Commencing October 1, 2005, each person whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective date of retirement for purposes of receiving benefits from the Employees' Retirement System is prior to October 1, 2004, and who is receiving a monthly allowance or is eligible to receive a monthly allowance from the Employees' Retirement System, shall receive a cost-of-living increase as described in Section 36-27-190. Beneficiaries of deceased members or deceased retirees of employers participating in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, shall receive a cost-of-living increase of four percent in their gross monthly benefit, but not less than fifteen dollars ($15) per month.
Structure Code of Alabama
Title 36 - Public Officers and Employees.
Chapter 27 - State Employees' Retirement System.
Article 11 - Cost-of-Living Increases for Retirement Date Prior to October 1, 2004.
Section 36-27-191 - Amount of Increase - Persons Whose Employer Elects to Come Under Provisions.
Section 36-27-193 - Duties of Board and Employer.
Section 36-27-194 - Pensioners Who Retired Prior to Membership of Employer in System; Beneficiaries.
Section 36-27-196 - Notification of Employers Who Have Withdrawn From Participation.
Section 36-27-197 - Members and Beneficiaries of Employees' Retirement System.