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Current as of December 30, 2022 | Updated by FindLaw Staff
(a) A member who terminates his or her employment as a uniformed officer, other than by reason of death or disability, after he or she has 15 years of service, the last 10 years of service being without a break in service exceeding one year, but before he or she is eligible to receive a benefit under Section 45-49A-63.60, shall receive a benefit equal to the benefit he or she would otherwise receive under Section 45-49A-63.60. The benefit shall be payable in accordance with Subpart 5 beginning on the first day following the later of his or her termination of employment as a uniformed officer or his or her 65th birthday.
(b) If a member who does not have at least 15 years of service, the last 10 years of service being without a break in service exceeding one year, terminates his or her employment as a uniformed officer before becoming eligible for a retirement benefit under Section 45-49A-63.60 for any reason other than death or disability, he or she shall receive a single sum equal to his or her contributions to the plan under Section 45-49A-63.102 as soon as practicable following his or her termination of employment.
Cite this article: FindLaw.com - Alabama Code Title 45. Local Laws § 45-49A-63.62 - last updated December 30, 2022 | https://codes.findlaw.com/al/title-45-local-laws/al-code-sect-45-49a-63-62/
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