Title 14 — Education, Libraries, and Museums
36 chapters · 1,018 sections in this title.
AS 14.25.003 Administrator.
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(a) The commissioner of administration or the commissioner's designee is the administrator of the system. (b) The commissioner of administration shall adopt regulations to govern the operation of the system.
AS 14.25.004 Powers and duties of the administrator.
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(a) The administrator shall (1) establish and maintain an adequate system of accounts; (2) transmit the funds deposited in the system to the retirement fund established and maintained by the Alaska Retirement Management Board; (3) approve or disapprove claims for retirement benef…
AS 14.25.005 Regulations.
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(a) Regulations adopted by the commissioner of administration under this chapter relate to the internal management of a state agency, and the adoption of the regulations is not subject to AS 44.62 (Administrative Procedure Act). (b) Notwithstanding (a) of this section, a regulati…
AS 14.25.006 Appeals.
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An employer, member, annuitant, or beneficiary may appeal a decision made by the administrator to the office of administrative hearings established under AS 44.64. An aggrieved party may appeal a final decision to the superior court.
AS 14.25.007 Investment management of retirement system funds.
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The Alaska Retirement Management Board established under AS 37.10.210 is the fiduciary of the system funds.
AS 14.25.008 Definitions.
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Article 2. Teachers' Defined Benefit Retirement Plan. In AS 14.25.001 — 14.25.008, (1) “plan” means a retirement plan established in AS 14.25.009 — 14.25.220 or the retirement plan established in AS 14.25.310 — 14.25.590; (2) “system” means all retirement plans established under …
AS 14.25.009 Applicability of AS 14.25.009 — 14.25.220.
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The provisions of AS 14.25.009 — 14.25.220 apply only to members first hired before July 1, 2006.
AS 14.25.010 Retirement plan established; federal qualification requirements.
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(a) A joint-contributory retirement plan for teachers of the state is created. (b) The retirement plan established by AS 14.25.009 — 14.25.220 is intended to qualify under 26 U.S.C. 401(a) and 414(d) (Internal Revenue Code) as a qualified retirement plan established and maintaine…
AS 14.25.012 Purpose and effective date.
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(a) [Repealed, § 132 ch 9 FSSLA 2005.] (b) The plan created in AS 14.25.009 — 14.25.220 became effective as of July 1, 1955, at which time contributions by the participating employers and members began. (c) Employees first hired after June 30, 2006, are not eligible to participat…
AS 14.25.015 Secs. 14.25.015 — 14.25.037. Administrator; Powers of the administrator; Regulations; Duties of the administrator; Teachers' Retirement Board; Hearings. [Repealed, § 132 ch 9 FSSLA 2005.]
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[Repealed or reserved.]
AS 14.25.040 Membership; credited service.
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(a) Unless a teacher or member participates in a university retirement program under AS 14.40.661 — 14.40.799 or has elected under AS 14.25.540 to participate in the plan established in AS 14.25.310 — 14.25.590, a teacher or member contracting for service with a participating emp…
AS 14.25.043 Reemployment of retired members.
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(a) Except as provided in (f) of this section, if a retired member again becomes an active member, benefit payments may not be made during the period of reemployment. During the period of reemployment, deductions from the member's salary will be made in accordance with AS 14.25.0…
AS 14.25.045 Participation by National Education Association employees. [Repealed, § 116(a) ch 20 SLA 2007.]
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[Repealed or reserved.]
AS 14.25.047 Participation by Special Education Service Agency employees.
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An employee of the Special Education Service Agency may participate in the plan under AS 14.25.009 — 14.25.220 if (1) the employee possesses or is eligible to possess a teacher certificate under AS 14.20.020; and (2) the employee pays all retroactive contributions required to be …
AS 14.25.048 Teachers of Alaska Native language and culture.
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(a) Except as provided in (d) of this section, an employee employed by a participating employer on or after June 5, 1988, shall participate in the plan under AS 14.25.009 — 14.25.220 if the employee (1) teaches Alaska Native language or culture in a permanent full-time or permane…
AS 14.25.050 Contributions by members.
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(a) Except as provided in (c) of this section, beginning January 1, 1991, each member shall contribute to the plan an amount equal to 8.65 percent of the member's base salary accrued from July 1 to the following June 30. The employer shall deduct the contribution from the member'…
AS 14.25.055 Supplemental contributions by teachers.
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If a teacher first joined the plan before July 1, 1982, and is married or has a minor child and wishes to make a spouse or minor child eligible for a spouse's pension or a survivor's allowance, the teacher may elect to make a supplemental contribution of an additional one percent…
AS 14.25.060 Arrearage indebtedness.
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(a) If a member first joined the plan before July 1, 1990, and has military service or Alaska Bureau of Indian Affairs (BIA) service, or if a member joined the plan before July 1, 1978, and has creditable outside service, the member may claim this service. If the member claims th…
AS 14.25.061 Retroactive indebtedness.
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(a) A member who was not subject to the provisions of AS 14.25.009 — 14.25.220, but who becomes subject to them because of a legislative change, may elect to receive credit for retroactive membership service by contributing to the plan an amount equal to the contributions the mem…
AS 14.25.062 Reinstatement indebtedness. [Repealed, § 133, ch 9 FSSLA 2005.]
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[Repealed or reserved.]
AS 14.25.063 Payment of indebtedness.
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(a) In AS 14.25.009 — 14.25.220, a member does not have to be reemployed under this plan in order to make indebtedness payments. However, except as provided in (d) of this section, a former member must be reemployed under this plan in order to make indebtedness payments. Payments…
AS 14.25.065 Transmittal of contributions; claims against funds of an employer.
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(a) All contributions deducted in accordance with AS 14.25.050 and 14.25.055 shall be transmitted to the plan for deposit in the retirement fund no later than 15 days following the close of the payroll period, with the final contributions due for any school year transmitted no la…
AS 14.25.070 Contributions by employers.
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(a) Each employer shall contribute to the system every payroll period an amount calculated by applying a rate of 12.56 percent to the total of all base salaries paid by the employer to active members of the system and to members who are retired from the plan and reemployed under …
AS 14.25.075 Purchase of credited service.
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(a) An employee who is eligible to purchase credited service under AS 14.25.047 or 14.25.048, a member who is eligible to purchase credited service under AS 14.25.048, 14.25.050, 14.25.060, 14.25.061, 14.25.100, or 14.25.107, or a teacher who is eligible to purchase credited serv…
AS 14.25.080 Contributions by the state. [Repealed, § 25 ch 91 SLA 1987.]
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[Repealed or reserved.]
AS 14.25.085 Additional state contributions.
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In addition to the contributions that the state is required to make under AS 14.25.070 as an employer, the state shall contribute to the plan each July 1 or, if funds are not available on July 1, as soon after July 1 as funds become available, an amount for the ensuing fiscal yea…
AS 14.25.087 Contributions for medical benefits.
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Contributions made by an employer under AS 14.25.070 and 14.25.085 shall be separately computed for benefits provided by AS 14.25.168 and shall be deposited in the Alaska retiree health care trust established under AS 39.30.097(a).
AS 14.25.090 Contributions by the state for arrearages. [Repealed, § 7 ch 66 SLA 1973.]
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[Repealed or reserved.]
AS 14.25.100 Credit for service in the armed forces.
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(a) A member who served as an active member of the armed forces of the United States may receive credited service under this plan up to a maximum of five years if the member received a discharge under other than dishonorable conditions and is not entitled to receive retirement be…
AS 14.25.105 Credit for service as an employee of the Territory of Alaska.
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(a) A teacher who completes 15 years of membership service under AS 14.25.009 — 14.25.220 may elect to receive credited service for employment rendered to the Territory of Alaska before January 3, 1959, regardless of the office, department, division or agency of the territory in …
AS 14.25.107 Credit for Alaska BIA service.
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A member who joins the plan on or after July 1, 1978, who has Alaska BIA service may claim all of that service as credited service. A retirement benefit payable under AS 14.25.009 — 14.25.220 for Alaska BIA service shall be reduced by an amount equal to the retirement benefits pa…
AS 14.25.110 Retirement benefits.
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(a) Subject to AS 14.25.167, a member is eligible for a normal retirement benefit if the member (1) was first hired before July 1, 1975, has attained the age of 55 years, and has at least 15 years of credited service, the last five of which have been membership service, or is oth…
AS 14.25.115 Unused sick leave credit.
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(a) A teacher in membership service on or after July 1, 1977, who is appointed to retirement on or after July 1, 1978, may elect to apply unused sick leave credit in computing the total number of years of credited service under AS 14.25.110(d) except for sick leave earned while p…
AS 14.25.120 Manner of computing service retirement salary. [Repealed, § 50 ch 13 SLA 1980.]
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[Repealed or reserved.]
AS 14.25.125 Conditional service retirement benefits.
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(a) Subject to AS 14.25.167, a member is eligible for a normal retirement salary at age 60 with at least (1) two years membership service if the member also is eligible for a normal retirement benefit under the public employees' retirement system (AS 39.35); or (2) one year of me…
AS 14.25.130 Disability benefits.
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(a) A member who has five or more years of membership service is eligible for a disability pension if, after July 1, 1966, and before the member's normal retirement date, the member's employment is terminated because of a permanent disability as defined in AS 14.25.220. (b) [Repe…
AS 14.25.135 Secs. 14.25.135 — 14.25.140. Deferred retirement benefits; notification of intent to retire; manner of computing disability retirement salary. [Repealed, § 50 ch 13 SLA 1980.]
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[Repealed or reserved.]
AS 14.25.142 Cost-of-living allowance.
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(a) While residing in the state, a person receiving a benefit under AS 14.25.009 — 14.25.220 who is at least 65 years of age or who is receiving a disability benefit under AS 14.25.009 — 14.25.220 is entitled to receive a monthly cost-of-living allowance in addition to the basic …
AS 14.25.143 Post retirement pension adjustment.
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(a) Once each year, the administrator shall increase benefit payments to eligible disabled members, to persons age 60 or older receiving benefits under this plan in the preceding calendar year, and to persons who have received benefits under this plan for at least eight years who…
AS 14.25.145 Interest on individual accounts.
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Interest shall be credited to each teacher's account at the end of each school year at the rate prescribed by the board for that year.
AS 14.25.150 Refund upon termination.
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(a) Except as provided in (b) of this section, a terminated member is entitled to a refund of the balance of the member contribution account. A member is not entitled to a refund of supplemental contributions except as provided in AS 14.25.160(a). (b) A member who is terminated a…
AS 14.25.153 Rights under qualified domestic relations order.
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A former spouse shall be treated as a spouse or surviving spouse under AS 14.25.009 — 14.25.220 to the extent required by a qualified domestic relations order. Rights under the order do not take effect until the order is filed with the administrator.
AS 14.25.155 Nonoccupational death benefits.
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(a) If the death of a member occurs after completing less than one year of membership service and the proximate cause of death is not a bodily injury sustained or hazard undergone while in the performance and within the scope of the member's duties of employment, the member's des…
AS 14.25.157 Occupational death benefits.
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(a) If (1) the death of a member occurs before the member first attains eligibility for normal retirement, and (2) the proximate cause of death is a bodily injury sustained or hazard undergone while in the performance and within the scope of the member's duties of employment, and…
AS 14.25.160 Death benefits.
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(a) A death benefit shall be paid and any supplemental contributions shall be refunded to the designated beneficiary, upon receipt of a valid claim and proof of the death of a member who (1) is not retired and is not eligible for benefits under AS 14.25.162 or 14.25.164; and (2) …
AS 14.25.162 Survivor's allowance.
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(a) If an active or disabled member dies and leaves a dependent child, and supplemental contributions have been made under AS 14.25.055 for at least one year of credited service, a survivor's allowance is payable under (b) of this section. If a retired member or a deferred vested…
AS 14.25.163 Rollover distributions and rollover contributions.
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(a) A distributee may elect, at the time and in the manner prescribed by the administrator, to have all or part of an eligible rollover distribution paid directly to an eligible retirement plan specified by the distributee in the direct rollover. (b) Except as provided by AS 14.2…
AS 14.25.164 Spouse's pension.
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(a) If an active or disabled member dies, a pension is payable to the member's spouse if the member made supplemental contributions under AS 14.25.055 for at least one year of credited service. If a retired member or deferred vested member dies, a pension is payable to the member…
AS 14.25.165 Distribution requirements.
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(a) The entire interest of a member must be distributed or must begin to be distributed not later than the member's required beginning date. (b) If a member dies after the distribution of the member's interest has begun but before the distribution has been completed, the remainin…
AS 14.25.166 Designation of beneficiary.
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(a) Each member shall designate the beneficiary or beneficiaries to whom the administrator shall distribute benefits payable under AS 14.25.009 — 14.25.220 as a consequence of the member's death. Notwithstanding a previous designation of beneficiary, a person who is the spouse of…