Alabama Statutes
§ 45-52A-32 — Retirement Pension Benefits
The governing body of the City of Decatur is authorized and empowered to grant a retirement pension benefit in the amount of ($50) fifty dollars per month to those retired employees of the city or their designated beneficiaries who are currently receiving a retirement pension benefit from the city’s initial retirement plan with the Mutual Savings Life Insurance Company. The pension benefits granted to such retirees or their beneficiaries shall be paid from the city general fund.
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Legislative History
(Act 90-285, p. 378, § 1.)
Nearby Sections
15
§ 45-1-10
Disclaimer,§ 45-1-100.01
Superintendent of Education§ 45-1-100.02
Insuring School Buildings and Property§ 45-1-110
Compensation of Poll Workers§ 45-1-120
Reserved§ 45-1-130
Duties of County Engineer§ 45-1-140
Reserved§ 45-1-150
Reserved§ 45-1-160
Reserved§ 45-1-180
Reserved§ 45-1-190
Reserved§ 45-1-20
Licensing and Regulation; Violations