(a) Provisions of records. The county shall provide all records and documents necessary to determine an employee’s status and eligibility for membership in the plan, upon which a service record shall be created.
Terms Used In Alabama Code 45-37-123.20
Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(b) Contributions. The county shall contribute an amount equal to six percent of an employee’s compensation from the county’s general assets to the trust fund, as provided in Section 45-37-123.80. The county also shall withhold six percent of an employee’s compensation each pay period as provided in Section 45-37-123.82. The county also shall contribute any amounts received pursuant to Section 45-37-233, attributable to pistol permits. Additionally, the county may pay into the trust fund from the general funds of the county, in such installments or times as the county may elect, an amount or amounts sufficient to assure that the system is actuarially sound.
