by subsection (a) of this section and Section 11-43-7.1, become subject to the
withholding of any employee contribution required to be paid into the trust fund of any pension
or retirement system in which the member is eligible to participate. A...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-43-7.2.htm - 2K - Match Info - Similar pages
16-25-151
Section 16-25-151 Withdrawal from service; death of participant. (a) On withdrawing from service
pursuant to Section 16-25-14, a member who participated in DROP: (1) Who fulfilled his or
her contractual obligation pursuant to DROP shall receive a lump-sum payment from his or her
DROP account equal to the payments made to that account on his or her behalf plus interest.
Further, the member shall receive his or her accumulated contribution made during participation
in DROP, together with interest for the period of DROP participation as provided in subdivision
(1) of subsection (g) of Section 16-25-14. In lieu of a lump-sum payment from the DROP account,
to the extent eligible under applicable tax laws, the member's total accrued benefit may be
"rolled over" directly to the custodian of an eligible retirement plan. The member
shall also begin receiving his or her monthly benefit which had been paid directly into the
DROP account during his or her participation in DROP. However, the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-151.htm - 8K - Match Info - Similar pages
36-27-171
Section 36-27-171 Withdrawal from service; death of participant. (a) On withdrawing from service
pursuant to Section 36-27-16, a member who participated in DROP: (1) Who fulfilled his or
her contractual obligation pursuant to DROP shall receive a lump-sum payment from his or her
DROP account equal to the payments made to that account on his or her behalf plus interest.
Further, the member shall receive his or her accumulated contribution made during participation
in DROP, together with interest for the period of DROP participation as provided in subdivision
(1) of subsection (c) of Section 36-27-16. In lieu of a lump-sum payment from the DROP account,
to the extent eligible under applicable tax laws, the member's total accrued benefit may be
"rolled over" directly to the custodian of an eligible retirement plan. The member
shall also begin receiving his or her monthly benefit which had been paid directly into the
DROP account during his or her participation in DROP. However, if...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-27-171.htm - 9K - Match Info - Similar pages
45-37-123.83
Section 45-37-123.83 Forfeitures, donations, and other similar contributions. The pension board
and county are authorized to contribute to the trust fund any monies received in the form
of donations, gifts, appropriations, bequests, or otherwise, or derived therefrom. Additionally,
any member or beneficiary who fails to make timely application for the amount of his or her
employee contributions pursuant to Section 45-37-123.104 shall be deemed to have forfeited
and donated such employee contributions to the trust fund. In no event shall any forfeitures
under the plan result in an increase in the benefit to be paid to any member. The pension
coordinator shall provide one certified letter to the member within 60 days following the
member's termination of employment advising the member of the foregoing forfeiture provisions.
See also Section 45-37-123.194 for additional forfeiture provisions. (Act 2013-415, p. 1586,
§2:4.4.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-123.83.htm - 1K - Match Info - Similar pages
16-25A-1
Section 16-25A-1 Definitions. When used in this article, the following terms shall have the
following meanings, respectively, unless the context clearly indicates otherwise: (1) EMPLOYEE.
Any person covered by the Public Education Employees' Health Insurance Plan pursuant to Section
16-25A-11 or person who is employed full-time in any public institution of education within
the State of Alabama which provides instruction at any combination of grades K through 14,
exclusively, under the auspices of the State Board of Education or the Alabama Institute for
Deaf and Blind; provided, any person employed part-time by any public institution of education
within the State of Alabama which provides instruction at any combination of grades K through
14, exclusively, under the auspices of the State Board of Education or the Alabama Institute
for Deaf and Blind, shall be included in the definition of employee if such person shall agree
to have deducted from his or her compensation a pro rata...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25A-1.htm - 6K - Match Info - Similar pages
36-26-121
Section 36-26-121 Annual itemized statement of employee and retirement benefits, and total
employer contributions to retirement systems and health insurance plans. (a) As used in this
article, the following words have the following meanings: (1) EMPLOYEE BENEFIT. Any benefit
a public employee received or accrued from his or her employer, including, but not limited
to, salary or wages; insurance; allowance for days off such as vacation, holidays, sick leave,
or personal days; and contributions toward retirement or pension benefits. (2) HEALTH INSURANCE
PLAN. Either of the following health insurance plans as it applies to an individual public
employee or retiree: a. The State Employees' Health Insurance Plan. b. The Public Education
Employees' Health Insurance Plan. (3) RETIREE. A retiree or a beneficiary of a deceased retiree
who receives an employee benefit or pension benefit from a retirement system, as defined in
this section. (4) RETIREMENT SYSTEM. One of the following as it applies...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-26-121.htm - 4K - Match Info - Similar pages
|