Notwithstanding the foregoing provisions of this article or any other laws to the contrary, no employer whose employees are covered under the Teachers' Retirement System shall offer any incentives of value including, but not limited to, monetary payments, prepayment of health insurance, or extraordinary payments for accrued leave, contingent on the member applying for or electing to participate in DROP. This provision shall not apply to regular payments for leave or contributions toward health insurance, but shall serve to prevent any extraordinary benefits or incentives offered during a limited time period solely for the purpose of enticing employees to elect to participate in DROP.
Structure Code of Alabama
Chapter 25 - Teachers' Retirement System.
Article 9 - Deferred Retirement Option Plan for Education Employees.
Section 16-25-150 - Participation in Plan.
Section 16-25-151 - Withdrawal From Service; Death of Participant.
Section 16-25-152 - Relation to Federal Law.