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134 chapters · 10,612 sections in this title.
Ala. Code § 45-28A-42.59 Insufficient Funding
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If at any time there shall not be sufficient money in the policemen’s and firemen’s retirement fund to pay each person entitled to the benefit thereof, the full amount per month as herein provided or any time the principal of the fund reaches an amount of seven hundred thousand d…
Ala. Code § 45-28A-42.60 Forfeiture of Benefits During Reemployment; Retirement
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(a) No person retired after October 1, 1975, under the policemen’s and firemen’s retirement fund can be reemployed full time by the City of Gadsden in any department, without first having signed an agreement forfeiting his or her pension benefits during the time of reemployment. …
Ala. Code § 45-28A-42.61 Mandatory Retirement
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The board of trustees shall have the power and authority and it is hereby made mandatory that it shall retire from service in the police and fire departments of any city to which this subpart applies any member thereof, who has attained the age of 65 years, and the board of trust…
Ala. Code § 45-28A-42.62 Increase in Retirement Benefits
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In addition to the retirement benefits provided for herein, the board of trustees of the policemen’s and firemen’s pension fund shall have the authority, upon the vote of six of the seven trustees, to grant an increase in retirement benefits up to a maximum of 20 percent of any i…