(a) An active and contributing member of the Teachers’ Retirement System who has 10 years of creditable service in the Teachers’ Retirement System of Alabama may purchase up to four years service credit in the system for prior service rendered as a full-time employee with the Department of Industrial Relations under the federal Comprehensive Employment and Training Act between October 1974 and November 1978.
lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Alabama Code 16-25-11.17

  • year: means a calendar year; but, whenever the word "year" is used in reference to any appropriations for the payment of money out of the treasury, it shall mean fiscal year. See Alabama Code 1-1-1
(b) Any member eligible to claim and purchase credit for service under subsection (a) shall be awarded such credit under the Teachers’ Retirement System of Alabama provided that he or she pays to the Secretary-Treasurer of the Teachers’ Retirement System, prior to the earlier of the member’s date of retirement or October 1, 2001, a lump sum equal to the full actuarially determined cost for each year of service purchased as determined by the system’s actuary. Notwithstanding the foregoing, no member of the Teachers’ Retirement System shall receive credit for any service that the member is already credited with in the system or in any other retirement plan, with the exception of the federal Social Security program.
  Previous section
Next section  
 Article 1 Contents