Alabama § 36-27C-6 Participation

Alabama Statutes

§ 36-27C-6 — Participation

Alabama § 36-27C-6

Title 36Public Officers and Employees

Ch. 27CPublic Employees Defined Contribution Savings Plan

This text of Alabama § 36-27C-6 (Participation) 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 § 36-27C-6 (2026).

Text

(a)Participation in this fund shall be voluntary under regulations adopted by the board and in accordance with the Internal Revenue Code.

(b)Any person who becomes ineligible for participation in the fund due to the termination of his or her employment with an eligible employer, or due to other reasons, may leave his or her vested accumulations on account with the fund. In that event, no further contributions may be accepted on the account of the person unless the person is reemployed by an eligible employer or again becomes eligible.

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(a) Participation in this fund shall be voluntary under regulations adopted by the board and in accordance with the Internal Revenue Code.
(b) Any person who becomes ineligible for participation in the fund due to the termination of his or her employment with an eligible employer, or due to other reasons, may leave his or her vested accumulations on account with the fund. In that event, no further contributions may be accepted on the account of the person unless the person is reemployed by an eligible employer or again becomes eligible.