2 Alaska Admin. Code § 35.315
Current through September 25, 2024
A retirement benefit adjustment at age 65 for a member who has selected the level income option applies to post-retirement pension adjustments (PRPA) and the Alaska cost-of-living allowance (COLA). Except as provided in 2 AAC 35.320, the COLA percentage and the percentage of PRPAs accrued at the time of the adjustment are applied to the after age 65 base retirement benefit to determine the adjusted COLA and PRPA amounts.
2 AAC 35.315
Authority:AS 39.35.040
AS 39.35.042
AS 39.35.460