The prescribed rate of interest that accrues on any indebtedness amount under the defined benefit plan of the Public Employees' Retirement System (AS 39.35.095-39.35.680) is seven percent, compounded semiannually on June 30 and December 31 of each year.
2 AAC 35.400
Authority:AS 39.35.003
AS 39.35.340
AS 39.35.345
AS 39.35.360
AS 39.35.385