Alaska Administrative Code

(a) When a person is required to make a filing with the division, including a notice of appeal, or with the commissioner of administration within a certain time period under AS 14.25 or this chapter, the effective date of that filing is the day it is received by the division or t…

(a) For purposes of compliance with the Internal Revenue Code 401(a)(7), the normal retirement benefit calculated under AS 14.25.470 is nonforfeitable upon attainment of normal retirement age. (b) Notwithstanding (a) of this section, a normal retirement benefit is subject to the …

For purposes of compliance with the Internal Revenue Code, the defined contribution plan (AS 14.25.310-14.25.590) will be treated as an Internal Revenue Code sec. 414(k) (26 U.S.C. 414(k)) plan in which savings are accumulated in an individual retirement account for the exclusive…

(a) For purposes of compliance with the Internal Revenue Code 401(a)(7), the normal retirement benefit calculated under AS 14.25.110 is nonforfeitable upon attainment of normal retirement age. (b) Notwithstanding (a) of this section, a normal retirement benefit is subject to the …

(a) A nonvested member of the defined benefit plan (AS 14.25.009-14.25.220) who wishes to participate in the defined contribution plan (AS 14.25.310-14.25.590) under AS 14.25.540 must make that election within 12 months of the effective date of the member's employer's election to…

(a) Pursuant to AS 14.25.320 and for purposes of compliance with the Internal Revenue Code of 1986, as amended, and applicable Treasury Regulations, the Teachers' Retirement System Tier 3 Defined Contribution Plan under AS 14.25.310 - AS 14.25.590 hereby adopts by reference, as p…

Notes 2 AAC 36.100 In effect before 10/21/83, Register 93; am 12/6/85, Register 99; am 11/18/90, Register 122; am 11/29/92, Register 126; am 4/25/97, Register 150; am 1/7/2001, Register 159; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently ha…

Notes 2 AAC 36.110 In effect before 10/21/83, Register 93; am 12/6/85, Register 99; am 7/12/90 (not printed); am 11/18/90, Register 122; am 11/29/92, Register 126; am 4/25/97, Register 150; am 1/7/2001, Register 159; repealed 7/20/2006, Register 179 State regulations are updated …

Notes 2 AAC 36.115 Eff. 7/12/90 (not printed); am 11/18/90 Register 122; am 1/7/2001, Register 159; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the pr…

Notes 2 AAC 36.117 Eff. 9/29/2001, Register 159; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features wil…

Notes 2 AAC 36.120 In effect before 10/21/83, Register 93; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison fe…

Notes 2 AAC 36.130 In effect before 10/21/83, Register 93; am 4/25/97, Register 150; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly r…

Notes 2 AAC 36.140 In effect before 10/21/83, Register 93; am 7/12/90 (not printed); am 11/18/90, Register 122; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent versio…

Notes 2 AAC 36.145 Eff. 9/29/2001, Register 159; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features wil…

Notes 2 AAC 36.150 In effect before 10/21/83, Register 93; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison fe…

Notes 2 AAC 36.160 In effect before 10/21/83, Register 93; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison fe…

Notes 2 AAC 36.165 Eff. 3/18/2004, Register 172; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features wil…

Notes 2 AAC 36.170 In effect before 10/21/83, Register 93; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison fe…

Notes 2 AAC 36.180 In effect before 10/21/83, Register 93; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison fe…

All of the fixed benefits in the defined contribution plan (AS 14.25.310-14.25.590) are subject to the limitation on benefits in sec. 415(b) of the Internal Revenue Code (26 U.S.C. sec. 415(b)), including monthly disability payments under AS 14.25.485 and monthly survivor pension…

Notes 2 AAC 36.182 Eff. 6/22/2006, Register 179; am 9/13/2006, Register 180; repealed 1/13/2010, Register 193 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. …

(a) A period during which a member of the defined contribution plan (AS 14.25.310-14.25.590) is receiving an occupational disability benefit under AS 14.25.485 constitutes membership service for the purposes of determining vesting in employer contributions under AS 14.25.390(b) a…

A member of the defined contribution plan (AS 14.25.310-14.25.590) may not elect distributions from the member's individual account under AS 14.25.410 while the member is receiving or entitled to receive occupational disability benefits under AS 14.25.485. A beneficiary of a dece…

Notwithstanding AS 14.25.390(b), a member of the defined contribution plan (AS 14.25.310-14.25.590) who is appointed to occupational disability under AS 14.25.485 becomes fully vested in the employer contributions made under AS 14.25.485(d)(2) as those contributions are made. Not…

Survivor benefits under AS 14.25.485(i) and AS 14.25.487 that are being paid to a dependent child of a member of the defined contribution plan (AS 14.25.310-14.25.590) shall terminate on the last day of the month in which the dependent child ceases to be a dependent child as defi…

Notes 2 AAC 36.187 Eff. 6/22/2006, Register 179; repealed 1/13/2010, Register 193 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features wil…

(a) For purposes of this chapter, at retirement, a member's termination from employment is considered valid only if there is no prearrangement between the member and the employer for continued employment in any capacity after the retirement effective date. If any prearrangement t…

Except as may be expressly authorized by AS 14.25.220(6), "remuneration" (1) means only the salary paid under contract to an employee for standard services rendered; (2) does not include bonuses paid for retirement incentives, or additional pay outside the standard salary contrac…

A designation of beneficiary, a change or revocation of a beneficiary, or a consent to a revocation of a beneficiary must be made on a form provided by the administrator and filed with the plan administrator or the administrator's designee. The administrator's designee is the ent…

(a) After a member covered under AS 14.25.310-14.25.590 is divorced or the member's marriage is dissolved, the member's former spouse has no individual rights or entitlements to benefits from the system, but may, under a qualified domestic relations order, establish a separate in…

(a) For purposes of the definition of "teacher" and "member" in AS 14.25.220 and 14.25.590, a person is considered certificated and may remain in the teachers' retirement system if the person provides the administrator with evidence acceptable to the administrator that the person…

In addition to distribution options under AS 14.25.420(a), a participant may elect to receive the participant's share of the individual account in a periodic payment paid monthly, quarterly, semi-annually, or annually, which allows the participant to receive benefit payments out …

A member who has been credited with service under AS 14.25.107 may, at the administrator's discretion, be required to provide the administrator with proof of the benefit amount the member is receiving from the United States government for that same period of service, or proof tha…

(a) The Alaska cost-of-living allowance established under AS 14.25.142 accrues from the first day of the month after written application from the member, in a form prescribed by the administrator, is either hand-delivered to the division of retirement and benefits, or is mailed t…

(a) For the purposes of the version of AS 14.25.143 in effect before July 1, 1990, the change in the cost of living shall be determined by using the Consumer Price Index (CPI) for Urban Wage Earners and Clerical Workers issued for Anchorage, Alaska. The most recent available CPI …

(a) A benefit overpayment by the defined benefit plan of the Teachers' Retirement System (AS 14.25.009-14.25.220), other than one described in AS 14.25.173(b) or waived under AS 14.25.175, must be recovered by applying a lifetime actuarial reduction to the benefit recipient's fut…

(a) For the purposes of eligibility for retirement benefits under AS 14.25.110(a) and (b), "membership service" and "credited service" mean membership and credited service, respectively, for which no indebtedness is owed at the time of retirement. (b) For the purposes of eligibil…

For purposes of AS 14.25.130(e), eligible for normal retirement means: (1) for a member first joining the system before July 1, 1990, reaches age 55 with at least 8 years of credited service for which no indebtedness is due or accrues sufficient paid-up credited service, includin…

A member of the defined benefit plan of the Teachers' Retirement System (AS 14.25.009-14.25.220) with combined part-time and full-time membership service may retire at any age only if the member worked a full school year for each of 20 school years in a qualifying part-time or fu…

Notes 2 AAC 36.236 Eff. 7/5/2001, Register 167; readopt 7/20/2006, Register 179; repealed 1/13/2010, Register 193 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly relea…

Notes 2 AAC 36.237 Eff. 7/5/2001, Register 167; am/readopt 7/20/2006, Register 179; repealed 1/13/2010, Register 193 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly re…

Notes 2 AAC 36.240 Eff. 3/30/84, Register 93; am 1/7/2001, Register 159; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More…

Notes 2 AAC 36.241 Eff. 1/7/2001, Register 159; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will…

Notes 2 AAC 36.245 In effect before 10/21/83, Register 93; am 5/3/89, Register 111; repealed 7/20/2006, Register 179 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly re…

Notes 2 AAC 36.247 Effective 11/18/90, Register 122; repealed 1/7/2001, Register 159 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features …

(a) This section applies to a member's obligations under AS 14.25.055 (supplemental contributions) and entitlements under AS 14.25.162 (survivor's allowance) and AS 14.25.164 (spouse's pension). (b) A member who elects to make a supplemental contribution under AS 14.25.055 shall …

The only dependent other than a spouse whom the administrator will approve as a contingent beneficiary for a joint and survivor benefit under AS 14.25.167 is a disabled child of the employee who is principally dependent upon the employee for support and who is totally and presuma…

For purposes of AS 14.25.166(a) and in accordance with AS 13.12.804(a)(1)(A), a divorce, a dissolution of marriage, or an annulment of a marriage revokes a revocable disposition or appointment of property. If a member designates a spouse as a beneficiary and is subsequently divor…

(a) After a member covered under AS 14.25.009-14.25.220 is divorced or the member's marriage is dissolved, the member's former spouse has no individual rights or entitlements to benefits from the system, but may, under a qualified domestic relations order, share in the stream of …

For the purpose of calculating the actuarial cost of a public service benefit under AS 39.35.375, interest earned on contributions and indebtedness payments means the total investment returns on those contributions and payments. Notes 2 AAC 36.260 Eff. 1/7/2001, Register 159; rea…