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Official Government Sites
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Section 36-27-6.1Participation of employees of counties, towns, public or quasi-public organizations, etc. - Purchase of service credit.
Any public official authorized by local constitutional amendment to participate in the Employees' Retirement System of Alabama and to purchase service credit in the retirement system for the time the official has served in the office he is holding at the time of ratification of the amendment may purchase the service credit provided such official has not previously received credit for the requested service in any other public pension fund by paying to the Secretary-Treasurer of the Employees' Retirement System, within one year from the date of ratification of the local constitutional amendment, a sum equal to the total contributions which he would have made had he been authorized to participate during his tenure in office plus eight percent interest on such total contributions compounded annually from the date of such service. Provided, however, that if the local constitutional amendment has been ratified prior to May 7, 1997, any public official authorized by that amendment to participate in the Employees' Retirement System of Alabama may purchase the service credit following the procedures set out herein within one year from May 7, 1997.
(Acts 1997, No. 97-300, p. 521, §1.)
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