GroundRules
Ala. Code § 45-49A-63.64: Cost-of-Living Increases.
Where this section sits in the code
- Title 45 Local Laws.
- Chapter 49A Mobile County Municipalities.
- Article 6 Mobile.
- Part 4 Policemen’s and Firemen’s Pension and Relief System.
- Subpart 4 Eligibility for and Amount of Benefits.
The board, after consultation with its actuary and other advisors, may from time to time grant such cost-of-living increases in the benefits being paid to all retired members, or certain classes of retired members, as the board deems prudent, but only if such increases would have no material adverse impact on the funded status of the plan.
Collected 2026-09-03T14:01:53Z. Source file · JSON