Ala. Admin. Code r. 800-1-5-.01

Current through Register Vol. 43, No. 1, October 31, 2024
Section 800-1-5-.01 - Organization And Operations

The principal purpose of the Teachers' Retirement System is the provision of retirement allowances to public school teachers of the State of Alabama and other related educational employees as provided by state statute, and, incidental thereto, the management and investment of Teachers' Retirement System pension funds. The responsibility for the general administration and proper operation of the Teachers' Retirement System is vested in a board of trustees which is called the Board of Control of the Teachers' Retirement System of Alabama. The Board of Control is constituted as provided by statute, specifically Code of Ala. 1975, § 16-25-19. The chief executive officer of the Teachers' Retirement System is the secretary-treasurer elected by the Board of Control. Individual teacher accounts and pensions are administered by the administrative staff of the Teachers' Retirement System under the secretary-treasurer and supported by other administrative divisions. Information regarding the Teachers' Retirement System of Alabama or individual member accounts may be obtained from, and submissions and requests may be made to, The Teachers' Retirement System of Alabama, 135 South Union Street, Montgomery, Alabama 36130.

Author: William T. Stephens, General Counsel, RSA.

Ala. Admin. Code r. 800-1-5-.01

Filed May 20, 1985; effective June 25, 1985.

Statutory Authority:Code of Ala. 1975, § 41-22-4.