Section 36-21-180 Definitions. When used in this article, the following words and phrases shall have the following meanings, respectively, unless the context clearly indicates otherwise: (1) BOARD. The board of commissioners of the fund and any successors thereto. (2) ERS. The Employees’ Retirement System of Alabama. (3) EXECUTIVE DIRECTOR. The executive director of the board. […]
Section 36-21-181 Board of Commissioners of the Alabama Firefighters Annuity and Benefit Fund – Creation; composition. (a) There is created a board to be known as the Board of Commissioners of the Alabama Firefighters Annuity and Benefit Fund. The board shall be composed of the following members: (1) A consumer member appointed by the Governor […]
Section 36-21-182 Board of Commissioners of the Alabama Firefighters Annuity and Benefit Fund – Compensation. All board members shall be paid thirty dollars ($30) per day and mileage and per diem for attendance of board meetings. When a board member is traveling on fund business, he or she shall receive the same mileage and per […]
Section 36-21-183 Board of Commissioners of the Alabama Firefighters Annuity and Benefit Fund – Powers and duties. The board shall have the following powers in carrying out its responsibilities: (1) To collect all moneys provided in this article to be collected by it. (2) To provide for and maintain all necessary administrative facilities and personnel. […]
Section 36-21-184 Board of Commissioners of the Alabama Firefighters Annuity and Benefit Fund – Maintenance of records. The board shall keep permanent records of its membership, receipts, disbursements, and all of its other affairs under this article. Such records of the members shall show, with respect to each member, his or her name, age, date […]
Section 36-21-185 Alabama Firefighters Annuity and Benefit Fund. (a) A special fund is established for the purpose of providing retirement allowances and other benefits for members of the fund. The fund shall be known as the Alabama Firefighters Annuity and Benefit Fund. All amounts received by the board shall be paid into the fund. (b) […]
Section 36-21-186 Funding. (a) In order to fund this article, a minimum annual fee of two dollars ($2) may be voluntarily contributed from either or both the income tax return of the contributor and the annual ad valorem statement of the contributor by indicating on a check-off box which shall be provided. The checkoff shall […]
Section 36-21-187 Participation in fund; fees. (a) Participation in the fund established by this article is entirely elective on the part of a firefighter, and the benefits provided herein are in addition to any other benefits provided by law for firefighters. (b) Each firefighter who becomes a member shall pay to the fund a regular […]
Section 36-21-188 Prior service credit. Any firefighter who becomes a member of the fund and who thereafter leaves work as a firefighter and is drafted or enters directly into the Armed Forces of the United States and who returns to work as a firefighter within six months after he or she ceases to serve in […]
Section 36-21-189 Retirement annuity. (a) Any member, at any time after reaching the age of 62 and completion of at least 25 years’ qualified service, shall be entitled to an annuity benefit. (b) The amount of the monthly benefit shall be determined by the board in an amount recommended by the actuary for the fund. […]
Section 36-21-190 Disability benefits. (a) Any member who becomes totally or permanently disabled as a result of a heart attack or any injury received in the line of duty as a firefighter, not as a result of his or her misconduct, and who makes proper application to the board on a form supplied by the […]
Section 36-21-191 Death benefits. (a) Each member shall be issued a certificate by the board in which the board agrees to pay to a beneficiary designated by such member, upon death while an active member, and to be conditioned upon the satisfaction of all obligations of the member to the fund, a lump sum amount […]
Section 36-21-192 Appointment of actuary; action upon report; liability for deficiency in payments. (a) The board shall appoint and employ an actuary to make an actuarial valuation every three years or earlier, if deemed required, of the receipts and income accruing to the fund based on age, expected mortality, disability, and retirement status of the […]
Section 36-21-193 Withdrawal from fund. Any member shall be entitled at any time to withdraw from the fund and, upon application for such withdrawal on forms supplied by the board and approved by it, shall be entitled to receive 90 percent of all amounts previously paid to the fund by such member. Any member who […]
Section 36-21-194 Semiannual report of executive director; annual audit. (a) The executive director shall make semiannual reports to the board showing the total amount of money on hand at the time of such report, all investments then held by the board and itemizing by classifications all receipts and disbursements since the last such semiannual report. […]
Section 36-21-195 Effect of modifications; coverage for retired members upon return to active service. (a) All rights, annuities, and benefits provided herein shall be subject to future change by the Legislature, and subject to future changes or revisions as provided in this article, and no current or future member or beneficiary shall be deemed to […]
Section 36-21-196 Assignment, garnishment attachment, etc., of benefits; payment of annuities and benefits. None of the moneys referred to in this article or any benefit or annuity payable under this article shall be assignable nor subject to attachment, garnishment, or judgment entered against any member or beneficiary. All payments of annuities and benefits shall be […]
Section 36-21-197 Application. (a) The annuities and benefits provided for in this article shall not repeal or be considered to be in substitution for any other annuity or benefit provided for by law or any other retirement system, whether municipal, county, state, or federal. (b) Participation by a firefighter in any other program, plan, fund, […]
