Section 16-25-40 Persons whose date of retirement is prior to October 1, 1987 or beneficiaries of deceased members or retirees entitled to cost of living increases. There is hereby provided, commencing October 1, 1988, to each person whose effective date of retirement for purposes of receiving benefits from the Teachers’ Retirement System is prior to […]
Section 16-25-41 Persons whose date of retirement is prior to October 1, 1987 or beneficiaries of deceased members or retirees entitled to cost-of-living increases – Additional adjustments. In addition to the foregoing amount an additional cost-of-living adjustment is provided effective October 1, 1989 as follows: (1) One dollar per month for each year of service […]
Section 16-25-42 Persons in the Employees’ Retirement System whose date of retirement is prior to October 1, 1987 or beneficiaries of deceased members or retirees entitled to cost-of-living increases. (a) There is hereby provided, commencing October 1, 1988 to certain persons identified in subsection (b) herein, whose effective date of retirement for purposes of receiving […]
Section 16-25-43 Persons in the Employees’ Retirement System whose date of retirement is prior to October 1, 1987 or beneficiaries of deceased members or retirees entitled to cost-of-living increases – Additional adjustments. (a) In addition to the foregoing amount an additional cost-of-living adjustment is provided effective October 1, 1989 as follows: (1) One dollar per […]
Section 16-25-44 Adjustment of survivor’s allowance. The survivor allowance shall be adjusted as provided in Section 16-25-40(3) for those eligible retirees who have selected a monthly survivor allowance payable to a designated beneficiary upon the death of such retiree. (Acts 1988, No. 88-600, p. 932, §5.)
Section 16-25-45 Appropriations; funding for benefits. (a) There is hereby appropriated from the Education Trust Fund to the Teachers’ Retirement System of Alabama $7,276,740 for the fiscal year beginning October 1, 1988, or such amounts as are necessary to carry out the provisions of this section as it relates to the Teachers’ Retirement System. (b) […]
Section 16-25-46 Persons whose eligibility under Medicaid program would be impaired by cost-of-living increase. 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 […]
Section 16-25-47 Provisions of article are supplemental; construed in pari materia with other law. 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’ […]
