Current as of January 01, 2019 | Updated by FindLaw Staff
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Commencing October 1, 2005, each person whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, whose effective date of retirement for purposes of receiving benefits from the Employees' Retirement System is prior to October 1, 2004, and who is receiving a monthly allowance or is eligible to receive a monthly allowance from the Employees' Retirement System, shall receive a cost-of-living increase as described in Section 36-27-190. Beneficiaries of deceased members or deceased retirees of employers participating in the Employees' Retirement System pursuant to Sections 36-27-7 and 36-27-7.1, shall receive a cost-of-living increase of four percent in their gross monthly benefit, but not less than fifteen dollars ($15) per month.
Cite this article: FindLaw.com - Alabama Code Title 36. Public Officers and Employees § 36-27-192 - last updated January 01, 2019 | https://codes.findlaw.com/al/title-36-public-officers-and-employees/al-code-sect-36-27-192/
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