Alabama Code > Title 16 > Chapter 25 > Article 12 – Cost-of-Lving Adjustment Where Effective Date of Retirement Prior to October 1, 2006
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§ 16-25-200 | Increase in benefits to members and beneficiaries |
Terms Used In Alabama Code > Title 16 > Chapter 25 > Article 12 - Cost-of-Lving Adjustment Where Effective Date of Retirement Prior to October 1, 2006
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- following: means next after. See Alabama Code 1-1-1
- month: means a calendar month. See Alabama Code 1-1-1
- person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
- 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
- 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