The city council of any Class 1 municipality may grant pension plan benefit increases to retired employee participants, and their beneficiaries, in terminated or inactive former pension plans of any Class 1 municipality, provided the increases shall not exceed the increases granted to retired participants in the City of Birmingham Retirement and Relief System created under Act No. 929, 1951 Regular Session, as amended. The benefit increases may be retroactive but shall be granted only after the city council receives the opinion of a licensed actuary regarding the cost of any increase.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 40 - General Provisions.
Section 11-40-3 - Acquisition of Rights, Power, and Authority Granted.
Section 11-40-5 - Corporate Limits Not Altered or Affected by Adoption of Code.
Section 11-40-7 - Change of Name.
Section 11-40-8 - Division of Municipalities Into Wards.
Section 11-40-9 - Continuation of Present Organization.
Section 11-40-10.1 - Contracts for Certain Law Enforcement Services of Class 6 Municipality.
Section 11-40-11 - When Change in Form of Government Takes Effect.
Section 11-40-12 - Classification of Municipalities.
Section 11-40-13 - Notice Required for Enactment of General Law Applying to Single Municipality.
Section 11-40-16 - Creation of Enterprise Zones Within Class 1 Cities; Purpose.
Section 11-40-17 - Minimum Monthly Retirement and Survivor's Benefits in Class 1 Municipalities.
Section 11-40-17.3 - Retroactive Deferred Retirement Option Plan.
Section 11-40-22 - Mayor Authorized to Award Municipal Employees for Exemplary Performance, Etc.
Section 11-40-23 - License Tax for Collecting, etc., Waste Grease and Animal By-Products.
Section 11-40-25 - Municipal Officers Removed by Operation of Law.