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ERS 100 09/08 EF 100N ERS ENROLLMENT MEMBER INFORMATION RECORD FOR EMPLOYEES RETIREMENT SYSTEM USE ONLY Comments: Employees Retirement System of Alabama P. O. Box 302150 Montgomery, AL 361302150 3345177000.

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The Eligible Revenue and Support (ERS) form is a document in which organizations enter their annual sources of funding, defined as unrestricted revenue and support.

Throughout their careers with the state, employees contribute a percentage of their salaries to the ERS Retirement Trust Fund. The state also contributes to the Retirement Trust Fund on employees' behalf. ERS invests the money in the Trust Fund to increase its value. The state retirement plan is a defined benefit plan.

The only way to get money out of an ERS account is to terminate employment and withdraw the entire account.

Employee Resource System The Employee Resource System (ERS) is a process that automatically prompts supervisors to request resou.

Tier 1 member: You are eligible to retire at any age with 25 or more years of service or at age 60 with 10 or more years of service. Tier 2 member: You are eligible to retire at age 62 (age 56 for State Police and certified, full-time firefighter and law enforcement officer) with 10 or more years of service.

ERS allows unused sick leave (up to 100 days) to be used in calculating service credit; TRS does not. Faculty Only: TRS gives a full year's service credit for sabbatical at half-pay; ERS allows a half-year's credit.

Tier 1 member: You are eligible to retire at any age with 25 or more years of service or at age 60 with 10 or more years of service. Tier 2 member: You are eligible to retire at age 62 (age 56 for State Police and certified, full-time firefighter and law enforcement officer) with 10 or more years of service.

If you are in the Employees' Retirement System (ERS), no matter which retirement tier and plan you're covered under, there are important milestones you need to know.

Retirement Factors For Tier 1, a retirement factor of 2.0125% for each year of service is applied to the average of the 3 highest years of earnable compensation during the last 10 years of employment. For example, 20 years of service would generate a pension equal to 40.25 percent of the highest average pay.

There is no provision for a “loan” from your RSA-1 account. You may not withdraw from your account unless you are no longer employed with a state agency or school, are age 70½ or older, have an unforeseeable emergency, or qualify for a small balance withdrawal.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232