Ala. Code § 36-27-3.1
Current with legislation from 2024 effective through April 25, 2024.
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.
Ala. Code § 36-27-3.1 (1975)