(a) Employee contributions generally. As a condition of employment and of accruing benefits under the plan, each member shall contribute six percent of such member's compensation to the plan. The employee contributions shall be after tax, or if approved by the pension board such employee contributions shall be pre-tax and treated as "picked-up" and contributed by the county to the plan pursuant to Section 414(h)(2) of the Internal Revenue Code. The county shall process such employee contributions each payroll period and the aggregate amount shall be deposited in the trust fund. Employee contributions shall begin on the member's first paycheck after a member becomes eligible for membership in the system as provided for in Section 45-37-123.50. In the event that the county fails to withhold any employee contributions, the county may withhold such amounts, whether treated by the county as after-tax contributions or treated as "picked-up" contributions, from future paychecks as are necessary to restore the amounts not withheld.
(b) Withdrawal or refunds of employee contributions. Employee contributions may be withdrawn or refunded only as provided in Section 45-37-123.104.
(c) Cessation of employee contributions. A member may terminate employee contributions when the member's service entitles him or her to receive the maximum benefit available after 30 years of paid service, as further provided in Section 45-37-123.104(3).
Structure Code of Alabama
Chapter 37 - Jefferson County.
Division 4 - Contributions and Valuations.
Section 45-37-123.80 - Payment of Contributions and Employer Contributions.
Section 45-37-123.81 - Actuarial Methods.
Section 45-37-123.82 - Employee Contributions.
Section 45-37-123.83 - Forfeitures, Donations, and Other Similar Contributions.