The Employees' Retirement System may deduct in 12 equal installments from the retirement allowance payable to a retired member any additional contributions necessary to pay the administrative costs incurred in granting the credit hereunder in the event its Board of Control and consulting actuaries thereto determine that the amounts contributed by the member under the provisions hereof are insufficient to pay such administrative costs.
Structure Code of Alabama
Title 36 - Public Officers and Employees.
Chapter 27 - State Employees' Retirement System.
Article 2 - Reopening of System for Certain Employees.
Division 3 - Reopening for Employees of Cities, Counties, or Political Subdivisions.
Section 36-27-70 - Who Is Eligible for Additional Credit.
Section 36-27-71 - Conditions Precedent to Receipt of Credit.