2 Alaska Admin. Code § 35.255

Current through September 25, 2024
Section 2 AAC 35.255 - Revokes a revocable disposition

For purposes of AS 39.35.490(a) and in accordance with AS 13.12.804(a)(1)(A), a divorce, a dissolution of a 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 divorced or a dissolution or annulment of marriage is granted, the beneficiary designation is void unless the member, in writing after the divorce, dissolution, or annulment, specifically reaffirms the former spouse as a beneficiary.

2 AAC 35.255

Eff. 1/7/2001, Register 159; readopt 7/20/2006, Register 179

Effective 7/20/2006, Register 179, the Department of Administration readopted 2 AAC 35.255, without change, to affirm the validity of that section following statutory amendments made in ch. 9, FSSLA 2005. Chapter 9, FSSLA 2005 eliminated the Public Employees' Retirement Board, and largely transferred the board's authority to adopt regulations in 2 AAC 35 to the commissioner of administration.

Authority:AS 39.35.003

AS 39.35.490