(a) Any active and contributing member of the Teachers' Retirement System may purchase credit in the Teachers' Retirement System for prior service with the Alabama State Council on the Arts if the member has not received credit in the system for the same prior service and has not vested or otherwise become eligible to receive a retirement benefit by using the same prior service credit in another pension plan offered by the council.
(b) A member of the Teachers' Retirement System who is eligible to purchase any prior service credit under subsection (a) shall receive the credit if he or she pays into the system on or before his or her date of retirement, an amount equal to the full actuarially determined cost for each year of prior service purchased as determined by the system's actuary. Prior service may be purchased only in yearly increments of at least two years at a time.
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.