Commencing October 1, 2006, any pensioner or annuitant who retired prior to October 1, 2005, from a city, town, county, or public or quasi-public organization of the state before the city, town, county, or public or quasi-public organization of the state became a member of the Employees' Retirement System and is receiving a monthly benefit not administered by the Employees' Retirement System shall receive the cost-of-living increase of two percent in his or her gross monthly benefit which the Legislature committed to in Section 14 of Act 2005-316, plus an additional five percent increase in his or her gross monthly benefit. The increase shall not be less than twenty-five dollars ($25) per month. The increase shall be granted provided the city, town, county, or public or quasi-public organization of the state elects to fund and pay the increase.
Structure Code of Alabama
Title 36 - Public Officers and Employees.
Chapter 27 - State Employees' Retirement System.
Article 12 - Cost of Living Increase for Retirement Date Prior to October 1, 2005.
Section 36-27-201 - Amount of Increase - Persons Whose Employer Elects to Come Under Provisions.
Section 36-27-203 - Duties of Board and Employer.
Section 36-27-204 - Pensioners Who Retired Prior to Membership of Employer in System; Beneficiaries.
Section 36-27-206 - Notification of Employers Who Have Withdrawn From Participation.
Section 36-27-207 - Persons Receiving Medicaid Benefits.
Section 36-27-208 - Members and Beneficiaries of Employees' Retirement System.