Ala. Admin. Code r. 800-2-5-.01

Current through Register Vol. 43, No. 02, November 27, 2024
Section 800-2-5-.01 - Organization And Operations

The principal purpose of the Employees' Retirement System is the provision of retirement allowances to employees of the State of Alabama and to employees of such political subdivisions of the state and such public and quasi-public agencies and organizations as elect to participate in the system, and, incidental thereto, the management and investment of Employees' Retirement System pension funds. The responsibility for the general administration and proper operation of the Employees' Retirement System is vested in a board of trustees which is called the Board of Control of the Employees' Retirement System of Alabama. The Board of Control is constituted as provided by statute, specifically Code of Ala. 1975, § 16-25-19. The chief executive officer of the Employees' Retirement System is the secretary-treasurer who is elected by the Board of Control. Individual member accounts and pensions are administered by the administrative staff of the Employees' Retirement System under the secretary-treasurer and supported by other administrative divisions. Information regarding the Employees' Retirement System of Alabama or individual member accounts may be obtained from, and submissions and requests may be made to, The Employees' Retirement System of Alabama, 135 South Union Street, Montgomery, Alabama 36130.

Author: William T. Stephens, General Counsel, RSA.

Ala. Admin. Code r. 800-2-5-.01

Filed May 20, 1985; effective June 25, 1985.

Statutory Authority:Code of Ala. 1975, § 41-22-4.