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143 chapters · 3,669 sections in this title.
Ala. Code § 11-104-1 Short Title
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The name of this chapter is the Post-Employment Benefits Act of 2008. (Act 2008-503, p. 1109, §1.)
Ala. Code § 11-104-2 Definitions
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As used in this chapter, the following terms shall have the following meanings: (1) DEPENDENTS. The spouse, children, or other dependents of the retired employee, as defined by and covered under the documents governing the governmental entities’ benefit plans that provide post-em…
Ala. Code § 11-104-3 Establishment of Trust or Participation in Multiple-Employer Trust; Management and Control; Taxation; Validity; Termination
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(a) A governmental entity may adopt an ordinance, bylaw, or resolution allowing for the establishment of a trust, or for the establishment of participation in a multiple-employer trust with other governmental entities, for the sole purpose of funding post-employment benefit oblig…
Ala. Code § 11-104-4 Trustees
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(a) A governmental entity or entities may retain as a trustee any financial institution, committee, association, person, or persons which it deems capable, competent, experienced, and appropriate for serving in such capacity. (b) The powers and duties of the trustee shall be evid…