The Board of Control of the Employees' Retirement System shall determine annually the amount required to pay the cost of the increased allowance provided under Sections 36-27-150 and 36-27-152, and shall notify the chief fiscal officer of each employer of the per centum rates of earnable compensation of the members required to be paid to the retirement systems. Each employer of members of the Employees' Retirement System shall pay on account of the increases provided in Sections 36-27-150 and 36-27-152 in the same manner and from the same source of funds as provided in Sections 36-27-7 and 36-27-24, it being the intent of the Legislature that the cost of providing the increases in Sections 36-27-150 and 36-27-152 shall be distributed from all funds in proportion to the salaries paid therefrom for active members.
Structure Code of Alabama
Title 36 - Public Officers and Employees.
Chapter 27 - State Employees' Retirement System.
Article 8 - Cost-of-Living Increase for Retirement Date Prior to October 1, 2000.
Section 36-27-151 - Amount of Increase - Persons Whose Employer Elects to Come Under Provisions.
Section 36-27-153 - Duties of Board and Employer.
Section 36-27-154 - Notification of Employers Who Have Withdrawn From Participation.
Section 36-27-155 - Pensioners Who Retired Prior to Membership of Employer in System.
Section 36-27-158 - Eligibility of Retirees; Notification of Increase.
Section 36-27-159 - Election by Local Administrative Unit.
Section 36-27-160 - Persons Receiving Medicaid Benefits.
Section 36-27-161 - Article Supplemental; Repeal of Conflicting Laws.