The board of control is hereby empowered and authorized to promulgate such rules and regulations as may be necessary to implement the provisions of this chapter, and to define terms, words and/or phrases incident thereto, provided such rules shall conform to the requirements of the Internal Revenue Code. The board of control may in its discretion adopt one or more tax deferred savings plans authorized by the federal government if it finds that doing so will offer substantial tax benefits to any segment of the public employees covered under the provisions of this chapter.
Structure Code of Alabama
Title 36 - Public Officers and Employees.
Chapter 27A - Public Employees Individual Retirement Account Fund.
Section 36-27A-1 - Legislative Intent.
Section 36-27A-2 - Creation; Administered by Board of Control, etc.; Composition of Board.
Section 36-27A-3 - Authority of Board to Promulgate Rules and Regulations.
Section 36-27A-4 - Investments.
Section 36-27A-5 - Eligibility.