Statutes, codes, and regulations
Alaska Administrative Code
Title 2 - AdministrationChapter 36 - Teachers' Retirement System
Article 3 - Benefits Under the Defined Benefits Plan of the Teachers' Retirement System ( AS 14.25.009 - 14.25.220)
Section 2 AAC 36.260 - Public service benefit

2 Alaska Admin. Code § 36.260

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Current through September 25, 2024
Section 2 AAC 36.260 - Public service benefit

For the purpose of calculating the actuarial cost of a public service benefit under AS 39.35.375, interest earned on contributions and indebtedness payments means the total investment returns on those contributions and payments.

2 AAC 36.260

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 36.260, without change, to affirm the validity of that section following statutory amendments made in ch. 9, FSSLA 2005. Chapter 9, FSSLA 2005 eliminated the Teachers' Retirement Board, and largely transferred the board's authority to adopt regulations in 2 AAC 36 to the commissioner of administration.

Authority:AS 14.25.003