Alaska Administrative Code

The supplemental benefits system will use tables containing unisex annuity factors and unisex insurance factors in all appropriate computations. Notes 2 AAC 37.172 Eff. 11/9/89, Register 114 Authority:AS 39.30.155 State regulations are updated quarterly; we currently have two ver…

Notes 2 AAC 37.173 Repealed 11/16/90. Effective 11/16/90, Register 118, the substance of the repealed 2 AAC 37.173 is contained in 2 AAC 37.180. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent versio…

Notes 2 AAC 37.175 Repealed 2/1/89. 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 be added as we have more versions to compare…

The administrator will release information regarding personal or financial data on employees or former employees in accordance with policies promulgated by the administrator. The administrator will release information on an employee or former employee to that individual, to the i…

(a) The administrator shall establish the supplemental annuity trust fund as a separate trust fund of the supplemental benefits system. The assets of the individual employee annuity accounts must be deposited and held in the fund for the exclusive benefit of the participating emp…

The supplemental benefits system will maintain separate employee benefit accounts for the employees of each participating employer. If an employee who is employed by more than one participating employer terminates employment with a participating employer, that employee will be co…

(a) For purposes of compliance with the Internal Revenue Code of 1986, as amended, and applicable Treasury Regulations, the Supplemental Annuity Plan under AS 39.30.150 - AS 39.30.180 hereby adopts by reference, as part of the Plan, the Retirement System IRS Compliance Policy dat…

Notes 2 AAC 37.190 Repealed 2/1/89. 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 be added as we have more versions to compare…

Notes 2 AAC 37.200 Repealed 4/27/91. 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 be added as we have more versions to compar…

If the administrator has no record of receipt of an application for enrollment in the plan, a request for change (such as change of address, beneficiaries, type of investments and dollar amount of investments), selection of deferral date, or selection of form of payment and benef…

(a) The benefit commencement date under the plan is the 60th day following termination of employment unless the participant elects to defer commencement of benefits. A participant's election to defer commencement of benefits must be made on a form prescribed by the administrator …

If a postmark is illegible or undated, the postmark day is rebuttably presumed to be five working days before receipt by the plan office. Notes 2 AAC 37.225 Eff. 4/27/91, Register 118 Authority:AS 39.45.025 State regulations are updated quarterly; we currently have two versions a…

(a) Pursuant to AS 39.45.050 and for purposes of compliance with the Internal Revenue Code of 1986, as amended, and applicable Treasury Regulations, the Public Employees' Deferred Compensation Program under AS 39.45.010 - 39.45.060 adopts by reference, as part of the governing Pl…

The administrator will release information regarding personal or financial data on a participant or former participant, in accordance with policies adopted by the administrator, to that individual, to the individual's employer or former employer, and to state agencies authorized …

(a) In 2 AAC 37.200 - 2 AAC 37.255, unless the context requires otherwise, (1) "plan" means the State of Alaska Deferred Compensation Plan provided for under the Public Employees' Deferred Compensation Program in AS 39.45; (2) "postmark" means the official cancellation stamp, use…

(a) The prescribed rate of interest that accrues on an indebtedness owed to the national guard/naval militia retirement system (AS 26.05) is seven percent compounded semiannually on June 30 and December 31 of each year. (b) Interest shall be charged on amounts owed to the nationa…

(a) A benefit overpayment to a benefit recipient of the national guard/naval militia retirement system must be recovered by applying a lifetime actuarial reduction to the benefit recipient's future monthly benefits, unless the benefit recipient elects to pay the overpayment in a …

(a) For purposes of compliance with the Internal Revenue Code of 1986, as amended, and applicable Treasury Regulations, the National Guard and Naval Militia Retirement System under AS 26.05.222 - AS 26.05.229 hereby adopts by reference, as part of the Plan, the Retirement System …

Notes 2 AAC 38.005 In effect 11/10/2006 - 3/9/2007, by em adopt, Register 181; em am 11/21/2006 - 2/20/2007, Register 181 Neither the original language of 2 AAC 38.005, adopted by emergency action on November 10, 2006, nor the language of that section as amended by emergency acti…

Notes 2 AAC 38.010 Effective date for medical benefit provisions: 11/12/2006, Register 181; effective date for retirement systems benefits provisions: 11/16/2006, Register 181; am 1/1/2016, Register 217, April 2016 The two November 2006 effective dates for the provisions of forme…

Notes 2 AAC 38.030 Effective date for medical benefits provisions: 11/12/2006, Register 181; effective date for retirement systems benefits provisions: 11/16/2006, Register 181; am 1/1/2016, Register 217, April 2016 The two November 2006 effective dates for the provisions of form…

(a) Income will be imputed for federal tax purposes to (1) a member of a state retirement system who enrolled a same-sex partner or child of a same-sex partner before January 1, 2016 who is not an eligible dependent under 26 U.S.C. 152, without regard to 26 U.S.C. 152 (b)(1) and …

(a) Survivor benefits for a member of a state retirement system who retired before January 1, 2016 and made an irrevocable designation of a same-sex partner to receive survivor benefits are payable to a same-sex partner designated to the extent the benefits are not payable to a f…

(a) It is the responsibility of a member of a state retirement system to comply with all requirements of an insurance, retirement, or benefit plan or program, including all application, designation, affidavit, and documentation requirements, in order to provide or allow provision…

(a) Except as provided in (b) and (c) of this section, a benefit recipient may apply for long-term care insurance on an individual or joint basis by applying in accordance with 2 AAC 39.020. (b) A spouse who is receiving a survivor benefit may elect to obtain long-term care insur…

(a) A benefit recipient who elects long-term care insurance shall apply for that insurance on a form provided by the administrator. Except as provided in (b) and (c) of this section, application for that insurance must be made before the effective date of retirement. (b) A person…

Notes 2 AAC 39.030 Repealed 2/1/93. 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 be added as we have more versions to compare…

The date of postmark of the application or the date of receipt of the application by the administrator, whichever is earlier, is the date of application for long-term care insurance coverage. Notes 2 AAC 39.040 Eff. 11/12/86, Register 100 Authority:AS 39.30.090(a) State regulatio…

(a) A benefit recipient who elects long-term care insurance coverage must pay for that coverage by paying the premium established by the administrator. Premium payments are deducted from the monthly benefit warrant unless the benefit is insufficient to permit the deduction of the…

(a) Except as provided in (b) of this section, long-term care insurance coverage for a benefit recipient begins on the date that continuing monthly benefits begin. (b) Long-term care insurance coverage for a benefit recipient receiving a disability benefit is effective on the fir…

(a) A benefit recipient may change long-term care insurance coverage from joint coverage to individual coverage at any time. Once joint coverage has been discontinued, it may only be reelected in accordance with (b) of this section. (b) A benefit recipient may change from individ…

(a) A benefit recipient may discontinue participation in the long-term care insurance plan at any time by submitting a signed, written request to the administrator. If the request is received or postmarked on or before the 15th day of a month, the administrator will stop premium …

If necessary to maintain the financial integrity of the plan, the administrator may change the premiums for all plan participants and may change the terms of coverage for plan participants who are not receiving long-term care insurance benefits. Notes 2 AAC 39.090 Eff. 11/12/86, …

If a postmark is illegible or undated, the postmark day is rebuttably presumed to be five working days before receipt by the division. Notes 2 AAC 39.095 Eff. 5/11/90, Register 114 Authority:AS 39.30.090(a) State regulations are updated quarterly; we currently have two versions a…

In 2 AAC 39.010 - 2 AAC 39.100, unless the context requires otherwise, (1) "administrator" means the director of the division of retirement and benefits in the department of administration; (2) "benefit recipient" means a person who is receiving a continuing monthly benefit from …

(a) A benefit recipient may elect to obtain dental-vision-audio insurance on (1) an individual, (2) an individual plus spouse, (3) an individual plus children, or (4) a family basis by applying in accordance with 2 AAC 39.220. Individual dental-vision-audio insurance covers the b…

(a) A benefit recipient who elects dental-vision-audio insurance shall apply for that insurance on a form provided by the administrator. Except as otherwise provided in this section, application for that insurance must be made before the effective date of retirement. (b) A person…

The date of postmark of the application or, if the application does not bear a dated postmark, the date of receipt of the application by the administrator, is the date of application for dental-vision-audio insurance coverage. Notes 2 AAC 39.230 Eff. 7/1/82; am 5/31/87, Register …

(a) A benefit recipient who elects dental-vision-audio insurance coverage must pay for that coverage by paying the premium established by the administrator. Premium payments are deducted from the monthly benefit warrant unless the benefit is insufficient to permit the deduction o…

(a) Except as provided in (b) and (c) of this section, dental-vision-audio insurance coverage for a benefit recipient begins on the date that continuing monthly benefits begin. (b) Dental-vision-audio coverage for a benefit recipient receiving a disability benefit is effective on…

(a) A benefit recipient may discontinue dental-vision-audio insurance coverage for a recipient's covered dependent at any time. Once coverage has been discontinued it may be reelected only in accordance with (b),(d),or (f) of this section. (b) A benefit recipient may add coverage…

(a) An open enrollment period will be held once a year for new law benefit recipients who elect major medical insurance coverage under AS 14.25.168(d) or AS 39.35.535(c). Only during this open enrollment period may a new law benefit recipient increase or change dental-vision-audi…

(a) A benefit recipient may discontinue participation in the dental-vision-audio insurance plan at any time by submitting a signed, written request to the administrator. If the request is received or postmarked on or before the 15th day of the month, the administrator will stop p…

(a) When necessary to maintain the financial integrity of the plan, the administrator may change the premiums and the terms of coverage. (b) To change the benefits provided under dental-vision-audio insurance coverage, the administrator shall (1) propose changes to the coverage; …

If a postmark is illegible or undated, the postmark day is rebuttably presumed to be five working days before receipt by the division. Notes 2 AAC 39.285 Eff. 5/11/90, Register 114 Authority:AS 39.30.090(a) State regulations are updated quarterly; we currently have two versions a…

In 2 AAC 39.210 - 2 AAC 39.290, unless the context otherwise requires (1) "administrator" means the commissioner of the Department of Administration or their designee; (2) "benefit recipient" means a person who is receiving a continuing monthly benefit from the public employees',…

(a) A new law benefit recipient who elects to purchase major medical insurance under AS 14.25.168(d) or AS 39.35.535(c) may purchase that insurance on (1) an individual, (2) an individual plus spouse, (3) an individual plus children, or (4) a family basis, by applying for coverag…