(a) This section shall apply only to the employees and executive staff members of the Tennessee Valley Rehabilitation Center, Inc., who were active and contributing members of the Teachers' Retirement System on August 1, 1994 through John C. Calhoun Community College.
(b) The Board of Directors of the Tennessee Valley Rehabilitation Center, Inc., may, by resolution legally adopted to conform to the rules prescribed by the Board of Control of the Teachers' Retirement System, elect to have the full-time employees and executive staff members as defined in subsection (a), from whatever source and in whatever manner paid, become eligible to participate in the Teachers' Retirement System, subject to all rules, regulations, and conditions of the system.
(c) When an election is made to join the Teachers' Retirement System pursuant to subsection (b), the full-time employees and executive staff members of the Tennessee Valley Rehabilitation Center, Inc., as defined in subsection (a) may participate in and be entitled to all benefits of the Teachers' Retirement System, provided that where contributions are made from salaries paid to the employees and staff members by the Tennessee Valley Rehabilitation Center, Inc., the employer costs as a percentage of the aforementioned salaries are contributed by the center as the employer to the Teachers' Retirement System in accordance with Section 16-25-21. The employer contributions shall be paid monthly to the system at the same time as the contributions of the members are made to the system.
(d) The resolution for membership in the Teachers' Retirement System adopted pursuant to subsection (b) may also include a provision for all service rendered by an eligible employee or executive staff member from September 1, 1994, to the effective date of the election of the Tennessee Valley Rehabilitation Center, Inc., to participate in the system to be creditable service for the full-time employee or executive staff member in the system. Such a provision shall apply only to the full-time employees and executive staff members of the center who are in the active service of the center on the effective date of the election of the group to be covered under the system, and the resolution shall also state that the center, as the employer, shall assume and pay all costs required to fund the credit for the prior service in the amount for the costs as determined by the actuary employed by the board of control of the system.
Structure Code of Alabama
Chapter 25 - Teachers' Retirement System.
Article 1 - General Provisions.
Section 16-25-1 - Definitions.
Section 16-25-3.1 - Purchase of Credit for Service by Members Age 61 or Older at Time of Employment.
Section 16-25-4 - Transfer of Membership From the Employees' Retirement System of Alabama Generally.
Section 16-25-6 - Employees of Agricultural Experiment Station of Auburn University.
Section 16-25-7 - Certain Persons Employed by Alabama High School Athletic Association.
Section 16-25-8 - School Lunchroom Managers and Assistants.
Section 16-25-9 - Certain School Bus Drivers, Mechanics and Maintenance Workers - Generally.
Section 16-25-10.1 - Executive Officers and Employees of Alabama Association of School Boards.
Section 16-25-10.3 - Executive Officers and Employees of Alabama Vocational Association.
Section 16-25-10.11 - Officers and Employees of School Superintendents of Alabama.
Section 16-25-11 - Creditable Service.
Section 16-25-11.1 - Conversion of Unused Sick Leave Into Creditable Service in Retirement System.
Section 16-25-11.5 - Purchase of Credit for Employment in Support Personnel Position.
Section 16-25-11.11 - Purchase of Credit for Prior Service With Alabama State Council on the Arts.
Section 16-25-11.12 - Purchase of Service Credit for Time on Maternity Leave.
Section 16-25-11.14 - Purchase of Credit for Service Rendered to Authorized Employer.
Section 16-25-11.17 - Purchase of Credit for Prior Service With Department of Industrial Relations.
Section 16-25-11.18 - Purchase of Credit for Prior Service With United States Civil Service.
Section 16-25-11.19 - Purchase of Credit for Prior Service With Federal Bureau of Mines.
Section 16-25-12 - Prior Service Credit for Military Service During World War I.
Section 16-25-13.2 - Purchase of Credit for Prior Service at Walker College.
Section 16-25-14 - Retirement of Members; Benefits Generally.
Section 16-25-15 - Increase in Benefits - Ten Percent.
Section 16-25-16 - Increase in Benefits - Additional Five Percent.
Section 16-25-17 - Increase in Benefits - Cost-of- Living Increase for Certain Persons.
Section 16-25-18 - Redetermination of Allowances of Certain Retired Members.
Section 16-25-19 - Administration.
Section 16-25-20 - Management of Funds.
Section 16-25-21 - Method of Financing.
Section 16-25-23 - Exemptions From Execution; Recovery Actions.
Section 16-25-24 - False Statements; Correction of Errors.
Section 16-25-25 - Limitation on Membership.
Section 16-25-26 - Performance of Duties by Retired Persons; Service in Elected Public Office.
Section 16-25-26.1 - Election by University President to Resume Participation.
Section 16-25-33 - Term Life Insurance Fund; Payment of Benefits; Funding.