There is hereby provided, commencing October 1, 1990 to each person whose effective date of retirement for purposes of receiving benefits from the Teachers' Retirement System is prior to October 1, 1989, a cost-of-living increase of $1.00 per month for each year of creditable service attained by said retiree plus $3.00 per month for each year of retirement attained by said retiree.
Structure Code of Alabama
Chapter 25 - Teachers' Retirement System.
Article 3 - Cost of Living Increase Where Effective Date of Retirement Prior to October 1, 1989.
Section 16-25-60 - Cost-of-Living Increase to Persons Retiring Before October 1, 1989.
Section 16-25-61 - Cost-of-Living Increase to Certain Retirees Participating Under Section 36-27-6.
Section 16-25-62 - Appropriation; Funding for Benefits.