The reduction of wages authorized under AS 14.25.150(c) does not affect the determination of "base salary" (AS 14.25.220 ) or the determination of "average base salary" (AS 14.25.220 ) under the defined benefit plan of the Teachers' Retirement System (AS 14.25.009-14.25.220). The amounts of plan contributions and benefits are based on the full wages prior to the reduction made under AS 39.30.150(c).
2 AAC 36.806
Authority:AS 14.25.003
AS 14.25.220