Alabama Administrative Code

Is sent to out-of-state employer and retirement plan for certification of service rendered and credited under retirement plan. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.13 Filed May 20, 1985; effective June 25, 1985. Statutory Authority…

Submitted by members who wish to buy up to five years' credit for out-of-state public or teaching service. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.14 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Code of Ala. 1975,…

Is used by members to notify RSA that they plan to retire. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.15 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Code of Ala. 1975, § 41-22-4.

Is used to apply for service or disability retirement benefits. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.16 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Code of Ala. 1975, § 41-22-4.

Is required to provide medical evidence of member's disability. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.17 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Code of Ala. 1975, § 41-22-4.

Is used by a retiring member to choose his/her retirement plan. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.18 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Code of Ala. 1975, § 41-22-4.

Is used by retiring members to authorize payroll deduction of state health and miscellaneous insurance premiums from retirement benefit. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.19 Filed May 20, 1985; effective June 25, 1985. Statutory…

Must be completed annually for the first five years, and once every three years thereafter by persons receiving disability benefits. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.20 Filed May 20, 1985; effective June 25, 1985. Statutory Aut…

Must be completed for each eligible employee of a unit which is entering ERS in order for the actuary to determine the unit's cost to enter ERS. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.21 Filed May 20, 1985; effective June 25, 1985. S…

Must be submitted by the governing board of an incoming unit to indicate the board's desire to bring the unit's employees into ERS. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.22 Filed May 20, 1985; effective June 25, 1985. Statutory Auth…

Is submitted for each employee (of an incoming new member unit) who wishes to join ERS. Biographical information and certification of prior service is provided on this form. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.23 Filed May 20, 198…

Is submitted as the first contributions report for new member units. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.24 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Code of Ala. 1975, § 41-22-4.

Is submitted as the first remittance summary (member and employer contributions) for a new member unit. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.25 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Code of Ala. 1975, § …

Is submitted by retired members to indicate the withholding treatment which they wish to have applied to their benefits. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.26 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Code…

Is submitted by the beneficiary of a deceased retiree in order to claim the survivor benefit according to the option selected. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.27 Filed May 20, 1985; effective June 25, 1985. Statutory Authority…

Is submitted by retirees who wish to have their benefit checks mailed directly to the bank. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.28 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Code of Ala. 1975, § 41-22-4.

Is used by retiree to request that another benefit check be issued due to the loss or destruction of the original warrant. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.29 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Co…

Is used when retirement benefit check has been negotiated but the retiree certifies that the signature on the negotiated warrant was made by someone other than the retiree. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.30 Filed May 20, 1985…

Is attached to Power of Attorney documentation to certify that the attached is still in effect. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.31 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Code of Ala. 1975, § 41-22-4.…

Is used by benefit recipients to decline part of the benefit payable to the recipient. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.32 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Code of Ala. 1975, § 41-22-4.

Is used by retirees to name the beneficiary who will receive the pro rata portion of the retiree's monthly benefit payable at the retiree's death. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.33 Filed May 20, 1985; effective June 25, 1985.…

Is used by retirees under Option I who wish to change the beneficiary to whom the lump sum annuity savings balance will be paid at the retiree's death. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.34 Filed May 20, 1985; effective June 25, …

Is used by retirees under Option I who wish to change the beneficiaries to whom the lump sum annuity savings balance will be paid at the retiree's death. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.35 Filed May 20, 1985; effective June 25…

Is used by a retired member who has elected to leave benefit increases in annuity account to designate a beneficiary to receive payment of the annuity balance at the death of the retired member. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-…

Members who are retired from the military on disability must obtain certification of the type military retirement allowance they are receiving in order to purchase military service. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.37 Filed May…

Is used by members whose accounts have been statutorily terminated to request contributions refund. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-2-7-.38 Filed May 20, 1985; effective June 25, 1985. Statutory Authority: Code of Ala. 1975, § 41-2…

(1) Any person dissatisfied with any action by the administration of the Judicial Retirement Fund may appeal by filing a written appeal to the secretary-treasurer or the chairman of the Board of Control of the Employees' Retirement System.(a) The appeal must distinctly set forth …

These rules and regulations are adopted by the Public Employees' Individual Retirement Account Fund (PEIRAF) Board of Control pursuant to Section 3 of Act 82-776 (Code of Ala. 1975, §§ 36-27A-1 through 36-27A-7). Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin…

The intent of the legislative act creating PEIRAF, and the Board of Control in adopting these rules, is to make tax deductible retirement contribution accounts available to public employees of the State of Alabama so as to enable those employees to conveniently and economically r…

All public employees who are members of the Teachers' Retirement System, Employees' Retirement System, or Judicial Retirement Fund are members of PEIRAF and are eligible to make voluntary contributions. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. …

All employees of employers eligible to participate in the Employees' Retirement System pursuant to Code of Ala. 1975, § 36-27-6, shall be members and shall be eligible to contribute to the same extent and subject to the same restrictions as members of the Teachers' Retirement Sys…

The PEIRAF administrative staff may require proof of employment status in an eligible position in any case of doubt, and in such case the secretary-treasurer may determine eligibility. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-5-2-.03 Filed …

All contributions to PEIRAF will be considered deductible contributions and redesignation of contributions will not be permitted. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-5-3-.01 Filed September 30, 1982; effective October 1, 1982. Statutor…

Contributions shall not exceed the lesser of $2,000 or 100 percent of the employee's gross income for any taxable year and no contribution may be made by an employee after reaching the age of 70 1/2 years. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code …

Contributions may be made by payroll deduction and such contribution shall be submitted to the PEIRAF and reported by the employer on a form prescribed by the PEIRAF administrative staff. Contributions may also be made by a lump sum payment submitted directly by the employee to P…

Payroll deducted contributions shall be submitted to PEIRAF monthly by the employer in conjunction with the employer's submittal of contributions to the Employees' and Teachers' Retirement Systems. Direct lump sum payments may be made at any time. Payroll contributions shall be c…

The investment staff will invest the fund's assets in the same type investments and subject to the same guidelines and limitations as applicable to investments made by the Teachers' and Employees' Retirement Systems and within the limitations provided in Section 4 of Act No. 82-7…

Investments will be reviewed and approved by this Board in the same manner that investments are reviewed and approved by the investment committees of the Teachers' and Employees' Retirement Systems. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-…

Earnings will be credited to each participant's account on March 31 and September 30 of each year. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-5-4-.03 Filed September 30, 1982; effective October 1, 1982. Statutory Authority: Code of Ala. 1975,…

Requests for withdrawals shall be submitted on forms prescribed by the administrative staff. Withdrawals will be disbursed monthly with earnings payable up to and including that credited on the most recent previous posting date. Author: William T. Stephens, General Counsel, RSA. …

No partial withdrawals will be permitted. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-5-5-.02 Filed September 30, 1982; effective October 1, 1982. Statutory Authority: Code of Ala. 1975, § 36-274-3.

Any employee who withdraws funds from his account may resume participation only after a six-month waiting period. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-5-5-.03 Filed September 30, 1982; effective October 1, 1982. Statutory Authority: Cod…

Contributions may remain on deposit after termination of employment in an eligible position. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-5-6-.01 Filed September 30, 1982; effective October 1, 1982. Statutory Authority: Code of Ala. 1975, § 36-…

Earnings will be credited to such an account as to other accounts. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-5-6-.02 Filed September 30, 1982; effective October 1, 1982. Statutory Authority: Code of Ala. 1975, § 36-27A-3.

No additional contributions may be made to such an account unless and until the account holder again becomes employed in an eligible position. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-5-6-.03 Filed September 30, 1982; effective October 1, 1…

Upon attainment of 59 1/2 years of age or becoming permanently disabled, within the meaning of the federal internal revenue law, a participant may obtain distribution or pay out of the funds in his account by filing an appropriate form prescribed by the administrative staff. Auth…

A participant eligible for and requesting distribution may elect to receive his distribution by a lump sum payment or by monthly payments in accordance with federal revenue law and regulations governing such disbursements or, in the absence of such federal law or regulations, in …

Each participating public employee may designate a beneficiary, on forms prescribed by the administrative staff, to receive any assets remaining in his account at the time of his death. This beneficiary designation may be changed at any time in writing on forms prescribed by the …

The administrative staff shall prepare and distribute annual statements to each participant on a form prescribed by the secretary-treasurer on or before June 30 of each year or such other times as may be prescribed by federal law or regulation and shall prepare and distribute suc…

The secretary-treasurer shall prepare and present an operating budget to the Board annually for its review and approval. Author: William T. Stephens, General Counsel, RSA. Notes Ala. Admin. Code r. 800-5-8-.02 Filed September 30, 1982; effective October 1, 1982. Statutory Authori…