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Section 16-25-62 – Appropriation; Funding for Benefits.

Section 16-25-62 Appropriation; funding for benefits. (a) There is hereby appropriated from the Education Trust Fund to the Teachers’ Retirement System of Alabama $13,878,629.00 for the fiscal year beginning October 1, 1990. In addition to the appropriation provided herein any available amounts from the existing funds of the Teachers’ Retirement System which may be expended […]

Section 16-25-111 – Cost-of-Living Increase to Members and Beneficiaries of Employees’ Retirement System.

Section 16-25-111 Cost-of-living increase to members and beneficiaries of Employees’ Retirement System. (a) Commencing October 1, 1996, 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, 1996, for purposes of receiving benefits from the Employees’ Retirement […]

Section 16-25-63 – Effect of Medicaid.

Section 16-25-63 Effect of Medicaid. Any person who receives benefits under the Medicaid program and whose eligibility for such benefits would be impaired by the cost of living increase provided herein shall not be entitled to receive said increase. Any person who shall subsequently apply for benefits under the Medicaid program and such person’s eligibility […]

Section 16-25-112 – Funding for Benefits.

Section 16-25-112 Funding for benefits. The cost-of-living increase granted to certain retired persons under the Teachers’ Retirement System by this article may be financed, if possible, from existing funds of the Teachers’ Retirement System subject to the following provisions and conditions: (1) If the actuary for the Teachers’ Retirement System finds that the cost-of-living increase […]

Section 16-25-64 – Construction of Article.

Section 16-25-64 Construction of article. The provisions of this article are supplemental. It shall be construed in pari materia with other laws regulating and providing for the payment of retirement benefits to the retired members of the Teachers’ Retirement System and certain members of the Employees’ Retirement System of Alabama; however, those laws or parts […]

Section 16-25-113 – Recipients of Medicaid Benefits.

Section 16-25-113 Recipients of Medicaid benefits. Any person who receives benefits under the Medicaid program and whose eligibility for the benefits would be impaired by the cost-of-living increase provided by this article shall not be entitled to receive the increase. Any person who shall subsequently apply for benefits under the Medicaid program and who would […]

Section 16-25-80 – Cost-of-Living Increase Provided for Certain Retirees and Beneficiaries Retiring Before October 1, 1992.

Section 16-25-80 Cost-of-living increase provided for certain retirees and beneficiaries retiring before October 1, 1992. There is provided to each person currently receiving benefits whose effective date of retirement was prior to October 1, 1992, for purposes of receiving benefits from the Teachers’ Retirement System, and to certain beneficiaries of deceased members and deceased retirees […]

Section 16-25-120 – Cost-of-Living Increase in Pension Benefits to Members and Beneficiaries of Teachers’ Retirement System.

Section 16-25-120 Cost-of-living increase in pension benefits to members and beneficiaries of Teachers’ Retirement System. Commencing October 1, 1998, there is provided to each person currently receiving benefits whose effective date of retirement was prior to October 1, 1998, for purposes of receiving benefits, and to certain beneficiaries of deceased members and deceased retirees currently […]

Section 16-25-81 – Cost-of-Living Increase Provided for Certain Retirees Participating Under Section 36-27-6.

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 […]

Section 16-25-121 – Cost-of-Living Increase to Members and Beneficiaries of Employees’ Retirement System.

Section 16-25-121 Cost-of-living increase to members and beneficiaries of Employees’ Retirement System. (a) Commencing October 1, 1998, there is provided to certain persons identified in subsection (b) who are currently receiving benefits, whose effective date of retirement was prior to October 1, 1998, for purposes of receiving benefits from the Employees’ Retirement System, and to […]