(a) Whenever the retired employees of the state are granted a cost-of-living pension increase either by act of the Legislature or action of the Board of Control of the State Employees’ Retirement System, the retired employees of the Huntsville Utilities Electric, Water, and Gas Boards shall be granted a cost-of-living pension increase on a percentage basis equal to any such increase granted to retired state employees. The increase for retired employees shall be funded out of any and all funds available to the Huntsville Utilities Electric, Water, and Gas Boards.
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Terms Used In Alabama Code 45-45A-34

  • state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
(b) This section shall have retroactive effect to the date that the last cost-of- living increase was granted to retired employees of the state.
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