§ 16-25C-1 Legislative intent
§ 16-25C-2 Definitions
§ 16-25C-3 Fund; creation; board of control
§ 16-25C-4 Operation of board
§ 16-25C-5 Investments
§ 16-25C-6 Participation
§ 16-25C-7 Contributions
§ 16-25C-8 Administrative cost
§ 16-25C-9 Relation to other retirement provisions

Terms Used In Alabama Code > Title 16 > Chapter 25C

  • board: The Board of Control of the Public Education Employees' Defined Contribution Savings Fund. See Alabama Code 45-20-71.21
  • ELIGIBLE EMPLOYER: An employer or other entity who compensates a participant for the public service. See Alabama Code 45-20-71.21
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • fund: The Public Education Employees' Defined Contribution Savings Fund. See Alabama Code 45-20-71.21
  • participant: A person who elects to participate in the fund who makes voluntary employee contributions into a 457 deferred compensation plan or a 403(b) tax sheltered annuity plan and who is a member of the Teachers' Retirement System. See Alabama Code 45-20-71.21