Alabama § 36-27-3.1 Offset of Rate Increases

Alabama Statutes

§ 36-27-3.1 — Offset of Rate Increases

Alabama § 36-27-3.1

Title 36Public Officers and Employees

Ch. 27State Employees’ Retirement System

Art. 1General Provisions

This text of Alabama § 36-27-3.1 (Offset of Rate Increases) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 36-27-3.1 (2026).

Text

If the positive investment performance of any retirement system administered by the Retirement Systems of Alabama results in a decrease in the total contribution rate paid by employers and employees participating in such a system, the Retirement Systems of Alabama shall first reduce the employee contribution rate, in an effort to at least partially offset the rate increases provided for in Act 2011-676.

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If the positive investment performance of any retirement system administered by the Retirement Systems of Alabama results in a decrease in the total contribution rate paid by employers and employees participating in such a system, the Retirement Systems of Alabama shall first reduce the employee contribution rate, in an effort to at least partially offset the rate increases provided for in Act 2011-676.